Jan 19, 2012

Unigold Inc. Grants Stock Options

Published: January 19, 2012

TORONTO, Ontario, January 19, 2012 - Unigold Inc. ("Unigold") (TSXV:UGD) has granted 75,000 options to an employee providing investor relations services to the Company. These options have been granted pursuant to Unigold's Stock Option Plan, have a term of five years and are exercisable at a price of $0.32 cents per share. The options vest on a quarterly basis over a 12-month term.

About Unigold Inc. -- Discovering Gold in the Caribbean
Unigold is a growth-oriented junior natural resource company, focused primarily on exploring and developing its gold assets in the Dominican Republic -- a country which is highly prospective for gold mineralization.

Mr. Andrew Cheatle, President and CEO: +1 (416) 866-8157
Web site:

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.