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Plato Gold Reports on 2018 Year End Results and Grant of Options
TORONTO, April 24, 2019 (GLOBE NEWSWIRE) -- Plato Gold Corp. (TSX-V: PGC) (“Plato” or the “Company”), an exploration company with a portfolio of properties in N
About this update from Plato Gold Corp.
[{"type":"text","content":" TORONTO, April 24, 2019 (GLOBE NEWSWIRE) -- 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 report the twelve and three months financial results for fiscal 2018 and 2017, as summarized below: Year ended Three Months Ended (Audited) (Unaudited) December 31, December 31, December 31, December 31, 2018 2017 2018 2017 Income $ 4,755 $ 2,771 $ 2,080 $ 756 Net Income (Loss) and Comprehensive Income (Loss) $ 60,278 $ (319,546) $ 444,178 $ (120,626) Loss per common share basic and diluted $ - $ - $ - $ - Weighted average number of common shares outstanding basic and diluted 184,129,566 149,678,280 197,499,727 149,678,280 In addition, at the meeting of the board of directors on April 23, 2019, the board in accordance with the company’s stock option plan, approved the grant of options to acquire a total of 5,250,000 common shares of the Company at an exercise price of $0.10 per share to the Company’s directors, officers, employees, and consultants. The stock options are vested on date of the grant and expiring ten years from date of the grant. Prior to the grant of options, the Corporation has 197,499,727 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. For full details, please visit us at www.platogold.com. About Plato Gold Corp. Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange with projects in Marathon Ontario, Timmins Ontario and...