Red Pine Launches Virtual Tour of the Wawa Gold Project
Red Pine Launches Virtual Tour of the Wawa Gold Project
TORONTO, ONTARIO – April 13, 2022 – Red Pine Exploration Inc. (TSXV: RPX,
OTCQB: RDEXF) (“Red Pine” or the “Company”) is pleased to announce the launch of
its Virtual Site Tour utilizing the VRIFY Technology Inc. (“VRIFY”) platform, leveraged to
showcase the Wawa Gold Project. The V RIFY platform has been designed to assist
investors in better understand ing the scope of Red Pine’s 100% owned Wawa Gold
Project, and to provide the visual aids and updates in the form of valuable new data flow
out of the current drilling program and integrated into the platform. With the progress of
the drilling program, the VRI FY platform will be able to grasp these successes and
demonstrate any material project advancement and value creation for the Company’s
stakeholders.
The 3D renderings and satellite imagery amalgamated into the VRIFY platform provides
enhanced content to the Red Pine website, and via the VRIFY proprietary platform, a data
rich showcase of the project’s historical drilling and recent developments, which is a much
more informative and transparent experience for the viewer. The virtual site tour adeptly
showcases regional exploration activities and surrounding producers, the Wawa Gold site
location, infrastructure, land tenure, geologic setting, mineralization model, drill holes and
upside deposit potential.
VRIFY Technology Inc . is a cloud-based 3D presentation and collaboration technology
platform being used by companies to communicate with investors using 360° virtual tours
of remote mining assets, 3D models and interactive presentations. VRIFY can be
accessed by website and with the VRIFY iOS and Android apps.
“To follow our continued progress at the Wawa Gold Project, we encourage all
shareholders to visit the new VRIFY model, accessible through our website and the
VRIFY platform, to view our resulting geologic model and its evolution over time. The
VRIFY platfo rm will enhance communication of our results and add context and
transparency of our project’s location, scale, resources, and drill results as they are
released, helping potential investors and shareholders make informed decisions about
the Company. VRIFY’s interactive platform has proven to be an intuitive and valuable
investment tool as we systematically advance and de-risk the asset, and to better provide
context to explore the new information provided following the Company’s public updates.
“– Quentin Yarie, President and CEO of Red Pine Exploration.
The Red Pine Company Profile on VRIFY can be accessed here:
https://vrify.com/companies/red-pine-exploration-incorporated
The VRIFY virtual tour of the Wawa Gold Project can also be viewed on the Red Pine
website at: https://www.redpineexp.com/virtualtour
Administration
The Company is also pleased to announce that on April 11, 2022, it has retained the
services of Rayleigh Capital Ltd. ("Rayleigh Capital"), which will provide corporate
communications services to the Company, subject to TSX Venture Exchange approval.
Rayleigh Capital focuses on global investor relations for junior and small cap companies
specializing at exposing companies to a wide audience of investment professionals.
Under a consulting services agreement between the Company and Rayleigh Capital (the
"Agreement"), Rayleigh Capital has been retained for an initial term o f one-year, subject
to either party terminating the Agreement by providing written notice to the other party.
Under the Agreement, the Company will pay $10, 833.33 per month (plus GST) to
Rayleigh Capital to provide liaison, coordination, corporate growth strategy,
communications and other services to the Company
The Company and Rayleigh Capital act at arm's length, and Rayleigh Capital has no
present interest, directly or indirectly, in the Company or its securities. The fee to be paid
by the Company to Rayleigh Capital under the Agreement is for services only.
The Company additionally announces that its Board of Directors has granted an
aggregate of 175,000 stock options to employees and consultants of the Company. Each
stock option is exercisable into one common share of the Company at a price of $0. 46
per common share, with vesting period of 36 months, and exercisable for a period of five
years from the date of grant.
About Red Pine Exploration Inc.
Red Pine Exploration Inc. is a gold exploration company headquartered in Toronto,
Ontario, Canada. The Company's common 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. The Company’s
Chairman of the Board is Paul Martin, the former CEO of Detour Gold. The Board has
extensive and diverse experience at such entities as Alamos, Barrick, Generation Mining,
Detour Gold and Paramount Gold Nevada Corp. 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]
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.