Manitou Gold Announces Board Appointment
SUDBURY, ONTARIO â€" May 12, 2015 â€" Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) announces that Mr. Craig Stanley has been appointed as a Director of the Company with immediate effect.
Mr. Stanley is a mining professional based in Toronto. He was most recently Vice President, Corporate Development of a $300 million market cap gold and silver producer. He has worked both as a buy-side and sell-side mining analyst, including Vice President at a U.S. full-service brokerage and investment banking firm where he focused on precious metals companies. His buy-side experience includes Vice President, Research at a publicly-traded fund with over $450 million in assets focused on small cap mining companies. He was also an analyst at a firm with over $1 billion in mining investments in actively managed mutual funds, exchange-traded closed-end funds and flow-through limited partnerships.
Mr. Stanley holds a Master of Science in Geology from the University of Western Ontario and is a member of the Society of Economic Geologists, the Society for Geology Applied to Mineral Deposits and the Prospectors and Developers Association of Canada.
Manitou also announces that Mr. Robert Scott Heatherington has resigned from the Board of Directors with immediate effect.Â The Company thanks Mr. Heatherington for his contribution.
Further to the Company’s news release dated April 22, 2015, the Company notes that, in addition to President and CEO Richard Murphy’s past executive experience as described in that release, Mr. Murphy also served as President, CEO and a Director of the Company between 2009 and 2012.
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Manitou Gold Inc.
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Forward Looking Statements â€" 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 receipt of applicable shareholder approvals. 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.