Red Pine Exploration Grants Stock Options

TORONTO, ONTARIO--(Marketwired - April 6, 2017) - Red Pine Exploration Inc. (TSX VENTURE:RPX) ("Red Pine" or the "Company") announces that it has granted an aggregate of 3,027,000 stock options to directors, officers, employees and consultants of the Company in accordance with the provisions of the Company's stock option plan, subject to approval of the TSX Venture Exchange. Each option entitles the holder to purchase one common share of the Company at an exercise price of $0.12 for a five-year period.