Capital Structure

Red Pine Exploration Inc.	TSXV: RPX
As of July 2025	Current
Shares Outstanding (M) – Basic	370.5M
Options (M) – wt. av. C$0.27	9.7M
Warrants (M) – wt. av. C$0.14	51.2M
Shares Outstanding (M) – Fully Diluted	431.4M
Wawa Gold Project Ownership	100%

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