Prologic Share Discussion Threads

[stu31] 03/12/2020 01:57

Plato Gold Corp. Announces Update to $400,000 Non-Brokered Private Placement and Extension of Closing
24/11/2020 1:30pm

Plato Gold Corp. (TSX-V: PGC; Frankfurt: 4Y7 or WKN: A0M2QX) (“Plato” or the “Company”;) announces that the non-brokered private placement of up to 8,000,000 units (“Units”) at a price of CAN$0.05 per Unit previously announced on November 3, 2020 (the “Offering̶1;) will no longer include an acceleration clause for the expiry date of the common share purchase warrants. In addition, the Company announces that it is extending the closing date to December 14, 2020.
Each Unit will consist of one (1) common share in the capital stock of Plato (“Common Share”) and one common share purchase warrant (a “Warrant”;). Each Warrant will entitle the holder to purchase one Common Share at a price of CAN$0.10 per Common Share until the date which is thirty-six (36) months following the closing date of the Offering, whereupon the Warrants will expire.

The Corporation intends to use the net proceeds from the Offering to conduct drilling on the company's Holloway gold property, prepare the company's Lolita property in Santa Cruz, Argentina for an upcoming drill program, and general working capital purposes.

Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

[stu31] 05/11/2020 21:53

Plato Gold Corp. Announces $400,000 Non-Brokered Private Placement
03/11/2020 1:30pm

Plato Gold Corp. (TSX-V: PGC; Frankfurt: 4Y7 or WKN: A0M2QX) (“Plato” or the “Company”;) is pleased to announce that it intends to complete a non-brokered private placement of up to 8,000,000 units (“Units”) at a price of CAN$0.05 per Unit for gross proceeds up to $400,000 (the “Offering̶1;). Closing of the Offering is expected to occur on or about November 30, 2020.
Each Unit will consist of one (1) common share in the capital stock of Plato (“Common Share”) and one common share purchase warrant (a “Warrant”;). Each Warrant will entitle the holder to purchase one Common Share at a price of CAN$0.10 per Common Share until the date which is thirty-six (36) months following the closing date of the Offering, whereupon the Warrants will expire. If the weighted average trading price of the Corporation’s common shares on the Corporation’s principal stock exchange closes at a minimum of $0.10 per share for a period of five (5) consecutive trading days, the Corporation may accelerate the expiry date of the Warrants to the date which is 30 days following the date upon which notice of the accelerated expiry date is provided by the Corporation to the holders of the Warrants. The securities issued and issuable pursuant to the Offering will be subject to a four month and one day statutory hold period.

The Corporation intends to use the net proceeds from the Offering to conduct drilling on the company's Holloway gold property, prepare the company's Lolita property in Santa Cruz, Argentina for an upcoming drill program, and general working capital purposes.

Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

[stu31] 14/2/2020 02:16

Plato Gold Announces the Signing of an
Option Agreement with Rudy Wahl for the
Pic River PGM (Platinum Group Metals) Project
Toronto, January 28, 2020 – Plato Gold Corp. (TSX-V: PGC) (“Plato” or the “Company”;), an
exploration company with a portfolio of properties in Northern Ontario and Santa Cruz, Argentina
is pleased to announce the signing of Pic River PGM Option Agreement to acquire 100% interest
in the Pic River PGM Project in Foxtrap Lake and Grain Township, Thunder Bay Mining District,
in Ontario (Figure 1). The acquisition is subject to approval by the TSX Venture Exchange.
"I am very pleased with the acquisition of the Pic River PGM property,” said Anthony J Cohen,
President and CEO of Plato Gold Corp. "With palladium prices well over $2,000 per ounce, and
the contiguous location of these claims to the gabbros of the Generation Mining property, I am
looking forward to a methodical exploration program on this exciting piece of ground located just
outside of Marathon, where we have a lot of good experience in our current operations," added
Cohen. "The infrastructure, Trans-Canada Highway, CP national rail line, Great Lakes ports, hydro
transmission lines, and mining culture of Marathon are second to none."

