Omega Pacific Announces Non-Brokered Private Placement

Executive Summary

• Omega Pacific Resources Ltd. announced a non‑brokered private placement of up to C$3,000,000 to fund its 2026 exploration program at the Williams Property in British Columbia.
• The offering consists of 10 million FT Units @ $0.22 and 7.5 million NFT Units @ $0.20, each unit pairing a common share with half a share‑purchase warrant.
• Proceeds will be used for eligible flow‑through mining expenditures on the Williams Property and for general working capital, supporting expansion of a gold system that previously returned up to 2.16 g/t Au over ~97 m.

Key Details

• Offering Structure
• FT Units: 10,000,000 units @ $0.22 per unit = C$2.20 M gross. Each unit includes one flow‑through common share and a half warrant (full warrant allows purchase of one additional non‑flow‑through share at $0.33 for 18 months; expires early if the share price > $0.50 for 15 consecutive trading days).
• NFT Units: 7,500,000 units @ $0.20 per unit = C$1.50 M gross. Each unit includes one common share and a half warrant (full warrant allows purchase of one additional common share at $0.30 for 2 years; same early‑expiry condition).
• Total Gross Proceeds: Up to C$3.70 M (combined FT and NFT units).
• Use of Proceeds
• FT Units: Eligible Canadian exploration expenses (“flow‑through mining expenditures”) on the Williams Property, renounced to subscribers by Dec 31 2026.
• NFT Units: Exploration and development of the Williams Property plus general working capital.
• Hold Period: All securities subject to a four‑month‑plus‑one‑day hold period per applicable securities laws/CSE policy.
• Finder’s Fees: Company may pay finder’s fees in accordance with CSE policies.
• Closing Conditions: Subject to customary conditions and no objection from the Canadian Securities Exchange.
• Exploration Context
• 2024 drill program at GIC Prospect returned 1.69 g/t Au over 104 m (including 6.22 g/t Au over 18.98 m) and 2.16 g/t Au over 96.92 m.
• Gold system extends ~750 m strike length; mineralization open in all directions within a 1,800 m soil anomaly.
• 2026 program will extend drilling eastward toward historic hole WM22‑03 (~600 m from 2024 collars).

Notable Quotes

No direct quotes were provided in the release.