Red Pine Announces Appointment of CFO
Red Pine Announces Appointment of CFO
TORONTO, Feb. 21, 2023 -- Red Pine Exploration Inc. ( TSXV: RPX, OTCQB: RDEXF) (“Red Pine” or the “Company”)
announces that Eric Josipovic, MBA, CPA, CA has been appointed as Red Pine’s Chief Financial Officer effective
immediately.
Mr. Josipovic has 25 years of experience in the mining sector, beginning at KPMG, serving mining clients in the firm’s audit
practice. In 2001, Mr. Josipovic joined an international base metals mining company, where he held progressive roles in the
areas of public reporting, budgeting and forecasting. Since 2009, Mr. Josipovic has consecutively held the position of Controller
at two producing gold mining companies: gaining experience in treasury, due diligence and tax. Mr. Josipovic also currently
serves on the Board of Directors of a local community health centre as chair of the governance committee and treasurer. Mr.
Josipovic holds an MBA from the University of Toronto and a CPA, CA designation.
Mr Josipovic stated, “I am proud to join the Red Pine team and contribute to the growth and success of its flagship Wawa Gold
Project, located in one of the world’s pre-eminent mining jurisdictions. I look forward to working with my new colleagues
throughout the Company.”
About Red Pine Exploration Inc.
Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto, Ontario, Canada. The Company's shares
trade on the TSX Venture Exchange under the symbol "RPX" and on the OTCQB Markets under the symbol “RDEXF”.
The Wawa Gold Project is in the Michipicoten Greenstone Belt of Ontario, a region that has seen major investment by several
producers in the last five years. Its land package hosts numerous historic gold mines and is over 6,900 hectares in size. Led
by Quentin Yarie, CEO, who has over 25 years of experience in mineral exploration, Red Pine is strengthening its position as
a major mineral exploration and development player in the Michipicoten region.
For more information about the Company, visit www.redpineexp.com
Or contact:
Quentin Yarie, President and CEO, (416) 364-7024, [email protected]
Or
Carrie Howes, Director Corporate Communications, (416) 644-7375, [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.
Cautionary Note Regarding Forward-Looking Information
This news release contains statements which constitute “forward-looking information” within the meaning of applicable
securities laws, including statements regarding the plans, intentions, beliefs and current expectations of the Company with
respect to future business activities and operating performance.
Forward-looking information is often identified by the words “may”, “would”, “could”, “should”, “will”, “intend”, “plan”, “anticipate”,
“believe”, “estimate”, “expect” or similar expressions. Forward-looking information contained in this news release includes but
may not be limited to:” the potential for a hybrid pit and underground project”. Investors are cautioned that forward-looking
information is not based on historical facts but instead reflect management’s expectations, estimates or projections
concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable
at the date the statements are made. Such opinions, assumptions and estimates are inherently subject to a variety of risks
and uncertainties that could cause actual events or results to differ materially from those projected and undue reliance should
not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results,
performance or achievements. Among the key factors that could cause actual results to differ materially from those projected
in the forward-looking information are the following: the Company's expectations in connection with the projects and
exploration programs being met, the impact of general business and economic conditions, global liquidity and credit availability
on the timing of cash flows and the values of assets and liabilities based on projected future conditions, fluctuating gold prices,
currency exchange rates (such as the Canadian dollar versus the United States Dollar), variations in ore grade or recovery
rates, changes in accounting policies, changes in the Company's mineral reserves and resources, changes in project
parameters as plans continue to be refined, changes in project development, construction, production and commissioning time
frames, the possibility of project cost overruns or unanticipated costs and expenses, higher prices for fuel, power, labour and
other consumables contributing to higher costs and general risks of the mining industry, failure of plant, equipment or
processes to operate as anticipated, unexpected changes in mine life, seasonality and weather, costs and timing of the
development of new deposits, success of exploration activities, permitting time lines, government regulation of mining
operations, environmental risks, unanticipated reclamation expenses, title disputes or claims, and limitations on insurance.
This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the
Company, including the Company’s annual information form, financial statements and related MD&A for the year ended July
31, 2022, and the interim financial reports and related MD&A for the period ended October 31, 2022, filed with the securities’
regulatory authorities in certain provinces of Canada and available at www.sedar.com.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking
information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated,
believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors
which could cause actual results to differ materially, there may be others that cause results not to be as anticipated,
estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking
information except as otherwise required by applicable law.