Unigold Inc. announces the execution of a binding term sheet with Barrick Gold Corp. that sets the terms under which the Company will allow Barrick to earn into, and form a joint venture , in respect of the Neita Norte Exploration Concession in the Dominican Republic. Joe Hamilton, Chairman and CEO of Unigold, commented, "We welcome Barrick as a partner in the Neita Norte area. Barrick brings considerable technical and [...]
Unigold Inc. announces that the TSX-V has approved the extension of a total of 16,629,167 share purchase warrants , by six months to December 29, 2023 . The Warrants were issued pursuant to a private placement which closed on June 23, 2020 and are currently set to expire on June 23, 2023. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all other [...]
Unigold Inc. announces that the Company intends to extend the expiry dates of a total of 16,629,167 share purchase warrants , by six months to December 29, 2023 . The Warrants were issued pursuant to a private placement which closed on June 23, 2020 and are currently set to expire on June 23, 2023. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and [...]
Unigold Inc. is pleased to announce that it has closed a second and final tranche of a non-brokered private placement of 48,125,000 units of the Company at a price of $0.08 per Unit for gross proceeds of $3,850,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of [...]
Unigold Inc. is pleased to announce that it has closed a first tranche of a non-brokered private placement of up to 53,125,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $4,250,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of [...]
Unigold Inc. is pleased to announce a non-brokered private placement of up to 53,125,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $4,250,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.30 until the date that is the [...]
Unigold Inc. is pleased to announce that the Ministry of Energy and Mines of the Dominican Republic has approved the application for the Neita Norte Exploration Concession in the Dominican Republic. Joe Hamilton, CEO of Unigold, commented, "The Neita Norte concession is the northern half of the Neita Concession which the Company has held since 2002. This 10,900 hectare exploration concession is underexplored but holds a [...]
Unigold Inc. announces that Mr. Gordon Babcock has resigned as the Chief Operating Officer of the Company. Mr. Babcock will continue in his current duties until the middle of March. Joe Hamilton, CEO of Unigold, commented "Gord has been instrumental in delivering a positive feasibility for our oxide starter operation and in supporting our permitting efforts in the Dominican Republic over the past year. On behalf of the [...]
Unigold Inc. announces that the TSX-V has approved the extension of the expiry dates of a total of 16,629,167 share purchase warrants , by six months to June 23, 2023 . The Warrants were issued pursuant to a private placement which closed on June 23, 2020. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and all other terms of the Warrants, including [...]
Unigold Inc. announces that the Company intends to extend the expiry dates of a total of 16,629,167 share purchase warrants , by six months to June 23, 2023 . The Warrants were issued pursuant to a private placement which closed on June 23, 2020 and are currently set to expire on December 23, 2022. Each Warrant entitles the holder thereof to acquire one common share of the Company at a price of $0.30 per common share and [...]
52% Pre-Tax Internal Rate of Return , 44% After-Tax IRR AISC of US$829/oz Au Feasibility Study assumes 5,000 tonnes per day run-of-mine heap leach operation Average annual payable gold production of 31,400 oz Initial capital expenditure of US$36 Million US$38 Million Pre-Tax Net Present Value , US$30 Million After-Tax NPV5 Average annual after-tax free cash flow of US$23.8 Million Average blended gold recovery of 85 [...]
Unigold Inc. is pleased to announce that it has closed a non-brokered private placement of 13,750,000 units of the Company at a price of $0.08 per Unit for gross proceeds of $1,100,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.30 until the date that is the [...]