[stu31] 25/5/2018 20:07

recently raised funds at 5c and drilling for Niobium

[stu31] 17/11/2011 19:17

CEO Interview in the header CEO

[stu31] 17/11/2011 19:12

Plato optionee finishes 900 m of drilling at Guibord

2011-11-17 09:18 ET - News Release

Also News Release (C-SAS) St Andrew Goldfields Ltd (3)


Mr. Anthony Cohen of Plato reports

ST ANDREW GOLDFIELDS LTD. COMPLETES DRILL PROGRAM ON GUIBORD PROPERTY OPTIONED FROM PLATO GOLD

St Andrew Goldfields Ltd. recently completed 900 metres of NQ diamond drilling in two holes on Plato Gold Corp.'s Guibord property east of Matheson, Ont. The property is located approximately 1.0 kilometre along geological strike of the Victory Gold Inc. Gold Pike mine (see Victory Gold news release dated Sept. 14, 2011) and northeast of the producing St Andrew Goldfield's Hislop mine.

"I am pleased to see the recent drill program completed on the Guibord property," said Anthony Cohen, president and chief executive officer. "With our drill program at Nordeau East earlier this year (see Feb. 1, 2011, press release) and St Andrew Goldfield's work on the Holloway and Guibord properties in the Timmins gold camp, we are advancing both programs in Timmins, Ont., and Val d'Or, Que. As well, work is advancing on our Lolita project in Santa Cruz, Argentina, with very encouraging results to date (see Oct. 20, 2011, press release)."

Typically, the Guibord property is underlain by interbedded mafic volcanics, ultramafic volcanics and sedimentary rock, trending southeasterly and dipping 45 degrees to the south. The Guibord property straddles the Destor Porcupine fault zone, and gold mineralization is typically associated with alteration and pyrite in proximity to it.

Drilling completed to date on the Guibord property intersected moderate to strongly altered mafic volcanics with varying amounts of disseminated sulphides. Assay results are pending in the fourth quarter.

[ceohunter] 07/11/2011 11:38

The directors of Plato Gold Corp (TSX-V: PGC), Lydian International (TSX: LYD), Ironclad Mining (ASX: IFE) and African Eagle Resources (AIM: AFE) will be presenting in London on:

Tuesday 15th November 2011

VENUE: Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

The presentations will start at 6:00pm and finish at approx 8:00pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

REGISTER YOUR ATTENDANCE HERE:

[stu31] 30/10/2011 20:42

Plato Gold Announces Closing of
Private Placement for $195,000
Toronto, September 23, 2011 – Plato Gold Corp. (TSX-V: PGC) ("Plato" or the "Company")
an exploration company with a portfolio of properties in significant gold mining camps in
Northern Ontario, Northern Québec, and Santa Cruz, Argentina is pleased to announce that it has
closed its non-brokered private placement (the "Offering") of $195,000, previously announced
on September 14 and September 19, 2011. Pursuant to the Offering, the Company issued
3,900,000 flow-through units for purposes of the Income Tax Act (Canada) (the "Flow-Through
Units") at a price of $0.05 per Flow-Through Units for gross proceeds of $195,000.
Each Flow-Through Unit consists of one common share which qualifies as a "flow through
share" for purposes of the Income Tax Act (Canada) and 1/2 common share purchase warrant.
Each full common share purchase warrant partially comprising the Flow-Through Units is
exercisable to acquire one common share of the Company for a period of eighteen months from
the date of issuance thereof at an exercise price of $0.10 per share.
The proceeds from the sale of the Flow-Through Units will be used by the Company for
exploration work on its properties in the Val d'Or region in Québec.
The Company paid finders' fees in respect of purchases totalling $1,000 cash.
With the completion of the offering, there will be 143,591,655 common shares of the Company
issued and outstanding (222,456,591 common shares on a fully diluted basis).
Closing of the offering is subject to receipt of all required regulatory approvals, including
approval of the TSX Venture Exchange. All of the securities issued pursuant to this offering will
have a hold period expiring 4 months after the closing date.
Mr. Anthony Cohen, President and CEO of Plato Gold, stated "I am very pleased to announce
our current financing as this will enable the company to continue our next stage of exploration
work in Val d'Or, Québec. The company remains focused on our goal to increase the size of our
NI 43-101 compliant resource in Val d'Or, as well as our on going projects in Timmins, Ontario
and in Santa Cruz, Argentina".

[stu31] 30/10/2011 20:30

204.4m shares in issue. 225.9m fully diluted


website:

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

The Good Hope Niobium Project consists of a total of 19 claims, 263 claim units and 4,208 hectares in Killala Lake Area and Cairngorm Lake Area Townships, near Marathon Ontario. In May 2017, Plato signed an option agreement with Rudy Wahl and co-owners to acquire 100% interest in the Good Hope Property.

