1. Full name and address of the Issuer. Red Pine Exploration Inc. (the “Issuer”)

FORM 51 – 102F3 MATERIAL CHANGE REPORT

1.

Full name and address of the Issuer.

Red Pine Exploration Inc. (the “Issuer”)

Suite 520 – 141 Adelaide Street West Toronto, ON M5H 3L5

2.

Date of Material Change.

July 29, 2015

3. News Release.

A news release with respect to the material change referred to in this report was issued on July 29, 2015.

4.

Summary of Material Change.

Red Pine Exploration Announces Appointment of New Chief Executive Officer

5. Full Description of Material Change.

Richard Schler has resigned as Chief Executive Officer and as a Board Member, effective July 28, 2015.

Quentin Yarie has been appointed as Chief Executive Officer effective July 29, 2015. Mr. Yarie remains President of the Issuer as well as a Director.

6. Reliance on subsection 7.1(2) of National Instrument 51 – 102.

This report is not being filed on a confidential basis.

7.

Omitted Information.

No significant facts have been omitted from this report.

8. Executive Office.

For further information, please contact the Issuer at (416) 364-7024.

9.

Date of Report.

DATED the 29th day of July, 2015.