Unigold Proposes to Extend Warrants

Core Viewpoint - Unigold Inc. intends to extend the expiry dates of 53,433,675 share purchase warrants to March 31, 2026, maintaining the exercise price at $0.30 per share [1]. Group 1: Warrant Details - The warrants were originally set to expire on December 31, 2024, and are part of various private placements [1]. - A total of 3,797,660 warrants are held by related parties, which classifies the amendment as a "related party transaction" under relevant regulations [3]. - The company will file a material change report upon receiving approval from the TSX Venture Exchange for the warrant extensions [3]. Group 2: Private Placement Information - The warrants were issued through several private placements, including: - 12,596,175 warrants from a placement that closed on August 10, 2021, with 375,850 to insiders [7]. - 8,750,000 warrants from a placement that closed on September 7, 2022, with 1,850,000 to insiders [7]. - 1,150,000 warrants from a placement that closed on September 12, 2022 [7]. - 6,875,000 warrants from a placement that closed on November 1, 2022 [7]. - 8,008,750 warrants from a placement that closed on May 10, 2023, with 850,000 to insiders [7]. - 16,053,750 warrants from a placement that closed on May 16, 2023, with 528,750 to insiders [7].