The Timmins Ontario project includes 4 properties: Guibord, Harker, Holloway and Marriott in the Harker/Holloway gold camp located east of Timmins, Ontario. Plato holds 50% interest in the Guibord property with the remaining 50% held by Osisko Mining Inc. (“Osisko”). Osisko also holds 80% interest in the Harker property with Plato holding the remaining 20%.

In Argentina, Plato owns a 75% interest in Winnipeg Minerals S.A. (“WMSA”), an Argentina incorporated company. The Lolita Property, held by WMSA, is comprised of a number of contiguous mineral rights totaling 9,672 hectares. Work has advanced on this exploration property to the point that it is drill-ready or ready to be optioned to a partner.

The Pic River Platinum Group Metals (PGM) Project consists of a total of 105 claims, consisting of 82 Single Cell Mining Claims and 23 Boundary Cell Mining Claims, and covers an area of approximately 2126 hectares in Foxtrap Lake and Grain Township, Thunder Bay Mining District, in Ontario.

Mapping by Walker et al (1993) indicates the favourable layered gabbro series (the basal portion of the Coldwell Complex) of rocks that host the PGE-Cu-Ni mineralized zone of Generation Mining Inc.’s Sally, Willie, Skipper, Four Dams zones and the Marathon Deposit trend onto the Pic River PGM-Cu-Ni property

[nellie1973] 06/12/2010 11:37

Broker upgrade-BUY

[davydoo] 02/11/2010 11:49

nice jump today, you can even sell at 40.5p, above the mid.

This is the bit that interests me from todays news release about the new ceo;

'Previously Tom Fischer served as Vice President of Northern Europe at retail solutions vendor Retek Inc, joining the business prior to its IPO and overseeing its rapid growth up to its acquisition by Oracle'

As PGC is an Orcale user and partner, I wonder if he's been brought in to try and do the same again.

[magic198] 27/10/2010 12:12

Down line all depends on how well the PL technology fits the development plans of its major existing and potential clients, especially around evolving web site integration, get that right and all future sunshine, otherwise not so good. Hopefully, the new man will ensure that is all OK.

[davydoo] 15/10/2010 18:17

1.6m shares sold late on today.

Thats 16% of the company. but who by? and who to? guess we'll have to wait for the RNS.

81.7% of the shares are held by the directors and other significant shareholders. Only Sam Jackson, current ceo, could sell that much individually.

That doesnt strike me as a good sign, especially after news he is stepping down as ceo.

[davydoo] 13/10/2010 00:00

New ceo announced today, but doesnt seem to have caused any reaction in the share price yet. Will be interesting to see what he can add. As the existing ceo is staying on as cto, youve got to assume another big salary for the co. to cover, which would likely wipeout profits if last years performance was repeated.

Interim results due next, so will be interesting to see any news that followed the period end linked to the new ceo arrival

[davydoo] 02/10/2010 22:11

thanks for your input fillipe

[davydoo] 02/10/2010 10:41

Ive anecdotally noticed both Fat Face and White Stuff opening new stores, or upgrading to larger stores in many towns ive visited recently.

I really hope PGC licences and professional services are benefitting from this growth.

If they were able to add any new sales in the first half aswell it could make for a great set of interim figures.

[davydoo] 17/9/2010 17:54

3 months since i bought in, and no comments, and probably no trades either. Glad this is in my pension and i wont be needing the money for a few years yet.

CCS, A company in a similar space and with a shared board member has done well this week.

[davydoo] 07/6/2010 13:34

Wow no posts for over 2 years.

Market makers are still having a laugh with the spread at 25p-38p this morning, although I was able to buy at 32p. I dont know why they bother.

Unsurprisingly very low volume, im not sure about the lse, but my trade on PLUS was the first since March.

The results out this morning look very encouraging. They seem to have emerged from the downturn in a strong position and with net cash.

I particularly like their client list, with retailers like white stuff and fat face that i think are doing well. I need to research the deals further, as hopefully PGC benefit as store numbers increase.

Also looks like a well established shareholder base, who must all be nursing losses, and no recent dilutions. All good signs for me.

Anybody else still following these?

[tyranosaurus] 11/1/2008 18:01

Does anyone know why the market makers are having a laugh on this one ?

Spread 80p to 98p is daylight robbery.