Manitou Gold Inc. is pleased to announce the closing of a brokered private placement of 40,000,000 flow-through shares of the Company at a price of $0.05 per FT share, and 20,000,000 units of the Company at a price of $0.05 per Unit for aggregate gross proceeds of $3,000,000. Each Unit is comprised of one common share and one common share purchase warrant, with each warrant being exercisable at a price of $0.05 into
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