Manitou Gold appoints Blair Zaritsky to its Board of Directors

– CANADA, Toronto –  Manitou Gold Inc. (TSX: MTU) today announced the appointment of 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.

Concurrently with the appointment of Mr. Zaritsky, the Company has accepted the resignation of Craig Stanley, who has resigned from the board of directors to pursue other interests.

The Company also announces that 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.

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 CEO and a director of the Company has been appointed as President.

About Blair Zaritsky

Mr. Zaritsky currently serves as the CFO of O3 Mining Inc. and Osisko Mining Inc. 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 have 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 and holds a Bachelor of Arts in Hons. Economics from the University of Western and a Bachelor of Accounting in Hons. from Brock University.

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