- Plato Gold (PGC) has increased the size of its non-brokered private placement for gross proceeds of up to $350,000
- The offering will now consist of up to 5,100,000 flow-through (FT) shares and up to 1,900,000 hard dollar (HD) units
- Each HD unit will include one common share and one common share purchase warrant
- Eligible finders will be paid a cash commission of up to 8% of the gross proceeds raised
- Proceeds from the sale of the FT shares will be used to pay for assay results from the Good Hope Niobium Project
- Proceeds from the sale of the HD units will be used for general working capital and exploration expenses
- Plato Gold Corp. is a Canadian exploration company
- Plato Gold Corp. (PGC) opened trading at C$0.04 per share
Plato Gold (PGC) has increased the size of its non-brokered private placement for gross proceeds of up to $350,000.
The offering will now consist of up to 5,100,000 flow-through (FT) shares and up to 1,900,000 hard dollar (HD) units.
Each HD unit will include one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of $0.07 for up to two years following the closing date of the offering.
Eligible finders who introduce an investor to the offering will be paid a cash commission of up to 8% of the gross proceeds raised and that number of compensation options
Proceeds from the sale of the FT shares will be used to pay for assay results on over 2,000 meters of drill core from the Good Hope Niobium Project near Marathon, Ontario and to fund other properties in Ontario. Proceeds from the sale of the HD units will be used for general working capital and exploration expenses..
Plato Gold Corp. is a Canadian exploration company with projects in Timmins, Ontario, Marathon, Ontario and Santa Cruz, Argentina.
Plato Gold Corp. (PGC) opened trading at C$0.04 per share.
