Red Pine Exploration Appoints New CFO

TORONTO, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Red Pine Exploration Inc. (TSX-V: RPX) ("Red Pine" or the "Company") announces that Mr. Gregory Duras, B.Admin., CPA, CGA has been appointed as Red Pine's Chief Financial Officer effective immediately.

Mr. Duras is a senior executive with over 23 years of experience working in the resource sector in corporate development, financial management and cost control positions. He's held the position of CFO at several publicly traded companies, including Savary Gold Corp., Nordic Gold Corp and Avion Gold Corp., and spearheaded large corporate financings. He is currently the CFO of Emerita Resources Ltd. Mr. Duras holds a Bachelor of Administration degree from Lakehead University and completed his Chartered Professional Accountant (CPA) designation in 1998.

Mr. Duras replaces Ms. Tara Gilfillan who served as Red Pine's Chief Financial Officer since February 2018. Tara is the founder and President of Optimize Group which provides, amongst other things, engineering consulting to the mining industry. Red Pine would like to thank Tara for her contributions to Red Pine and looks forward to an on-going relationship with the Optimize Group as we continue to develop the Wawa Gold Project.

About Red Pine Exploration Inc.
Red Pine Exploration Inc. is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada. The Company's common shares trade on the TSX Venture Exchange under the symbol "RPX".

Red Pine has a 60% interest in the Wawa Gold Project with Citabar LP. holding the remaining 40% interest. Red Pine is the Operating Manager of the Project and is focused on expanding the existing gold resource on the property.

For more information about the Company visit www.redpineexp.com

Or contact:
Quentin Yarie, CEO, 1(416) 364-7024, [email protected]

Or Mia Boiridy, President, 1(416) 364-7024, [email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This News Release contains forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors that may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.