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Alamos Gold Announces Additional Investment in Manitou Gold Inc.

Alamos Gold Inc. (
TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced the purchase of 15,900,000 common shares (the “Shares ) of Manitou Gold Inc. ( Manitou ), representing approximately 2.5% of the outstanding common shares of Manitou (the “Transaction”), on a partially diluted basis. The Shares are being acquired by Alamos by way of share purchase agreement with a third party at a price of C$0.08 per Share.
Prior to the closing of the Transaction, the Company had beneficial ownership of, or control and direction over 42,311,077 common shares and 4,520,000 warrants of Manitou, or 17.44% of its issued and outstanding common shares on a partially diluted basis (assuming exercise of the warrants). ....

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Manitou Gold Announces Closing of $5,031,000 Private Placement, Strategic Investments by Alamos Gold and O3 Mining

Manitou Gold Announces Closing of $5,031,000 Private Placement, Strategic Investments by Alamos Gold and O3 Mining
leaderpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leaderpost.com Daily Mail and Mail on Sunday newspapers.

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Manitou Gold Announces Private Placement

Company” or “
Offering”) pursuant to which it will issue up to 45,754,545 “flow-through” common shares (“
FT Shares”) at a price of $0.11 per FT Share to raise aggregate gross proceeds of up to $5,033,000.
The Company may also issue such number of broker warrants as is equal to up to 7% of the FT Shares sold in the Offering, to certain eligible registrants assisting in the Offering. Each such broker warrant shall entitle the holder to acquire one common share of the Company at a purchase price of $0.11 per share for a period of three years from the closing of the Offering.
An amount equal to the gross proceeds from the sale of the FT Shares will be used for expenditures which qualify as Canadian exploration expenses (“CEE”) and “flow-through mining expenditures” (within the meaning of the Income Tax Act (Canada)). The Company will renounce such CEE with an effective date of no later than December 31, 2021. ....

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Investorideas.com Newswire - Exploring Mining Podcast Episode 145 - News from (NYSEAmerican: SILV) (TSX: SIL) (TSXV: DEFN) (OTCQB: DFMTF) (TSXV: JG) (NYSE: GOLD) (TSXV: MTU)

Exploring Mining Podcast Episode 145 - News from (NYSEAmerican: SILV) (TSX: SIL) (TSXV: DEFN) (OTCQB: DFMTF) (TSXV: JG) (NYSE: GOLD) (TSXV: MTU) ....

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Manitou Gold Drills Wide Zone of Gold Mineralization at the Baltimore Deformation Zone on its 100% Owned Goudreau Property

News Category Global Banking & Finance Reviews
Manitou Gold Drills Wide Zone of Gold Mineralization at the Baltimore Deformation Zone on its 100% Owned Goudreau Property
Manitou Gold Drills Wide Zone of Gold Mineralization at the Baltimore Deformation Zone on its 100% Owned Goudreau Property
SUDBURY, Ontario, Dec. 16, 2020 Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce initial assay results from its ongoing drill program along the eastern portion of the Baltimore deformation zone (the “BDZ”) on its 100% owned Goudreau Project in Northeastern Ontario. Highlights of drill results are from the Stover occurrence, where the Company has completed 5 drill holes to date. ....

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