Red Pine Exploration Inc. further to its press release of May 1, 2024 (the Prior Press Release), provided an update on the Company?s progress on its investigations into the reporting inconsistencies in certain assay results from the Wawa Gold Project. The Company confirms that the issues set out in the Prior Press Release are unrelated to the integrity of its quality assurance/quality control (QA/QC) measures with respect to the drill core samples collected from the Wawa Gold Project and transported to Activation Laboratories Ltd. (Actlabs) in Ancaster, Ontario for assay purposes. The Company is confident that the assay results provided by Actlabs to the Company were correct and accordingly, that the Company can securely rely on Actlabs?

certified assay results. The issue noted in the Prior Press Release was specific to certain inconsistencies between some of the certified assay results received from Actlabs and the corresponding assay results reported by the Company in the applicable press releases, other disclosure documents and the Wawa Gold Project assay database.