The Common Shares were acquired for investment purposes. As announced by the Company on September 9, 2026, Plato Gold is proceeding with a non-brokered private placement of up to 3,000,000 critical mineral flow-through Common Shares at a price of $0.05 per share for aggregate gross proceeds of up to $150,000 (the “Offering”). Mr. Cohen intends to subscribe personally for flow-through Common Shares under the Offering, up to a maximum of 600,000 flow-through Common Shares (approximately $30,000), subject to the terms of the Offering, acceptance of the TSX Venture Exchange and completion of closing. No finder’s fee will be paid in respect of Mr. Cohen’s subscription. If Mr. Cohen subscribed for the maximum of 600,000 flow-through Common Shares and the Offering were fully subscribed, Mr. Cohen would directly and indirectly own and control 57,738,311 Common Shares, representing approximately 24.71% of the 233,665,717 Common Shares then outstanding (approximately 25.82% assuming exercise of his options). Mr. Cohen may in the future take such actions in respect of his holdings as he may deem appropriate in light of the circumstances then existing, including acquiring ownership of or control over additional Common Shares or other securities of the Company, or disposing of all or a portion of his holdings, in the open market or in privately negotiated transactions.





