Plato Gold Corp. completes critical mineral flow-through private placement

Plato Gold Corp. completed a non-brokered critical-mineral flow-through private placement. The offering closed on September 29, 2026, resulting in the issuance of 1,100,000 flow-through common shares at $0.05 per share, raising total gross proceeds of $55,000. The company intends to use these proceeds to fund eligible Canadian exploration expenses for its Pic River Platinum Group Metals Project near Marathon, Ontario, by December 31, 2026.

The capital raised is designated to fund exploration expenses qualifying as flow-through critical mineral mining expenditures under the Income Tax Act of Canada. The shares issued are subject to a statutory hold period, meaning they cannot be traded until January 30, 2027.