Plato Gold Reports On 2013 Year End Results
24 4월 2014 - 8:01PM
Marketwired
Plato Gold Reports On 2013 Year End Results
TORONTO, ONTARIO--(Marketwired - Apr 24, 2014) - Plato Gold
Corp. (TSX-VENTURE:PGC) ("Plato" or the "Company"), an exploration
company with a portfolio of properties in significant gold mining
camps in Santa Cruz, Argentina and Northern Ontario is pleased to
report the three and twelve months financial results for fiscal
2013 and 2012, as summarized below:
|
Three Months
Ended (Unaudited) |
Year
Ended (Audited) |
|
December 31, 2013 |
December 31, 2012 |
December 31, 2013 |
December 31, 2012 |
|
|
|
|
|
|
|
|
|
Income |
$ |
512 |
$ |
415 |
$ |
2,461 |
$ |
1,378 |
Net Loss and Comprehensive Loss |
$ |
146,923 |
$ |
3,460,799 |
$ |
743,705 |
$ |
3,735,370 |
Net Loss and Comprehensive Loss per common share |
|
|
|
|
|
|
|
|
|
Basic |
$ |
- |
$ |
0.03 |
$ |
- |
$ |
0.03 |
|
Diluted |
$ |
- |
$ |
0.03 |
$ |
- |
$ |
0.03 |
Weighted average number of common shares outstanding
during the period |
|
|
|
|
|
|
|
|
|
Basic |
|
143,591,655 |
|
143,591,655 |
|
143,591,655 |
|
143,591,655 |
|
Diluted |
|
143,591,655 |
|
143,591,655 |
|
143,591,655 |
|
143,591,655 |
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 Santa Cruz, Argentina and
Timmins, Ontario.
In Argentina, Plato owns a 75% interest in Winnipeg Minerals
S.A., an Argentina incorporated company. The Lolita Property is
comprised of a number of contiguous mineral rights totaling 27,857
hectares are held by Winnipeg Minerals S.A. Work has advanced on
this exploration property to the point that it is drill-ready or
ready to be optioned to a partner.
The Northern Ontario project includes 4 properties: Guibord,
Harker, Holloway and Marriott in the Harker/Holloway gold camp
located east of Timmins, Ontario. In November 2010, Plato signed an
agreement granting St Andrew Goldfields Ltd. the option to earn a
75% interest in the above properties. Currently the Holloway and
Marriott properties remain in good standing. In July 2012, Plato
sold a 50% interest in the Guibord property to Victory Gold Mines
Inc. who amalgamated with Northern Gold Mining Inc. on February 6,
2013. In February 2013, Plato sold an 80% interest in the Harker
property to Northern Gold Mining Inc.
For additional company information, please visit:
www.platogold.com.
NEITHER THE
TSX-VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS
DEFINED IN THE POLICIES OF THE TSX-VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.
Forward-Looking Statements
This news release contains "forward-looking statements",
within the meaning of applicable securities laws. These statements
include, but are not limited to, statements regarding the,potential
mineralization and resources, exploration results, and future plans
and objectives. Generally, these forward-looking statements can be
identified by the use of forward-looking terminology such as
"plans", "expects" or "does not expect", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates" or
"does not anticipate", or "believes", or variations of such words
and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be
achieved". Forward-looking statements are based on the opinions and
estimates of management as of the date such statements are made,
and they are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, use of proceeds,
level of activity, performance or achievements of Plato to be
materially different from those expressed or implied by such
forward-looking statements, including but not limited to risks
related to: risks related to exploration; actual resource
viability, and other risks of the mining industry . Although
management of Plato has attempted to identify important factors
that could cause actual results to differ materially from those
contained in forward-looking statements, there may be other factors
that cause results not to be as anticipated, estimated or intended.
There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward-looking
statements. The Company does not undertake to update any
forward-looking statements that are incorporated by reference
herein, whether as a result of new information, future events or
otherwise, except in accordance with applicable securities
laws.
Plato Gold Corp.Anthony CohenPresident and
CEO416-968-0608416-968-3339info@platogold.comwww.platogold.com
Plato Gold (TSXV:PGC)
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