Plato Gold Corp.

Plato Gold Corp.

June 05, 2007 08:00 ET

Plato Gold Retains Pro-Edge Consultants to Provide Investor Relations

TORONTO, ONTARIO--(Marketwire - June 5, 2007) - Plato Gold Corp. ("Plato") (TSX VENTURE:PGC) is pleased to announce that it has retained pro-edge consultants inc. ("pro-edge") to provide investor relations services effective June 1, 2007. Pro-edge, an international investor relations (IR) firm representing publicly-listed companies since 2001, will assist with the coordination and implementation of Plato's investor relations program. This will include presentations and introduction of Plato's projects and programs to the investment community, brokers and institutions, as well as the coordination of representation at industry events and conferences.

Pro-edge will receive a fee of $2,500.00 plus applicable taxes on signing and at the beginning of each month for the first three month period and $5,000.00 plus applicable taxes at the beginning of each subsequent month for the balance of the life of the Agreement. Plato will also issue 400,000 options to purchase common shares ("options") of Plato priced at the TSX Venture Exchange price of Plato common shares as at market close as of the date of signing the Agreement. The term of the options shall be two (2) years from date of issue with 25% vesting immediately and 25% every six months thereafter in accordance with Plato's stock option plan.

The investor relations agreement and the grant of options are subject to acceptance by the TSX Venture Exchange.

Anthony Cohen, President and CEO of Plato stated, "Our experienced management team has strategically invested in premium properties located in close proximity to past and current producing gold mines in Ontario and Quebec. As we develop our exploration strategy further, we are looking forward to working with pro-edge while we roll-out our IR program and build on our investment audience."

Pro-edge consultants Managing Partner, Tracy Weslosky added, "Pro-edge is fortunate to hear many of the top exploration stories at the forefront of the market. What sets Plato apart is an understated management team that exudes confidence. Plato is an exploration company with two active gold projects in Ontario and Quebec that we look forward to representing."

About Plato Gold Corp.

Plato Gold Corp. holds a 100% interest in the Guibord, Harker, Holloway and Marriott properties located along the DPFZ in northeastern Ontario and holds an option for 100% interest in the Nordeau East and West properties east of Val d'Or, Quebec, all in proximity to past and current producing gold mines.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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