Plato Gold Corp. Announces Up to $150,000 Non-Brokered Critical-Mineral Flow-Through Private Placement
Plato Gold Corp. announced a non-brokered private placement of up to 3,000,000 flow-through common shares at $0.05 per share for aggregate gross proceeds of up to $150,000, with no warrants attached. Proceeds will fund eligible Canadian exploration expenses at the Pic River Platinum Group Metals Project near Marathon, Ontario, to be incurred and renounced on or before December 31, 2026, with closing subject to TSX Venture Exchange acceptance.
Key figures
- Deal Value Usd
- 150000
- Offering Price
- 0.05
- Shares Offered
- 3000000
- Hold period
- four months and one day
- Warrants issued
- No
- Insider options held
- 3500000
- Insider subscription value
- 30000
- Shares outstanding current
- 230665717
- Insider subscription shares
- 600000
- Insider ownership current pct
- 24.77%
- Shares outstanding post offering
- 233665717
- Expenditure renunciation deadline
- December 31, 2026
- Insider ownership post offering pct
- 24.71%
AI analysis
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