Unigold Inc.

Unigold announces that the Company intends to extend the expiry dates of a total of 16,629,167 share purchase warrants, by six months to December 23, 2022. The Warrants were issued pursuant to a private placement which closed on June 23, 2020 and are currently set to expire on June 23, 2022. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all [...]

The Exploitation Concession Application review by the Directorate of Mines in the Dominican Republic has been completed and the application has moved to the next stage with no comments received to date Final assays from oxide delineation drilling have been received and are being incorporated into a new Mineral Resource Estimate and mine plan Geotechnical work to support the Heap Leach Facility design is ongoing Field work [...]

Application for a 9,990 ha Exploitation Licence encompassing the known gold deposits at Candelones has been submitted and accepted as complete Results from Run-of-Mine column tests demonstrate recoveries of 95% after 90 days, exceeding PEA assumptions. Column test results indicate potential to reduce reagent costs. Results received to date for Q4/2021 oxide drilling confirm modeled grades. Over 92% of the oxide holes [...]

Application for Exploitation License expected in Q1/2022 Initiation of feasibility work underway Initiation of Environmental and Social Impact Assessment is pending final approval of the Terms of Reference; baseline studies continue Drilling to convert Inferred Oxide Resources to the Measured & Indicated Category is substantially complete with assay results anticipated in Q1/2022; Corporate Social Responsibility programs [...]

Unigold Inc. is pleased to announce the appointment of Gordon Babcock, P.Eng. as Chief Operating Officer . Mr. Babcock will be responsible for supervising all engineering and technical activities of Unigold Inc. and it's operating subsidiaries as Unigold moves towards development of its Candelones Project. Mr. Wes Hanson, the current COO of the Company, will assume the role of Vice-President of Exploration and continue to [...]

Unigold Inc. is pleased to announce that it has closed its previously announced private placement of 18,000,000 units of the Company at a price of $0.13 per Unit for gross proceeds of C$2,340,000 . Each Unit consists of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.15 until February [...]

Unigold Inc. is pleased to announce a non-brokered private placement of up to 18,000,000 units of the Company at a price of $0.13 per Unit for gross proceeds of up to $2,340,000 . Each Unit will consist of one common share of the Company and one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.15 until the date that is four months and a [...]

Exploration drilling has identified the continuation of the Candelones Extension deposit to the west of the known mineral resource LP21-204 intersected 16.0 metres averaging 10.78 g/t Au, 68.9 g/t Ag, 0.24% Cu, and 2.35% Zn within a 97.0 metre interval averaging 2.52 g/t Au, 12.1 g/t Ag, 0.12% Cu, and 0.63% Zn All assays within the 16 metre interval returned between 2.7 g/t gold and 22.1 g/t gold LP21-206, 50 metres below [...]

Phoenix Gold Fund Limited of Kuala Lumpur, Malaysia, announces it has acquired an aggregate of 11,500,000 common shares at an average price of $0.13 and 5,750,000 common share purchase warrants of Unigold Inc. on August 10, 2021 pursuant to a non-brokered private placement . Phoenix acquired the common shares at a price of C$0.13 per share for a total purchase price of C$1,495,000. The Issuer's office is located at One [...]

Unigold Inc. is pleased to announce that it has closed its previously announced private placement of 25,192,350 units of the Company at a price of $0.13 per Unit for gross proceeds of approximately C$3,275,005 . Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise [...]