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Red Pine Exploration Announces Increase to Previously Announced Brokered Private Placement

TORONTO, ONTARIO–(Marketwired – Feb. 10, 2017) – Red Pine Exploration Inc. (TSX VENTURE:RPX) (“Red Pine” or “the Company”) is pleased to announce that it has increased the size of its previously announced private placement to up to $6,500,000 in a combination of: (i) units of the Company (the “Units”) at a price of C$0.12 per Unit; and (ii) common shares of the Company which will qualify as “flow-through” shares pursuant to the Income Tax Act (Canada) (the “FT Shares”) at a price of C$0.145 per FT Share.