Red Pine Exploration Inc. Completes $8.4 Million “Bought Deal” Private Placement of Flow-Through Shares

November 19, 2021

Red Pine Exploration Inc. (TSXV:RPX), a gold exploration company headquartered in Toronto, Ontario, completed a “bought deal” private placement of 12,923,700 flow-through shares (the “FT Shares”) at a price of $0.65 per FT Share for aggregate gross proceeds of $8,400,405. Haywood Securities Inc. acted as the sole underwriter and bookrunner.

Wildeboer Dellelce LLP acted for Red Pine with a team that included Al Wiens, Natalie Tershakowec and Kassidy Doherty (corporate/securities) and John Kutkevicius (tax).