Plato Gold Corp. Retains Investor Relations Agency in Germany

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TORONTO, July 08, 2020 (GLOBE NEWSWIRE) -- Plato Gold Corp. (TSX-V: PGC; Frankfurt: 4Y7 or WKN: A0M2QX) (“Plato” or the “Corporation”) is pleased to announce that it has engaged the services of Hoewler International Investor Relations and Consulting (Inh. Dipl.-Kfm. Maurice Hoewler) in Oyten, Germany for a period of 6 months.

Maurice Hoewler will inform investors in the German speaking area of Central Europe about the group of assets that Plato controls in both the critical metals and precious metals areas and in his role will represent the company in Europe.  Plato is currently waiting for mineralogical and metallurgical test results of core samples from its Good Hope niobium project.  The results in metallurgy will help advance this important project forward in its development. Niobium is one of the U.S. and Canadian government’s strategic and critical metals used in a variety of high technology uses such as EV batteries, quantum computing, and defense applications that make domestic supply critical to protecting our way of life.

Mr. Hoewler lives near Bremen and has founded his Investor Relations agency in May 2009.  He holds a German diploma in business economics from the University of Osnabrueck (Banking and Finance, International Accounting, Economic Policy).  With his Investor Relations agency he has more than 10 years of experience in the resource industry.  From October 2010 to October 2011, Mr. Hoewler was Vice President, Manager of Investor Relations in Europe for the former Lexam VG Gold Inc. Among his clients in Canada are TSX-V and CSE listed exploration and development companies involved in the base and precious metals, as well as strategic metals sectors. Mr. Hoewler maintains a strong base within the investment community in Central Europe.

Maurice Hoewler stated, "It is a great pleasure for me to work with Anthony Cohen and his team at Plato Gold Corp.!  Due to its clear focus on strategic metals, Plato is in my opinion very well positioned to build value for shareholders in the upcoming resource boom within the Industrial Revolution 4.0.  For some years, niobium and Platinum Group Metals (PGMs) are considered as critical raw materials in the European Union.  Both the Good Hope and the Pic River property in Northern Ontario have been discovered by the famous German Canadian prospector Dr. Rudy Wahl.  Within this transition period into a new age, a growing global demand for strategic metals such as niobium and palladium are expected.  At the same time, investors in Europe are confronted with a challenging market environment.  The hyper-expansive monetary policy of the ECB has resulted in negative real interest rates in Germany.  The gigantic fiscal stimulus programs which were announced by governments could lead to rising debt/GDP ratios in some European countries.  In human history there is no blueprint for this ongoing excessive money injection into financial markets and the global economy and one known negative side-effect of such a treatment is the incurrence of price bubbles.  Against the backdrop of these developments, I think the junior mining industry is perhaps the only remaining undervalued asset class on this planet.  Plato Gold is a fascinating company focused on strategic metals which will play a key role in the future revolution in essential technologies!"