Agoracom: Small Cap Investment - Red Pine Exploration - TSXV-Listed Red Pine Exploration Up 29% As It Looks to Raise Up to C$4 million in Private Placement Financing

Welcome To The Red Pine Exploration HUB On AGORACOM

Canadian base Metals and Gold Exploration Company

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

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TSXV-Listed Red Pine Exploration Up 29% As It Looks to Raise Up to C$4 million in Private Placement Financing

posted on Dec 10, 2019 04:53PM

2019-12-10 03:35:09 PM ET (MT Newswires)

03:35 PM EST, 12/10/2019 (MT Newswires) -- Red Pine Exploration (RPX.V) was up by more than a fourth after the company on Tuesday said it will raise up to C$4 million in a private placement of flow-through and common share units.

The company said the flow-through units, priced at C$0.035, will be made up of a tax-advantaged share and one half of a two-year warrant to buy a common share for C$0.05. The common share units, priced at C$0.035, are made up of a share and a whole two-year warrant to buy a share for C$0.05.

Red Pine said it expects to raise between C$2 million and C$4 million in the offer. Should it reach the maximum, it will have sold 114.29 million shares and 85.71 million warrants.

The company's shares were last seen up C$0.01 to C$0.045 on the TSX Venture Exchange.

Price: 0.05, Change: +0.02, Percent Change: +50.00

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