Robert Disbrown Aquires Shares - Market News PublishingRobert Disbrown Aquires Shares - Market News Publishing 02-Nov-2018 22:50:42 PLATEAU ENERGY METALS INC PLATEAU ENERGY METALS INC ("PLU-V;PLUUF-0") - Robert Disbrown Aquires Shares This press release is issued pursuant to National Instrument 62-104 Take-Over Bids and Issuer Bids and National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Robert Disbrow of 700, 200 Burrard Street, Vancouver, British Columbia, acquired on November 1, 2018, under a private placement offering by Plateau Energy Metals Inc. (the "Issuer") of 141 Adelaide Street West, Suite 340, Toronto, Ontario M5H 3L5, ownership of 170,000 Units in the capital of the Issuer and exercise of control or direction over 450,000 Units in the capital of the Issuer, being an aggregate of 620,000 common shares representing approximately 0.8% of the Issuer's issued common shares following completion of the offering, and share purchase warrants entitling the purchase of an aggregate 325,189 common shares; or, assuming exercise of the warrants, a total of 945,189 common shares or approximately 1.23% of the Issuer's issued and outstanding common shares on a post-conversion beneficial ownership basis. Each Unit consists of one common share in the capital of the Issuer and one-half of one common share purchase warrant, each whole warrant entitling the holder to purchase one additional common share at a price of $1.25 per share for a period of 18 months from the closing of the offering. Immediately before the private placement acquisition, Mr. Disbrow owned 4,200,390 common shares of the Issuer and exercised control or direction over an aggregate 6,025,663 common shares of the Issuer for a total of 10,226,053 common shares representing approximately 14.28% of the Issuer's issued and outstanding common shares. The acquiror also owned warrants entitling the purchase of 7,695 common shares of the Issuer and exercised control or direction over warrants entitling the purchase of an aggregate 526,668 common shares of the Issuer for a total of 534,363 common shares of the Issuer; or, assuming exercise of the warrants, the acquiror owned and exercised control or direction over a total of 10,760,416 common shares or approximately 14.91% of the Issuer's common shares on a post- conversion beneficial ownership basis. Immediately after the private placement acquisition and as of the date of this release, Mr. Disbrow owns 4,370,390 common shares of the Issuer and exercises control or direction over an aggregate 6,475,663 for a total of 10,846,053 common shares of the Issuer representing approximately 14.15% of the Issuer's then issued and outstanding common shares. The acquiror also owns warrants entitling the purchase of 107,884 common shares of the Issuer and exercises control or direction over warrants entitling the purchase of an aggregate 751,668 common shares of the Issuer for a total of 859,552 common shares of the Issuer; or, assuming exercise of the warrants, the acquiror owns and exercises control or direction over a total of 11,705,605 common shares or approximately 15.1% of the Issuer's common shares on a post-conversion beneficial ownership basis. The securities acquired were issued from the Issuer's treasury for cash subscriptions at a per share price of $0.95 for total cash consideration of $589,000. The acquisitions were made for investment purposes by Mr. Disbrow, and by Mr. Disbrow for investment purposes on behalf of beneficial owners through discretionary accounts over which he exercises control or direction. These investments will be evaluated and the investments increased or decreased as circumstances warrant. Mr. Disbrow has no immediate future intention to acquire additional securities or exercise of control or direction over additional securities of the Issuer or to dispose of securities of the Issuer that he owns or over which he exercises exercise of control or direction. Mr. Disbrow may, in the future, exercise warrants and, thus, acquire additional common shares in the capital of the Issuer.