Omega Pacific Confirms C$1,084,740 Flow-Through Private Placement Closure

Vancouver-based Omega Pacific Resources Inc. (CSE:OMGA) has completed the initial tranche of its non-brokered private placement, raising C$1,084,740. The offering included 1,485,945 flow-through common shares at C$0.73 each.

CEO Jason Leikam expressed satisfaction with the investor support, highlighting ongoing drilling efforts at the GIC Prospect zone in Williams property, with preliminary results expected in July.

The proceeds will fund exploration expenses at Williams Property in northern British Columbia, which qualify as flow-through mining expenditures under Canadian tax laws. Expenditures must be incurred by December 31, 2025, and renounced by December 31, 2024.

Additionally, the company will pay $75,932 in finders' fees and issue 103,281 finder's warrants. All securities are subject to a four-month hold period and final CSE acceptance. This press release is not an offer to sell securities in the U.S.