TORONTO, ONTARIO--(Marketwired - Feb. 1, 2016) - Red Pine Exploration Inc. (TSX VENTURE:RPX) (the "Company" or "Red Pine") announces the results of the Annual and Special Meeting of its Shareholders (the "Meeting") held in Toronto, Ontario, Canada on January 29, 2016. All resolutions were passed with the required majorities.

At the meeting, the shareholders elected the following persons (with the corresponding voting percentages of the votes cast as provided below) to serve as directors of the Company. Each director will hold his office for a term expiring at the next annual meeting of shareholders or until his successor is duly elected and qualified.

• Elgin Wolfe (99.87.0% voted "for", 0.13% withhold)
• Quentin Yarie (96.19% voted "for", 3.81% withhold)
• Joseph Heng (99.62.0% voted "for", 0.38% withhold)
• Brent Nykoliation (99.87% voted "for", 0.13% withhold)
• Myles Johnson (96.32% voted "for", 3.68% withhold)

The following are the results of the other matters presented at the Meeting. The percentages noted below represent the "For" votes and are expressed as a percentage of the total votes cast.

Resolution 2: 97.99% ratified the appointment of MNP LLP, as the Company's independent registered public accounting firm for the fiscal year ending July 31, 2015 and authorized the directors to fix remuneration;

Resolution 3: 98.84% approve a special resolution authorizing the Board of Directors to amend the articles of incorporation to change its name to "Wawa Gold Inc." or to such other name as the Board of Directors deems appropriate;

In addition, following the Meeting, the Board of Directors approved the re-appointments of the following executive officers:

• Elgin Wolfe as Chairman of the Board
• Quentin Yarie as Chief Executive Officer and President
• Marc Johnson as Chief Financial Officer

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".

Red Pine has a 30% interest in the Wawa Gold Project and is part of a Joint Venture Agreement (JVA) with Citabar LLP and Augustine Ventures Inc. Under the terms of the JVA, Red Pine is the Operating Manager and continues to explore and advance the current gold resource on the property.

On December 17, 2015, Red Pine and Augustine Ventures conjointly signed a Letter of Intent to merge. The merged exploration company will own 60% of the Wawa Gold Project.

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.
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.