19:53:12 EDT Wed 05 Aug 2026
Enter Symbol
or Name
USA
CA



Omega Pacific Resources Inc
Symbol OMGA
Shares Issued 49,187,883
Close 2026-08-05 C$ 0.135
Market Cap C$ 6,640,364
Recent Sedar+ Documents

Omega Pacific closes final tranche of placement

2026-08-05 18:00 ET - News Release

Mr. Omega Pacific reports

OMEGA PACIFIC CLOSES PRIVATE PLACEMENT

Omega Pacific Resources Inc. has proposed the closing of the second and final tranche of its previously announced non-brokered private placement. The second tranche has resulted in the sale of 1.08 million flow-through units at a price of 21 cents per FT unit for gross proceeds of $226,800 and 1.5 million non-flow-through units at a price of 20 cents for gross proceeds of $300,000. The gross proceeds from the sale of FT units will be used for a planned exploration program on the Williams property, located on the Williams property in British Columbia's Toodoggone district. The net proceeds from the sale of the units will be utilized for general working capital.

Each FT unit consists of one flow-through common share and one-half of a share purchase warrant. Each FT unit warrant is exercisable into one additional common share at a price of 30 cents per share for 18 months from issue, subject to earlier expiry in the event that the closing price of the common shares exceeds 55 cents for 15 consecutive trading days. Each unit consists of one non-flow-through common share and one-half of a share purchase warrant. Each unit warrant is exercisable into one additional common share at a price of 30 cents per share for 24 months from issue, subject to earlier expiry in the event that the closing price of the common shares exceeds 50 cents for 15 consecutive trading days.

In connection with the sale of the units and FT units, the company paid a total of $16,849 in cash and issued 81,900 finder warrants to eligible finders for certain of the units and/or FT units sold. The finder warrants issued pursuant to the sale of FT unit are exercisable at a price of 21 cents per common share for 18 months from the date of issuance, subject to earlier expiry in the event that the closing price of the common shares exceeds 55 cents for 15 consecutive trading days. The finder warrants issued pursuant to the sale of units are exercisable at a price of 20 cents per common share for 24 months from the date of issuance, subject to earlier expiry in the event that the closing price of the common shares exceeds 50 cents for 15 consecutive trading days.

All securities issued are subject to a hold period of four months and one day from the date of issuance.

The flow-through shares will qualify as flow-through shares for the purposes of the Income Tax Act (Canada). The proceeds of the flow-through private placement will be used to incur Canadian exploration expense (within the meaning of the act). The company will renounce these expenses to the purchasers with an effective date of no later than Dec. 31, 2026, and as required under the act.

One insider of Omega Pacific participated in the offering, and such subscription is a related-party transaction for the purposes of Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions), but Omega Pacific is relying on exemptions from the formal valuation and minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that the fair market value of the subscription, insofar as it involves the insider of Omega Pacific, does not exceed 25 per cent of the market capitalization of Omega Pacific, as determined in accordance with MI 61-101.

For additional information with regard to the offering, please refer to Omega Pacific's news releases dated March 11, 2026, May 1, 2026, and May 12, 2026, available for viewing on Omega Pacific's SEDAR+ profile.

Williams exploration strategy

The GIC prospect at the Williams property hosts a robust, bulk tonnage gold system. Two thousand twenty-six exploration programs will focus on expanding known mineralization along a drill-confirmed strike length, in an eastward and updip direction from 2024 drill collars. All four 2024 drill holes intersected bulk tonnage and localized high-grade gold mineralization in multiple zones. WM24-01 intersected 1.69 grams per tonne Au over 104 metres, including 6.22 g/t Au over 18.98 m, and WM22-02 extension returned 2.16 g/t Au over 96.92 m, including 4.6 g/t Au over 10.5 m. Mineralization is open in all directions, and GIC represents a prospective target distancing over 12 kilometres. Details of coming exploration programs will be shared upon commencement of work.

About Omega Pacific Resources Inc.

Omega Pacific is a Canadian mineral exploration company focused on the discovery and development of precious metal projects in British Columbia. The company also continues to evaluate prospective assets domestically and internationally. With a talented technical team, Omega Pacific is commitment to responsible exploration with judicious use of capital.

We seek Safe Harbor.

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