News

Mar 12, 2013

Unigold Strengthens Executive Team

Toronto, Ontario, March 12, 2013 - Unigold Inc. ("Unigold" or the "Company") (TSX-V: UGD) is pleased to announce Wes Hanson, P.Geo., has joined the Company as Chief Operating Officer and Technical Director. Mr. Hanson is a Professional Geologist with over 30 years' experience devoted towards the exploration and development of both precious metals and base metals deposits.

Mr. Hanson's experience includes regional exploration, resource definition drilling and resource estimation, engineering design and cost estimation (first principles), mine and plant site development supervision, surface and underground mine, mill and maintenance supervision and executive management. Mr. Hanson brings technical, operational and corporate management experience to the Company and will be instrumental our initial NI 43-101 compliant mineral resource and focusing on advancing metallurgical studies and exploration to make new discoveries at Neita.

"We are delighted that Wes has joined Unigold," commented Andrew Cheatle, President and CEO. "He brings with him extensive technical and operational experience in the management of exploration. Wes will play an important role in advancing our exploration, definition and development activities as Unigold grows the value of our exploration assets. He will be focused on delivering our initial NI 43-101 compliant mineral resource and successfully establishing a strong project pipeline from the many areas of gold, copper and zinc anomalies identified over the entire 22,600 Ha Neita property."

Unigold also announces that it has received and accepted the resignation of Dr. Talal A. Al-Shair from the Board of Directors, effective March 12, 2013. Mr. Joe Hamilton, Chairman of Unigold, said, "On behalf of the Board of Directors and Executive Management, I would like to thank Dr. Talal Al-Shair for his valuable service and contribution over the past seven years as a director of the Company."

About Unigold Inc. - Discovering Gold in the Caribbean
Unigold is a Canadian based mineral exploration company traded on the TSX Venture Exchange under the symbol UGD, focused primarily on exploring and developing its gold assets in the Dominican Republic.

For Further Information please visit www.unigoldinc.com or contact

Mr. Andrew M. Cheatle, P.Geo.
President & CEO
acheatle@unigoldinc.com

Ms. Amanda Dillon
Investor Relations
adillon@unigoldinc.com
416.866.8157

Forward-looking Statements
Certain statements contained in this document, including statements regarding events and financial trends that may affect our future operating results, financial position and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These statements are based on our assumptions and estimates and are subject to risk and uncertainties. You can identify these forward-looking statements by the use of words like "strategy", "expects", "plans", "believes", "will", "estimates", "intends", "projects", "goals", "targets", and other words of similar meaning. You can also identify them by the fact that they do not relate strictly to historical or current facts. We wish to caution you that such statements contained are just predictions or opinions and that actual events or results may differ materially. The forward-looking statements contained in this document are made as of the date hereof and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ materially from those projected in the forward-looking statements. Where applicable, we claim the protection of the safe harbour for forward-looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995.

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.