Unigold Announces Closing of Non-Brokered Private Placement of $140,000

Group 1 - Unigold Inc. has completed a non-brokered private placement of 1,400,000 units at a price of $0.10 per unit, resulting in gross proceeds of $140,000 [1][2] - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of one common share at an exercise price of $0.16 for two years [1][2] - The proceeds will be used for permitting and development on the Neita Sur Concession in the Dominican Republic and for general working capital [2] Group 2 - No finders fees were paid in connection with the offering, and all securities issued are subject to a four-month hold period [2] - The offering is subject to final acceptance by the TSX Venture Exchange [2] - The securities offered have not been registered under the U.S. Securities Act of 1933 and cannot be sold in the U.S. without registration or an exemption [3]