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CEO and officer buying at Manitou Gold (V:MTU)

Updated Tuesday Mar 05, 2019 01:57 AM EDT

Richard Murphy, CEO and Director, acquired 2,500,000 Common Shares on a direct ownership basis at a price of $0.080 through a prospectus or prospectus exempt offering on March 1st, 2019. The insider also acquired 1,250,000 Warrants with an exercise price of $0.150 for 3 years. This represents a $200,000 investment into the company's shares and an account share holdings change of greater than 100%.

In addition, Patrice Simon Dubreuil, a Senior Officer, acquired 1,250,000 and 625,000 Warrants on a direct ownership. This represents a $100,000 investment into the company's shares and an account share holdings change of 61.5%.

Manitou Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Manitou Gold Inc. is a Canada-based exploration-stage company. The Company is engaged the acquisition, exploration and development of mineral property interests located in the Gold Rock District of Northwestern Ontario. The Company is also engaged in mineral exploration in Canada. The Company's mineral assets include interests in the Kenwest property, located in Kenora Mining Division, Ontario, and it has interest in the Gaffney property, located in Kenora Mining Division, Ontario. The Company also holds claims for other properties located in Kenora Mining Division. The Kenwest Property consists of leased private lands consisting of over 1,500 acres. Kenwest is adjacent to an approximately 11,000 acres of the mining claims that make up the Company's Canamerica property. The Gaffney property consists of over 435 acres of owned and leased lands, as well as an additional approximately 11,400 acres of mining claims.

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Go to Manitou Gold Inc. (MTU)'s company page

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