Opta Minerals Inc.: Update on TSX Listing Review

January 12, 2016

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WATERDOWN, ONTARIO–(Marketwired – Jan. 12, 2016) – Opta Minerals Inc. (the “Company“) (TSX:OPM) announced today that it has received notice from the Toronto Stock Exchange (the “TSX“) that its common shares will be delisted from the TSX effective at the close of market on February 11, 2016. The common shares are being delisted on the basis that the Company no longer meets the continued listing requirements of the TSX.

It is not anticipated that the delisting will have any adverse impact on the current business or operations of the Company.

The Company intends to seek a listing of its common shares on the TSX Venture Exchange or the NEX board in order that shareholders will continue to have a public market on which to trade their shares. Any alternative listing will be subject to the Company meeting applicable listing requirements. Further information concerning an alternative stock exchange listing for the common shares will be provided in due course.