Red Pine Exploration Inc. announced that Quentin Yarie has stepped down as Chief Executive Officer of the Company. Paul Martin, the Chair of the Board of Directors of the Company has as assumed the role of Interim CEO. Mr. Yarie has been with the Company in various roles since December 2009, serving in the capacity of President & COO since October 2013 and as CEO since July 2015.

Under his stewardship, the Company acquired and consolidated 100% ownership of its flagship property, the Wawa Gold Project, advancing the project?s mineral resource prospects and successfully positioned the Wawa Gold Project for further success. The Board thanks Mr. Yarie for his years of service to the Company. Mr. Yarie will remain as a member of the Board for the time being to assist in the transition of executive management to ensure continuity of operations.

Following the appointment of a permanent replacement CEO, Mr. Yarie has advised the Company he will resign his Board seat. Mr. Martin, who will serve as the Company?s Interim CEO until the search for Mr. Yarie?s permanent replacement is concluded, is an experienced mining executive having served in many senior executive positions over a 30-year career in the mining industry, including as President & CEO of Detour Gold Corporation (2013-2018). Mr. Martin recently acted as interim CEO of Osisko Gold Royalties Ltd. from July 2023 to December 2023, where he ensured a smooth transition and continuity of business strategy while the Board undertook its search for its new President and CEO.