Manitou Gold Inc.

Manitou Gold Inc.

MNTUF
Manitou Gold Inc.US flagOther OTC
0.04
USD
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- -
15.46MMarket Cap
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
CEO
Richard Murphy P.
Sector
Basic Materials
Industry
Gold
Address
The Canadian Venture Building Toronto ON Canada M5C 1P1
IPO Date
Mar 10, 2011
Business
Manitou Gold Inc. Manitou Gold Inc. (MNTUF) is a Canada-based mineral exploration company focused on the identification, acquisition, exploration, and development of gold properties in Northwestern Ontario; its principal assets include the Goudreau properties encompassing approximately 22,500 hectares on the Michipicoten Archean Greenstone Belt, the Dryden project in the Boyer Lake Area south of Dryden, the Canamerica property spanning Boyer Lake, Turtlepond Lake, and Harper Lake areas, the Sherridon property in the Mang Lake, Lower Manitou Lake, and Meggisi Lake areas, and an approximately 148 square kilometer land package in the Gold Rock District near Dryden. The company targets high-prospective gold occurrences within deformation zones such as Goudreau Lake, Cradle Lake-Emily Bay, Loch Lomond, Missinaibi, Baltimore, Easy Lake, and Renabie, operating primarily in the Kenora district and Michipicoten Greenstone Belt between the Island Gold Mine and the past-producing Renabie Gold Mine. Founded prior to 2015 with headquarters at 200-82 Richmond Street East, Toronto, Ontario, Manitou Gold underwent a significant strategic change in 2023 through its acquisition by Alamos Gold Inc., consolidating its shares and tripling Alamos' regional land package around the Island Gold Mine to over 55,000 hectares for enhanced exploration across the underexplored belt, with the transaction completed via a plan of arrangement valued at approximately C$14 million excluding Alamos' prior 19% ownership.

Company News

APIChatGPT
  • Manitou Gold to sell its Dryden properties in Ontario to Dryden Gold

  • Manitou Gold hits high grade gold with two step-out holes at recently discovered Bald Eagle gold zone at Goudreau

  • Manitou Gold identifies the new Bald Eagle Gold Zone on its Goudreau project in Ontario