Jun 26, 2012

Unigold Inc. Grants Stock Options

TORONTO, Ontario, June 26, 2012 - Unigold Inc. ("Unigold") (TSXV:UGD) announces following the Annual General Meeting, Unigold Inc. has granted 4,225,000 options to purchase common shares of the Company to directors, officers, consultants and employees of the Company. The options are exercisable at a price of $0.33 per share and have a term of five years. This grant is made pursuant to the Company's stock option plan which was re-approved at the Annual General Meeting.

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.

For Further Information please visit or contact

Mr. Andrew Cheatle
President & CEO

Amanda Dillon
Investor Relations
416 866 8157

Neither the 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.