Plato Gold Announces Engagement of Red Cloud Securities

Core Viewpoint - Plato Gold Corp. has engaged Red Cloud Securities to provide liquidity services to enhance the market stability and liquidity of its common shares, subject to regulatory approval [1][2]. Group 1: Company Overview - Plato Gold Corp. is a Canadian exploration company listed on the TSX Venture Exchange, OTC Markets, and Frankfurt Exchange, with projects located in Timmins, Ontario, and Santa Cruz, Argentina [6]. - The company holds a 95% interest in Winnipeg Minerals S.A., which has mineral rights totaling 9,672 hectares in Argentina, with potential for gold and silver [7]. - The Timmins project includes four properties focused on gold, while the Good Hope Niobium Project targets niobium over approximately 6,035 hectares [6][7]. Group 2: Agreement with Red Cloud Securities - Under the agreement, Plato Gold Corp. will pay Red Cloud $5,000 per month in advance, with the engagement being ongoing and terminable by either party with 30 days' notice [2]. - The relationship between Plato and Red Cloud is arm's length, and the agreement aims to maintain market stability and liquidity rather than being a formal market-making agreement [2]. Group 3: Red Cloud Securities Overview - Red Cloud Securities is a registered Investment Dealer and a member of the Canadian Investment Regulatory Organization (CIRO), focusing on providing capital market services to the junior resource sector [4]. - The firm was founded by capital markets professionals and offers a comprehensive platform for small public and private companies [4].