Mr. Michael Michaud reports

RED PINE ANNOUNCES RESULTS OF ITS ANNUAL GENERAL MEETING

Red Pine Exploration Inc. has released the results of its annual and special meeting of shareholders, held on Jan. 21, 2026.

At the meeting, the shareholders:

• Re-elected Drew Anwyll, Rachel Goldman, Paul Martin, Michael Michaud, Alice Murphy and Gary O'Connor as directors of the company;
• Reappointed MNP LLP, chartered accountants, as the company's auditor;
• Approved the change of name of the company to RPX Gold Inc., or such other name as determined by the board of directors and as may be acceptable to the regulatory authorities;
• Approved an amendment to the articles of the company to delete the class of preference shares and update the terms of the common shares.

Following the meeting, the board of directors of the company resolved to proceed with the name change. Following receipt of all regulatory and stock exchange approvals, the company's stock is expected to begin trading under its new name. The ticker symbol will not change. The company will make a further announcement when such date has been determined.

Mr. Michaud, president and chief executive officer of Red Pine, commented: "We appreciate the continued support of our shareholders and are pleased to have received approval on all matters brought before the meeting. The name change to RPX Gold better reflects our strategic focus and evolution as we set on a path to becoming a producer at the Wawa gold project."

Effective Jan. 21, 2026, the board of directors has granted an aggregate of 2,915,000 stock options to directors, officers, employees and consultants of the company, pursuant to its stock option plan. Each stock option is exercisable to acquire one common share of the company at a price of 21 cents per common share, being the closing price of the company's common shares as at the close of market on Jan. 20, 2026. The stock options vest at a rate of 25 per cent upon grant, as well as 25 per cent on the next three grant date anniversaries up to Jan. 21, 2029, and expire on Jan. 21, 2031.

These options were granted under the company's fixed number stock option plan, effective Dec. 14, 2021. A fixed number plan that reserves not more than 10 per cent of the outstanding shares does not require shareholder approval under applicable TSX Venture Exchange policies. As of Jan. 21, 2026, there were 9,606,565 stock options outstanding, leaving an aggregate of 504,315 to be granted under the plan.

About Red Pine Exploration Inc.

Red Pine Exploration is a Toronto-based gold company transitioning from exploration toward development. The company's shares trade on the TSX Venture Exchange under the symbol RPX and on the OTCQB Markets under the symbol RDEXF.

The company's flagship asset, the Wawa gold project, is located in Northwestern Ontario, in the Michipicoten greenstone belt of Ontario, adjacent to several established gold-producing operations, including those operated by Wesdome Gold Mines Ltd., Alamos Gold Inc. and Hemlo Mining Corp. The Wawa gold project also benefits from strong infrastructure and excess regional mill capacity.

The property currently hosts a National Instrument 43-101-compliant resource from two mineral deposits, namely the Jubilee shear and the Minto mine. The mineral resource includes an indicated mineral resource of 14.7 million tonnes grading 1.8 grams per tonne gold (g/t Au) containing 842,000 ounces of gold and an inferred mineral resource of 16.2 million tonnes grading 1.6 g/t Au containing 843,000 ounces of gold, with both open-pit and underground mining potential. Gold mineralization extends to surface on a historical mining property, which supports a staged development strategy. (Refer to the WSP technical report filed with SEDAR+ on Sept. 30, 2024).

Red Pine is evaluating phase 1 open-pit operations designed to generate early cash flow and help improve the cost of capital and works toward advancement of the Wawa gold project. The company plans to update the mineral resource estimate and complete a preliminary economic assessment in early 2026, with a phased approach aimed at derisking development, accelerating time to revenue and gaining the advantage associated with a producer share-price multiple.

We seek Safe Harbor.