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Manitou Gold Inc. Applies to Extend Term of Warrants
Published : March 04, 2013
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TORONTO, ONTARIO--(Marketwire - March 4, 2013) -

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

Manitou Gold Inc. (News - Market indicators) ("Manitou") announces that it will make an application to the TSX Venture Exchange (the "TSXV") to extend the term of its Series 2011-I warrants for an additional year. An aggregate of 5,900,000 Series 2011-I warrants were originally issued on March 29, 2011 (the "First Tranche Warrants") and are exercisable at $0.70 per share March 29, 2013, and an aggregate of 227,039 Series 2011-I warrants (the "Second Tranche Warrants") were originally issued on April 18, 2011 and are exercisable at $0.70 per share April 18, 2013, each subject to acceleration in certain circumstances as specified therein (the "Acceleration Provisions"). Manitou is applying to extend the term of the First Tranche Warrants to March 29, 2014, and the term of the Second Tranche Warrants to April 18, 2014, each subject to the Acceleration Provisions. The exercise price for the warrants will remain the same.

The warrant amendments have been approved by the board of directors of Manitou. The warrant amendments remain subject to TSXV approval. 

Forward Looking Statements - Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Manitou, including, but not limited to the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, the availability of financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Manitou Gold Inc.
Todd Keast
President and Chief Executive Officer
705-222-8800
705-222-8801 (FAX)
info@manitougold.com

Manitou Gold Inc.

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CODE : MTU.V
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Manitou is a gold exploration company based in Canada.

Its main exploration properties are SHERRIDON, CANAMERICA, HIGBEE and KENWEST in Canada.

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Financings of Manitou Gold Inc.
9/18/2012Completes Private Placement With Robert McEwen
Project news of Manitou Gold Inc.
5/10/2011(Higbee)Commences Diamond Drill Program on Higbee Gold Project
2/28/2011(Kenwest)Intersects 53.7 Kilograms Gold Per Tonne Over 0.55 Metres
Corporate news of Manitou Gold Inc.
4/24/2015Manitou Gold Announces Management and Board Changes
4/22/2015Manitou Gold Announces Management and Board Changes
2/2/2015Manitou Gold Announces Board and Management Changes
1/7/2015Manitou Gold Announces Board and Management Changes
11/14/2014Manitou Gold Announces Board and Management Changes
10/27/2014MANITOU GOLD INC. Prospecting Results and Exploration Update
9/12/2014Manitou Gold Inc. Samples 40.9 g/t Au on Gaffney Patents
8/7/2014Manitou Gold Inc. Begins Exploration on the Highly Prospecti...
4/25/2014Manitou Gold Inc. Releases Elora Diamond Drill Results
10/23/2013Announces Share Issuance
10/1/2013Announces Acquisition of Gaffney Property
8/8/2013Exploration Update
5/16/2013Adopts Advance Notice By-Law
5/9/2013Releases Elora Property Diamond Drill Results
11/1/2012Extends Gaffney Extension Mineralization 100 Metres Down Plu...
10/17/2012Announces Launch of New Website
9/13/2012Intersects 9.5m of 4.0 g/t Au on Gaffney Extension
7/11/2011Closes Harper Lake Property Acquisition
6/23/2011Commences Gaffney Extension Drill Program
6/20/2011Acquires New Exploration Target
6/2/2011Adds Exploration Properties; Provides Exploration Update
4/20/2011(Canamerica)Intersects 12.6 g/t Au Over 4.0 m at Canamerica Project; Ann...
4/15/2011Intersects 10.3 g/t Gold Over 6.0 Metres
3/29/2011Completes $10 Million Private Placement
3/16/2011Announces $7 Million Private Placement
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