Manitou Gold Inc. Announces Board and Management Appointments
January 30 2020 - 7:00AM
Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is
pleased to announce that it has appointed Mr. Blair Zaritsky as a
director of the Company effective today. Mr. Zaritsky is a
Chartered Professional Accountant with more than 15 years of
professional experience, principally in the mining
sector.
Mr. Zaritsky currently serves as the Chief
Financial Officer of O3 Mining Inc. and Osisko Mining
Inc. (“Osisko”) and also serves as a director of Talisker
Resources Inc. and formerly served as a director of Barkerville
Gold Mines Ltd. In August 2015, he was a key part of the
successful merger of four companies that helped obtain the flagship
Windfall Lake assets that has significantly grown Osisko to over
$1-billion market capitalization. Mr. Zaritsky is currently a
member of the CPA Canada-PDAC IFRS committee that produces
Viewpoints on IFRS accounting issues for the mining industry. He
received his C.A. designation in 2003 with Collins Barrow LLP (now
RSM Richter Inc.) and holds a Bachelor of Arts, (Hons.) Economics
from the University of Western and a Bachelor of Accounting,
(Hons.) from Brock University.
Concurrently with the appointment of Mr. Zaritsky,
the Company has accepted the resignation of Mr. Craig Stanley, who
has resigned from the board of directors to pursue other
interests. The Company wishes to thank Mr. Stanley for his
contributions to Manitou and wishes him well in his future
endeavours.
The Company also announces that Mr. Donato Sferra
has been appointed as Vice President Corporate Development of the
Company. Mr. Sferra is a Managing Partner of Hillcrest
Merchant Partners and has an extensive background in the financial
services industry spanning approximately 20 years. Mr. Sferra
began his financial career as an equity research analyst at TD
Securities, specializing in auto parts, industrials, solar and
automation. He then spent two years as Vice President of
Investments at Pinetree Capital Ltd., a small-cap focused firm and
an angel investor in the mining, energy and tech investments
sectors before moving to Macquarie Group to serve as the firm’s
Director of Institutional Sales, with a particular emphasis on
mining. Mr. Sferra spent five years at Dundee Capital
Markets, first as Director of Institutional Sales, then as Co-Head
of Investment Banking, running the mining, cannabis, technology,
gaming and specialty pharmaceutical practices. Mr. Sferra has
extensive merger experience across the aforementioned sectors and
was intimately involved as an advisor in the merger of the four
public companies in what was the restart of Osisko.
The Company has also accepted the resignation of
Pat Dubreuil as President of the Company. Mr. Dubreuil has
been appointed as Vice President Community and First Nations
Engagement. Mr. Richard Murphy, the current Chief Executive
Officer and a director of the Company, has been appointed as
President.
For further information on Manitou Gold Inc.
contact: Richard Murphy, CEO Telephone: 1 (705) 698-1962
Email: info@manitougold.com
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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 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
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