Unigold - Press Releases & News

Unigold Grants Stock Options

2011-11-08 00:00:00

TORONTO, Ontario, November 18, 2011: Unigold Inc. (TSXV: UGD) (the "Company") would like to announce that it has granted incentive stock options for the purchase of up to 4,300,000 common shares, at a price of $0.11 per share, to certain directors, employees and consultants of the Company. The stock options are exercisable on or before November 17, 2016. This grant is made pursuant to the Company's stock option plan.

Unigold Closes First Tranche of Non-Brokered Private Placement Financing

2011-11-07 00:00:00

TORONTO, Ontario, November 17, 2011: Unigold Inc. (TSXV: UGD) (the "Company") is pleased to announce the closing of the first tranche of its previously announced non-brokered private placement. The Company issued 20,800,000 units of the Company (the "Units") at a price of $0.10 per Unit for aggregate gross proceeds of $2,080,000 (the "First Offering").

PHASE 1 OF IP SURVEY COMPLETED AND DRILLING STARTED ON NEW TARGETS

2011-11-02 00:00:00

Toronto, Ontario, November 2, 2011 – Unigold Inc. (UGD-TSX.V) is pleased to announce that the first phase of its IP survey has been completed. New targets have been identified which are located along strike from existing known gold mineralization, established by previous geochemical indicators and drilling. Based upon the promising results from the geophysical survey, and the potential to significantly expand the area of known gold mineralization the Board of Directors has authorized additional work. Diamond drilling has now resumed to test the new targets identified.

UNIGOLD ANNOUNCES PRIVATE PLACEMENT FINANCING

2011-10-14 00:00:00

Toronto, Ontario, October 14, 2011 – Unigold Inc. (UGD-TSX.V) is pleased to announce a proposed non-brokered private placement of up to 25,000,000 units of securities at $0.10 per unit (each, a “Unit”) for gross proceeds of up to $2,500,000 (the “Offering”). Each Unit comprises one common share of the Corporation (“Common Share”) and one-half of one Common Share purchase warrant (each whole Common Share purchase warrant, a “Warrant”), with each Warrant entitling the holder thereof to acquire one Common Share at a price of $0.15 per share at any time within two years after the issuance of the Warrant.

ANDREW CHEATLE TO JOIN UNIGOLD AS PRESIDENT AND CEO

2011-09-22 00:00:00

Toronto, Ontario, September 22, 2011 – Unigold Inc. (UGD-TSX.V) is pleased to announce that Mr. Andrew Cheatle, P.Geo, MBA, ARSM, will be joining the Company as president and Chief Executive Officer. Mr. Cheatle will assume the responsibilities of CEO shortly. He will be appointed to the Board of Directors at that time.

UNIGOLD ADDS $1.3-MILLION TO TREASURY

2011-07-14 00:00:00

Toronto, Ontario, July 14, 2011 – Unigold Inc. (UGD-TSX.V) is pleased to announce that it completed the sale of its remaining investment in Asset Backed Commercial Paper restructured notes for gross proceeds of $7,414,553.

UNIGOLD ANNOUNCES INITIATION OF IP SURVEY AND THE ACQUISITION OF A STRATEGIC CONCESSION IN THE DOMINICAN REPUBLIC

2011-06-24 00:00:00

Toronto, Ontario, June 24, 2011 – Unigold Inc. (UGD-TSX.V) is pleased to announce that its exploration programs on the Neita Concession have moved into a phase of geophysical prioritization.

DRILLING AT THE CANDELONES EXTENSION RETURNS 2.0 g/t OVER A 15 METRE TRUE WIDTH

2011-03-03 00:00:00

Toronto, Ontario, March 3, 2011 – Unigold Inc. (“Unigold” or the “Company”) (TSX-V: UGD) is pleased to announce new results on its wholly-owned Neita Property located in the western region of the Dominican Republic.

Unigold Grants Stock Options

2010-12-03 00:00:00

Unigold Inc. ("Unigold" or the "Company") (TSX-V: UGD) today announces the Board of Directors has granted 1.9 million options to certain directors, officers and consultants.

Drilling at the Candelones Extension Returns 2.0 g/t over a 34 Metre True Width and Extends Mineralization over 3 Kilometres to the South-East

2010-11-30 00:00:00

Unigold Inc. ("Unigold" or the "Company") (TSX-V: UGD) is pleased to announce new results on its wholly-owned Neita Property located in the western region of the Dominican Republic.

Unigold Announces Appointment of Executive Chairman and Chief Financial Officer, Office Relocation and Grant of Options

2010-10-18 00:00:00

Unigold Inc. ("Unigold" or the "Company") (TSX-V: UGD) is pleased to announce that Mr. Joseph Hamilton has been appointed Executive Chairman of the Company. The current non-executive Chairman, Dr. Talal A. Alshair, will remain on the Board of Directors.

Voluntary Delisting of Unigold Shares from the NASDAQ DUBAI Exchange

2010-10-12 00:00:00

Unigold Inc. ("Unigold" or the "Company") (TSX-V: UGD, NASDAQ-DUBAI: UGD) wishes to announce that it has applied to voluntarily withdraw its common shares from the Official List of Securities of NASDAQ Dubai (the "Official List") pursuant to section 40.3 of the Dubai International Financial Exchange Listing Rules (the "Rules").

Unigold Drilling at the Candelones Extension in the Dominican Republic Returns 2.1 Grams per Tonne Gold (g/t gold) over an 18 Metre True Width and Extends Mineralization to the East and to Depth

2010-06-22 01:00:00

Unigold Inc. ("Unigold" or the "Company") (TSX-V: UGD, NASDAQ-DUBAI: UGD) is pleased to announce new results on its wholly-owned Neita Property located in the western region of the Dominican Republic.

Unigold Announces the Discovery of a New Gold Zone in the Dominican Republic Grading 2.3 Grams per Tonne Gold (g/t gold) over a 27 Metre True Width from Recent Drilling

2010-06-14 00:00:00

Unigold Inc. ("Unigold" or the "Company") (TSX-V: UGD, NASDAQ-DUBAI: UGD) is pleased to announce the discovery of a new gold zone on its wholly-owned Neita Property located in the western region of the Dominican Republic.

Exploring Dominican Republic

2010-04-30 00:00:00

For many Canadians, Dominican Republic is a wonderful tourist destination with beautiful beaches and a wide selection of three, four and five-star resorts. However, for a small number of professionals developing mining and exploration projects, a visit to Dominican Republic is work, not play.