Mar 28, 2013

Unigold Inc. Grants Stock Options

TORONTO, Ontario, March 28, 2013 - Unigold Inc. ("Unigold") (TSXV:UGD) announces in connection with the appointment of Mr. Wes Hanson as the Company's Chief Operating Officer and Technical Director (Press Release No. 07 March 12, 2013) Unigold has granted Mr. Hanson 750,000 options at a price of $0.28 per share and a term of five years. 375,000 of the stock options vest immediately, the balance after one year. This grant is made pursuant to the Company's stock option plan.

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.

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Mr. Andrew M. Cheatle, P.Geo.
President & CEO

Ms. Amanda Dillon
Investor Relations