Red Pine Exploration Inc. 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 [...]
Red Pine Exploration Inc. 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 the [...]
Red Pine Exploration Inc. is pleased to announce that it has closed its previously announced "best efforts" private placement for gross proceeds of approximately $7.745 million, including full exercise of the Agents' Option . The Offering consisted of: 5,675,000 units of the Company at a price of $0.20 per Unit ; 11,538,230 tranche 1 flow-through [...]
Red Pine Exploration Inc. , further to its news releases of March 31, 2023, is pleased to announce that Merk Investments LLC has expressed its interest in participating in the Company's previously announced private placement . It is anticipated that Merk will purchase securities under the Upsized Offering such that it will own approximately 9.9 [...]
Red Pine Exploration Inc. announces that Mr. Nils Engelstad, Alamos Gold Inc.'s nominee on the Company's board of directors , has resigned as a member of the Board, effective April 4, 2023. Alamos will continue to have the right to nominate one member to the Board provided it continues to beneficially own at least 10% of the issued and outstanding [...]
Red Pine Exploration Inc. is pleased to announce that it has entered into an amendment agreement with Haywood Securities Inc. , as co-lead agent and sole bookrunner, on behalf of 3L Capital Inc. , as co-lead agent, and a syndicate of agents in connection with a private placement on a "best efforts" agency basis, to increase the size of the [...]
Red Pine Exploration Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. , as co-lead agent and sole bookrunner, on behalf of 3L Capital Inc. , as co-lead agent, and a syndicate of agents in connection with a private placement on a "best efforts" agency basis, for gross proceeds of up to $6,300,000 . The [...]
Red Pine Exploration Inc. 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 of the Jubilee Shear in geological structures that were sparsely tested by historic drilling programs. Minto B Shear located above the [...]
Red Pine Exploration Inc. is pleased to report new drilling results from its continuing exploration program. The new results indicate that high-grade vein networks, comparable to the Surluga North Vein Network intersected in SD-22-396 , are present in the footwall of the Surluga; an area that was historically untested and wide open for resource [...]
Red Pine Exploration Inc. announces that Eric Josipovic, MBA, CPA, CA has been appointed as Red Pine's Chief Financial Officer effective immediately. Mr. Josipovic has 25 years of experience in the mining sector, beginning at KPMG, serving mining clients in the firm's audit practice. In 2001, Mr. Josipovic joined an international base metals mining [...]
Red Pine Exploration Inc. is pleased to report new drill results from its continuing exploration program. The results demonstrate the pervasiveness of gold mineralization over broad areas surrounding the Surluga resource, including significant intersections in the hanging wall of the Jubilee Shear Zone. Significant intersections in the Minto [...]
Red Pine Exploration Inc. is pleased to report results from its continuing exploration program. Hole SD-22-396 intersected significant mineralization in the Surluga North Vein Network above the Jubilee Shear Zone of the current resources of the Wawa Gold Project. All reported drill widths are core length unless otherwise stated. High-grade [...]
