Plato Gold Reports on 2020 Year-End Results and Grant of Options

In addition, at the meeting of the board of directors on April 22, 2021, the board in accordance with the company’s stock option plan, approved the grant of options to acquire a total of 5,100,000 common shares of the Company at an exercise price of $0.05 per share to the Company’s directors, officers, employees, and consultants. The stock options are vested on the date of the grant and expire ten years from the date of the grant. Prior to the grant of options, the Corporation has 209,369,717 shares outstanding.

 

These options have been granted in accordance with the Company’s stock option plan and are subject to acceptance by the TSX Venture Exchange.

 

About Plato Gold Corp.

 

Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange and Frankfurt Exchange with projects in Timmins Ontario, Marathon Ontario, and Santa Cruz, Argentina.

The Timmins Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario with a focus on gold.

In Argentina, Plato owns a 95% interest in Winnipeg Minerals S.A. (“WMSA”), an Argentina incorporated company that holds a number of contiguous mineral rights totalling 9,672 hectares with potential for gold and silver.

The Good Hope Niobium Project consists of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon Ontario with the primary target being niobium.

The Pic River Platinum Group Metals (PGM) Project consists of 2,247 hectares in Foxtrap Lake and Grain Township, near Marathon Ontario of which 19 claims are contiguous to the western boundary of Generation Mining’s Marathon PGM project where their Sally deposit is located, for palladium equivalent.