(Source: Red Pine Exploration Inc) December 2, 2013 - Toronto, ON - Red Pine Exploration Inc. (the "Red Pine") (RPX: TSX-V) is pleased to announce it has entered into an agreement (the "Agreement") with IBK Capital Corp. ("IBK"), under which IBK has agreed to act, on a best efforts basis, as the agent for the private placement of up to 20,000,000 flow-through units (the "FT Units") of Red Pine at a price of $0.05 per FT Unit for aggregate gross proceeds to Red Pine of up to $1,000,000 (the "FT Offering") and up to 6,000,000 non-flow through units (the "Units") at a price of $0.05 per Unit for aggregate gross proceeds of $300,000 (the "Non FT Offering"). Each FT Unit will consist of one...
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