TORONTO, ONTARIO--(Marketwired - Jul 29, 2015) - Red Pine Exploration Inc.'s (TSX VENTURE:RPX) Board of Directors announced today that Richard Schler has tendered his resignation as Chief Executive Officer ("CEO") and member of the Board of Directors, effective July 28, 2015. Mr. Quentin Yarie, Red Pine's President and COO has been appointed as the Company's new President and CEO.

"The Board is excited to have Quentin as Red Pine's new CEO," added Mr. Wolfe. "Throughout his involvement with the Company, Quentin has led Red Pine's exploration programs and our technical team. HIs extensive experience, leadership qualities, and proven ability to advance exploration projects makes him the ideal person to move the Company forward."

Mr. Yarie, P.Geo., became President and Chief Operating Officer ("COO") in November 2012. Previously, he served as Red Pine's Vice President of Exploration from 2009 to 2012. Mr. Yarie has over 30 years of experience as an exploration geophysicist and has expertise in supervising large Canadian and international exploration projects. Mr. Yarie is currently responsible for overseeing all aspects of the company's exploration programs and has been leading Red Pine's flagship Wawa Gold Project. He will continue to utilize his experience to advance the project as it matures through the exploration development stage.

The Board would like to take this opportunity to sincerely thank Mr. Schler for his hard work and dedication throughout the years with the business, and the valuable insight and experience he has provided to the Company. He made substantial contributions to the organization and will continue to provide consulting services to the Company.

Issued on behalf of the Board of Directors.

About Red Pine Exploration Inc.

Red Pine Exploration Inc. is a gold and base-metals exploration company headquartered in Toronto, Ontario, Canada. The Company's common shares trade on the TSX Venture Exchange under the symbol "RPX".

For more information about the Company visit www.redpineexp.com.

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.
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