Plato Gold posts June 30, 2026 half-year profit as Timmins write-down reversal lifts results

• For the six months ended June 30, 2026, net income was CAD 1.96 million, swinging from a CAD 1.19 million loss a year earlier.
• Results were driven by CAD 1.38 million of mineral property write-down reversals tied to the Mayfair asset sale agreement.
• A CAD 1.05 million gain on selling Guibord, Marriott, Holloway interests lifted earnings; total cash proceeds were CAD 2.5 million.
• Expenses rose to CAD 485,033, led by a one-time CAD 250,000 amount payable to a former CFO, higher professional fees.
• Cash ended at CAD 91,996; Enbridge shares were bought for CAD 2 million, leaving a CAD 3.28 million working capital deficit.

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