Red Pine Exploration Inc.

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSX-V: RPX, OTCQB; RDEXF) (“Red Pine” or the “Company”) announces that its Board of Directors has granted an aggregate 1,723,400 stock options to directors, officers, employees and consultants of the Corporation pursuant to the Stock Option Plan. Each stock option is exercisable into one common share of the Company at a price of $0.20 CAD per common share. The stock options vest at a rate of 25% upon grant as well as 25% on the next three grant-date anniversaries up to May 15, 2026 and ex...

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to report new drilling results from its ongoing exploration program. The new results continue to indicate that broad zones of gold mineralization exist in the hanging wall and footwall of the Jubilee Shear in geological structures that were sparsely tested by historic drilling programs. Hanging wall of (above) the Jubilee Shear (Figure 2) Minto B Shear Intersection of 2.68 g/t gold over 25.22 m in SD-23-419 tha...

/ NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO, May 08, 2023 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce that it has closed its previously announced “best efforts” private placement (the “Offering”) for gross proceeds of approximately $7.745 million, including full exercise of the Agents’ Option (as defined in the press release of the Company dated March 31, 2023). The Offering c...