Red Pine Exploration Appoints New Directors


TORONTO, ONTARIO--(Marketwired - Oct. 4, 2013) - Red Pine Exploration Inc. (TSX VENTURE:RPX) ("Red Pine" or the "Company") is pleased to announce the appointment of the following officers:

  • Mr. Elgin M. Wolfe has been appointed as Chairman of the Board
  • Mr. Richard E. Schler, MBA, has been appointed as Chief Executive Officer

They join the recent appointments of;

  • Mr. Quentin Yarie, P. Geo., as President and Chief Operating Officer
  • Mr. Peter D. Liabotis, CPA, CA, as Chief Financial Officer

Elgin M. Wolfe as Chairman of the Board

Mr. Wolfe has been a director since March 1989. An accomplished and successful businessman, Mr. Wolfe has spent his working life in the construction and real estate development business. He currently serves as President of King River Development Limited and Tri-Main Development LLC, both real estate development companies.

Richard E. Schler as Chief Executive Officer

Mr. Schler has worked for the Company and been a director since October 2003. During that period he held various positions including Chief Financial Officer and Chief Operating Officer. Before joining Red Pine, Mr. Schler held various senior management positions with noted corporations in the manufacturing sector. Mr. Schler has over 30 years of financial management, engineering and business operations experience, he holds a MBA (Masters of Business Administration) from Western University with a background in Mechanical Engineering.

Quentin Yarie as President and Chief Operating Officer

Mr. Yarie has served as the Company's Senior Vice President of Exploration since January 2010 and as a director since February 2011. An experienced geophysicist and a successful entrepreneur, Mr. Yarie has over 20 years of project management and business development experience in the mining and environmental/engineering sectors, and has held positions of increasing responsibility with a number of Canadian-based geophysical service providers. From 1992-2001 Mr. Yarie was a partner of a specialized environmental and engineering consulting group where he managed a number of large projects including the ESA of the Sydney Tar Ponds, the closure of the Canadian Forces Bases in Germany and the Maritime and Northeast Pipeline project.

Peter D. Liabotis as Chief Financial Officer

Mr. Liabotis has worked for the Company since 2009. Mr. Liabotis is a Canadian Chartered Professional Accountant with over 16 years of post-qualification experience. Mr. Liabotis articled for both KPMG and PriceWaterhouseCoopers and served as Senior Vice President, Chief Financial Officer for Olympia Capital from 1998 to 2008. Mr. Liabotis' diverse and international work experience has encompassed the mining, retail, manufacturing, investment funds, and insurance sectors.

More detailed information about the Company is available on the website: www.redpineexp.com

Cautionary Statement: We seek safe harbour.

This News Release contains forward-looking statements. Forward-looking statements are statements which relate to future events. 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.

Contact Information:

Red Pine Exploration Inc.
Quentin Yarie
President and Chief Operating Officer
(416) 364-7024
(416) 364-2753 (FAX)
qyarie@redpineexp.com

Red Pine Exploration Inc.
Brent Nykoliation
Senior Vice President - Corporate Development
bnykoliation@redpineexp.com
www.redpineexp.com