Qualifying Transaction Completed

Tuesday, May 31, 2005

Plato Gold Corp. (formerly Shatheena Capital Corp.) (TSX Venture Exchange: PGC) (“Plato” or the “Corporation”) is pleased to announce that it has completed its previously announced acquisition of all of the outstanding shares of Plato Gold Corp. (“Old Plato”), a private Ontario based junior mining company, as its Qualifying Transaction under TSX Venture Exchange (the “Exchange”) Policy 2.4. Shatheena and Old Plato have completed an amalgamation and will carry on business as Plato Gold Corp.

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