February 9, 2017 / 2:35 PM / 9 months ago

BRIEF-Red Pine Exploration enters deal with Eventus Capital

Feb 9 (Reuters) - Red Pine Exploration Inc

* Red Pine Exploration Inc - entered into an agreement with Eventus Capital Corp for a private placement

* Red pine exploration - as per agreement, Eventus agreed to act on behalf of co for combined private placement of up to 16.67 million units of co at c$0.12/unit

* Red Pine Exploration Inc - proceeds from financing will be used to further exploration work on WAWA Gold Project

* Combined private placement also consists of a further 20.69 million common shares of co Source text for Eikon: Further company coverage:

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