On July 6, 2022, Plato Gold Corp. closed the transaction. Certain insiders of the company subscribed, directly or indirectly for an aggregate of 3,000,000 flow-through shares and 2,000,000 hard dollars units.

The transaction included participation from 11 placees including returning investor, Anthony Cohen President and Director of the company subscribed through CEYX Properties Ltd for 1,000,000 shares, V16Oct54 Ltd. subscribed for 1,000,000 shares, James Cohen Director subscribed for 3,000,000 shares, Greg Wong chief financial officer and Secretary subscribed for 1,000,000 shares, and total pro group subscribed for 800,000 shares including 2 placees. The finders have been paid an aggregate cash commission of CAD 3,200, representing a cash commission of up to 8% of the gross proceeds. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange and applicable securities regulatory authorities.