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Red Pine Exploration Inc. Announces Results of Annual Shareholder Meeting

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TORONTO, June 01, 2021 (GLOBE NEWSWIRE) — Pink Pine Exploration Inc. (TSX-V: RPX) (the “Company”) is happy to announce the outcomes of its annual and particular assembly of shareholders (the “Assembly”) held on Could 31, 2021, with all resolutions permitted with the required majority. On the Assembly, the shareholders:

  • elected Drew Anwyll, Andrew Baumen, Robert Dodds, Nils Engelstad, Paul Martin and Quentin Yarie as administrators of the Company;
  • re-appointed MNP, LLP, Chartered Skilled Accountants as auditors of the Company to carry workplace till the following annual assembly of shareholders, and to authorize the administrators to set their remuneration;
  • permitted a decision authorizing the continued use of the Company’s inventory choice plan (the “Inventory Possibility Plan”).

The Board of Administrators has granted an mixture of 150,000 inventory choices to administrators, and consultants of the Company pursuant to the Inventory Possibility Plan. Every inventory choice is exercisable to amass one widespread share of the Company at a value of $0.76 per share, vest over 36 months and expire on the fifth anniversary of the date of grant. The grant of choices is topic to the approval of the TSX Enterprise Alternate.

About Pink Pine Exploration Inc.

Pink Pine Exploration Inc. is a gold exploration firm headquartered in Toronto, Ontario, Canada. The Firm’s widespread shares commerce on the TSX Enterprise Alternate below the image “RPX”.

For extra details about the Firm, go to www.redpineexp.com
Or contact: Quentin Yarie, President and CEO, (416) 364-7024, qyarie@redpineexp.com

Or Tara Asfour, Investor Relations Supervisor, (514) 833-1957 tasfour@redpineexp.com

Neither TSX Enterprise Alternate nor its Regulation Providers Supplier (as that time period is outlined in insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch.

This Information Launch accommodates forward-looking statements. In some instances, you possibly can determine forward-looking statements by terminology corresponding to “might”, “ought to”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “proceed” or the destructive of those phrases or different comparable terminology. These statements are solely predictions and contain identified and unknown dangers, uncertainties and different components which will trigger our or our business’s precise outcomes, ranges of exercise, efficiency or achievements to be materially completely different from any future outcomes, ranges of exercise, efficiency or achievements expressed or implied by these forward-looking statements.

Though the Firm believes that the assumptions and components utilized in getting ready the forward-looking info on this information launch are affordable, undue reliance shouldn’t be positioned on such info, which solely applies as of the date of this information launch. The Firm disclaims any intention or obligation to replace or revise any forward-looking info, whether or not because of new info, future occasions or in any other case, apart from as required by legislation.

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