TransactionsManitou Gold Inc. Completes $10 Million Private PlacementPublished: 05/27/2011 By Jennifer Campbell, Jay Goldman Manitou Gold Inc. announced on March 29, 2011 that it has completed its previously announced fully marketed private placement of 6,400,000 flow-through shares and 11,800,000 units at a price of $0.55 per flow-through share and $0.55 per unit for aggregate gross proceeds of $10,010,000, which includes the exercise of the over-allotment option. The Offering was completed by a syndicate of agents led by Canaccord Genuity Corp. and included PowerOne Capital Markets Inc. Cassels Brock represented Manitou Gold with a team consisting of Jay Goldman (Securities) and Jennifer Campbell (Securities). |