Red Pine Announces Resignation of Director
05 Abril 2023 - 7:52AM
Red Pine Exploration Inc. (TSXV: RPX, OTCQB: RDEXF) ("
Red
Pine" or the "
Company") announces that
Mr. Nils Engelstad, Alamos Gold Inc.’s (“Alamos”) nominee on the
Company’s board of directors (the “Board”), 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 common shares of the Company pursuant to the terms of
its Investor Rights Agreement with the Company.
About Red Pine Exploration
Inc.
Red Pine Exploration Inc. is a gold exploration
company headquartered in Toronto, Ontario, Canada. The Company’s
shares trade on the TSX Venture Exchange under the symbol “RPX” and
on the OTCQB Markets under the symbol “RDEXF”.
The Wawa Gold Project is in the Michipicoten
Greenstone Belt of Ontario, a region that has seen major investment
by several producers in the last five years. Its land package hosts
numerous historic gold mines and is over 6,900 hectares in size.
Led by Quentin Yarie, CEO, who has over 25 years of experience in
mineral exploration, Red Pine is strengthening its position as a
major mineral exploration and development player in the
Michipicoten region.
For more information about the Company, visit
www.redpineexp.com
Or contact:
Quentin Yarie, President and CEO, (416)
364-7024, qyarie@redpineexp.com
Or
Carrie Howes, Director Corporate Communications,
(416) 644-7375, chowes@redpineexp.com
Red Pine Exploration (TSXV:RPX)
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