Red Pine Exploration Inc. Completes $6.5 Million Brokered Private Placement

February 24, 2017

Red Pine Exploration Inc. completed a brokered private placement for gross proceeds of over $6,500,000. Red Pine issued and sold 27,586,900 "flow-through" common shares, along with 21,168,666 units, with each unit consisting of one non-"flow-through" common share and one common share purchase warrant. The offering was led by Eventus Capital Corp. 

Wildeboer Dellelce LLP represented Red Pine in connection with the transaction with a team that included Al Wiens, Michael Rennie and Rebecca Cochrane (corporate / securities) and John O’Connor (tax).