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Off-market insider buying at Plato Gold (V:PGC)

Updated Friday Jul 08, 2022 02:02 AM EDT

James Eduard Cohen, a Director, acquired 3,000,000 Common Shares on a direct ownership basis at a price of $0.050 through a prospectus or prospectus exempt offering on July 6th, 2022. This represents a $150,000 investment into the company's shares and an account share holdings change of greater than 100%.

Another insider also reported acquiring stock and warrants in a smaller amount.

Plato Gold is in the Gold Sub Industry Group under the Basic Materials Sector.

Plato Gold Corp. is a Canada-based exploration company. The Company is focused on prospective properties in mining districts worldwide, including Marathon and Timmins Ontario, and Santa Cruz, Argentina. Its projects include Good Hope Niobium Project, Pic River Platinum Group Metals (PGM) Project, Lolita Project and Timmins Gold Project. Its Good Hope Niobium Project consisting of a total of approximately 254 claims, 227 single cell mining claims and 27 Boundary cell mining claims, and covers an area of approximately 5,146 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon Ontario. Its PGM Project consists of a total of 111 Single Cell Mining Claims and covers an area of approximately 2,247 hectares in Foxtrap Lake and Grain Township, near Marathon Ontario. Its Lolita Project is located in Santa Cruz, Argentina, which consists of various contiguous mineral rights totaling approximately 9,672 hectares in Southern Argentina. Plato Gold Corp. (PGC) has a high amount of executive buying compared to its micro-cap peers in the market over the past three months. According to regulatory filings yesterday, two insiders have invested a total amount of $200,000.

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