Eric Sprott announces that, on September 18, 2019, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, acquired ownership of 10,000,000 units of Unigold Inc., on a private placement basis, at a price of $0.10 per Unit for total consideration of $1,000,000. Each Unit consists of one common share of Unigold Inc., and one-half of one common share purchase warrant, each such warrant exercisable for common [...]
Unigold Inc. is pleased to announce that it has closed its previously announced private placement of 32,350,000 units of the Company at a price of $0.10 per Unit for gross proceeds of $3,250,500 . Each Unit consists of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.15 at any [...]
Unigold Inc. is pleased to announce an increase in the size of its previously announced non-brokered private placement of units of the Company . Due to oversubscribed demand, the private placement will now consist of up to 40,000,000 units at a price of $0.10 per Unit for gross proceeds of up to $4,000,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each [...]
Unigold Inc. is pleased to announce a non-brokered private placement of up to 15,000,000 units of the Company at a price of $0.10 per Unit for gross proceeds of up to $1,500,000 . Each Unit will consist of one common share of the Company and one-half common share purchase warrant . Each whole Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of $0.15 until the date that is the [...]
Unigold Inc. is pleased to announce that Mr. Jean-Marc Lacoste has been appointed to the Board of Unigold Inc. Mr. Lacoste is the President and CEO of Monarch Gold Corp.. Jean-Marc earned his bachelor’s degree in Economics from McGill University in Montreal. In 1993 he started a career in finance at the Montreal Stock Exchange where he worked for National Bank Financial and, subsequently, Merrill Lynch Canada. In [...]
The Corporation has acquired a block of 6.5 million shares of Unigold , a gold exploration company, which operates in the Dominican Republic. Unigold's main asset is the Neita concession, which hosts a deposit of over 2 million ounces of gold . The other major shareholders of Unigold are Osisko Gold Royalties Ltd. and Evanachan Limited , a company owned by Robert R. McEwen. As consideration, Monarch issued 3.25 million [...]
Unigold Inc. is pleased to announce results of the oxide test pit program at its 100% owned Neita Concession in the Dominican Republic. Test Pit Location Plan - Candelones Main and Connector Deposits The Company completed a total of thirty one test pits to evaluate the oxide resource potential at the Candelones Main and Candelones Connector deposits . The test pit program was designed with the following objectives: Verify [...]
Unigold Inc. is pleased to announce the completion of a surface test pit program at its 100% owned Neita Concession in the Dominican Republic. Test Pit Locations - Candelones Main and Connector Deposits The Company has completed thirty one test pits evaluating the oxide resource potential at the Candelones Main and Candelones Connector deposits. Eleven pits were designed to “twin” historical drill holes. The [...]
Unigold Inc. is pleased to announce that the Environmental Permit for the Company’s 100% owned Neita Fase II Exploration Concession located in the Dominican Republic has been approved by the Minister of the Environment of the Dominican Republic. This final permit allows the Company to resume active exploration of the Concession. Joseph Del Campo, Interim President and CEO of Unigold commented, “We are very [...]
Unigold Inc. is pleased to provide the following update regarding its plans to resume exploration on the Company’s 100% owned Neita Fase II Exploration Concession located in the Dominican Republic. Candelones Project Drill Plan over Gradient Induced Polarization Chargeability Candelones Main and Connector Oxide Resource Area Candelones Main Oxide Resource Section A-A’ Looking North Candelones Connector Oxide [...]
TORONTO, May 22, 2018 -- Unigold Inc. is pleased to announce that the Ministry of Energy and Mines of the Dominican Republic has granted the Company the Neita Fase II Exploration Concession. The Concession is valid for a three-year period after which there is a possibility to two additional one-year extensions. The approved Concession has a 21,031 hectare footprint and hosts several gold and copper surface geochemical [...]
TORONTO, May 02, 2018 -- Unigold Inc. is pleased to announce that it has extended the exercise period of a total of 16,000,000 outstanding share purchase warrants, . The Warrants were issued pursuant to a private placement of 16,000,000 common shares with 16,000,000 share purchase warrants attached, which was accepted for filing by the TSX Venture Exchange effective May 25, 2016. The Warrants are due to expire on May 25 [...]