News Release
Manitou Gold Inc. To Trade On TSX Venture Exchange
MANITOU GOLD INC. ("MTU")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: March 5, 2010
TSX Venture Tier 2 Company
The Company's Initial Public Offering ('IPO') Prospectus dated February 16, 2010, has been filed with and accepted by TSX Venture Exchange, and filed in Ontario, British Columbia, Alberta, Saskatchewan and Manitoba, and receipted by the securities regulator in each of these jurisdictions, pursuant to the provisions of the securities legislations in each of these jurisdictions.
The gross proceeds received by the Company for the Offering were $2,000,000 (8,000,000 units at $0.25 per unit). Each unit consists of one common share and one-half of one share purchase warrant of the Company. Each warrant will entitle the holder to acquire one common share at a price of $0.40 until March 4, 2013. The Company is classified as a 'Mineral Exploration/Development' company.
Commence Date: At the opening Monday, March 8, 2010, the common shares will commence trading on TSX Venture Exchange.
Corporate Jurisdiction: Ontario
Capitalization: Unlimited number of common shares with no par value of which 21,809,803 common shares are issued and outstanding.
Escrowed Shares: 5,721,470 common shares
Transfer Agent: Equity Transfer & Trust Company
Trading Symbol: MTU
CUSIP Number: 563508 10 0
Agent: Canaccord Financial Ltd.
Agent's Warrants: 900,000 non-transferable share purchase warrants. One warrant to purchase one share at $0.40 per share up to March 4, 2013.
For further information, please refer to the Company's Prospectus dated February 16, 2010.
Company Contact: Guy Mahaffy, Chief Financial Officer
Company Address: 101-957 Cambrian Heights Drive, Sudbury, Ontario P3C 5S5
Company Phone Number: (705) 222-8800
Company Fax Number: (705) 222-8801
Company Email Address: info@manitougold.com
