Plato Gold Corp.

Plato Gold Corp.

May 23, 2006 23:27 ET

Plato Gold First Quarter Results

TORONTO, ONTARIO--(CCNMatthews - May 23, 2006) - Plato Gold Corp (TSX VENTURE:PGC) is pleased to announce the three months financial results for fiscal 2006 and 2005 as summarized below:

Three Months Ended
March 31, March 31,
2006 2005
Revenue $ 450 $ -
Income (Loss) for the period $ 163,475 $ (16,878)
Income (Loss) per common share
Basic $ 0.01 $ -
Diluted $ 0.01 $ -
Weighted average number of common shares
outstanding during the period
Basic 23,250,351 14,000,000
Diluted 23,250,351 14,000,000

Plato Gold Corp. is a Canadian junior gold exploration company listed on the TSX Venture Exchange. The Company's current focus is on exploration in Northern Ontario which includes four properties (Guibord, Harker, Holloway and Marriott) in what is sometimes referred to as the Harker/Holloway gold camp. Several junior, intermediate and senior companies are active in this camp located east of Timmins, Ontario. Plato Gold Corp. is in the early stage of exploring its project.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Plato Gold Corp.
    Mr. Anthony Cohen
    President and Chief Executive Officer
    (416) 968-0608
    Plato Gold Corp.
    Suite 300, 1300 Bay Street
    Toronto, Ontario M5R 3K8
    (416) 968-0608
    (416) 968-3339 (FAX)