Red Pine Exploration Inc. is pleased to announce that it has amended the terms of its previously announced "bought deal" private placement to increase the size of the offering to C$7.3 million . Under the terms of the Upsized Offering, Haywood Securities Inc. , as sole underwriter and bookrunner, has agreed to purchase, on a "bought deal" private placement basis, 11,238,000 flow-through shares of the Company at a price of [...]
Red Pine Exploration Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. , as sole underwriter and bookrunner, pursuant to which Haywood has agreed to purchase, on a "bought deal" private placement basis, 7,693,000 flow-through shares of the Company at a price of C$0.65 per FT Share, with such FT Shares to qualify as "flow-through shares" of the Income Tax Act ), for aggregate [...]
Red Pine Exploration Inc. , further to its press release dated August 20th, 2021, announces the completion of the sale of all of Red Pine's Algoma-Talisman gold prospective property , located in Newton Township, Ontario , to Newton Gold Corp. for a total purchase price of CAD $1,050,000 . Red Pine has now received the remaining CAD $500,000 of the cash portion of the Purchase Price payable by Newton in connection with the [...]
Red Pine Exploration Inc. announces that its Board of Directors has granted an aggregate 100,000 stock options to Rachel Goldman, a recently appointed director of the Company. Each stock option is exercisable into one common share of the Company at a price of $0.61 CAD per common share, with vesting over 36 months, and exercisable for a period of five years from the date of grant. The options are granted pursuant to the [...]
Red Pine Exploration Inc. is pleased to report new and notable results from its 2021 drilling program at the Wawa Gold Project, including the discovery of high-grade gold mineralization in the Jubilee Shear Zone more than 400 metres down-dip of the current boundary of the Surluga Deposit inferred resource. Highlights of the 2021 Drilling Program Intersection in SD-21-298A of 25.73 g/t gold over 4.78 metres true width in [...]
Red Pine Exploration Inc. is pleased to announce the appointment of Rachel Goldman to the Board of Directors . Ms. Goldman brings 20 years of experience in institutional sales, mining company financings and corporate transactions during her career while at several Canadian brokerage firms where she developed an extensive list of investor and mining company relationships. In February 2020, she was appointed to the role of [...]
Red Pine Exploration Inc. is pleased to report new and notable results from its 2021 drilling program at the Wawa Gold Project, including the discovery of high-grade gold mineralization in the Minto Vein 30 metres down-dip of the current boundary of the Minto Mine Deposit inferred resource. Highlights of the 2021 Drilling Program Intersection in SD-21-298A of 109.37 g/t gold over 2.68 metres true width in the Minto Vein [...]
Red Pine Exploration Inc. announces results from its 2021 surface exploration program, including the identification of promising new zones of gold mineralization in shear zones located on and adjacent to the Company's newly acquired War Eagle claims. In parallel to its diamond drilling program, initial highlights recently released on the 19th of July and the identification of new zones of high-grade mineralization [...]
Red Pine Exploration Inc. announces the execution of a definitive agreement with Newton Gold Corp. to sell all of Red Pine's rights, title and interest to Newton in the Algoma-Talisman gold prospective property , located in Newton Township, Ontario . The Transaction will allow Red Pine to focus its efforts on its 100%-owned Wawa Gold Project in Wawa, Ontario, where it is currently undertaking a 15,000-metre diamond [...]
Red Pine Exploration Inc. is pleased to report new results from its 2021 drilling program at the Wawa Gold Project, including the discovery of high-grade gold mineralization in the Jubilee Shear Zone and the newly identified Sadowski Gold Zone. Highlights of the 2021 Drilling Program Intersection of 4.66 g/t gold over 12.24 metres true width in the Jubilee Shear Zone, including 24.1 g/t gold over 0.68 metres and 14.68 g/t [...]
Red Pine Exploration Inc. is pleased to report on drill progress at the Wawa Gold Project, including the discovery of new mineralized zones, extension of the Minto Mine South deposit and additional evidence of the continuity of the Surluga resource down plunge. Highlights of the 2021 drilling program Discovery of a new mineralized structure near the Surluga Mine Shaft containing 3.31 g/t gold over 4.91 metres including [...]
Red Pine Exploration Inc. announces it will be filing an updated NI 43-101 Technical Report including updates to the ownership structure, land position, additional drilling and surface exploration results as well as positive results from metallurgical test work. The resource statement in this report remains unchanged due to insufficient additional drill data. Highlights of the metallurgical study: CIL cyanidation and [...]
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