Welcome to our dedicated page for Unigold news (Ticker: UGDIF), a resource for investors and traders seeking the latest updates and insights on Unigold stock.
Unigold Inc. (TSXV: UGDIF) is a Canadian mineral exploration company focused on discovering gold deposits in the Dominican Republic's Neita concessions. This page provides official news releases and analysis of the company's exploration programs, financial strategies, and industry partnerships.
Investors and analysts will find updates on geological surveys, drilling results, and capital management initiatives including private placements. The resource also details strategic collaborations like the joint venture with Barrick Gold to advance exploration targets in volcanic terrains.
All content is sourced directly from company disclosures to ensure accuracy. Users can track progress on environmental assessments, concession developments, and technical studies critical to evaluating long-term resource potential. Bookmark this page for streamlined access to operational updates and regulatory milestones shaping Unigold's Caribbean exploration efforts.
Unigold has extended the deadline for its non-brokered private placement initially announced on March 22, 2024. The new closing date is set for June 30, 2024. The private placement aims to raise up to $2,000,000 by issuing up to 25,000,000 units at $0.08 per unit. Each unit includes one common share and one-half warrant, with each whole warrant exercisable at $0.12 for four years post-issue. The first tranche has closed, yielding $248,950 from 3,111,875 units. Proceeds will fund exploration and development at Unigold's Neita Concession in the Dominican Republic and general working capital. The offering is subject to TSX Venture Exchange approval and other regulatory conditions.
Unigold has announced the closure of the first tranche of a non-brokered private placement, aiming to raise up to $2,000,000 by issuing up to 25,000,000 units at $0.08 per unit. Each unit consists of one common share and one-half of one common share purchase warrant, allowing the purchase of additional shares at $0.12 within four years. The first tranche issued 3,111,875 units, raising $248,950. Funds will support exploration and development in the Dominican Republic and general working capital. Insider participation includes 2,415,000 units by Osvaldo Oller and 300,000 by Normand Tremblay. Securities are subject to a four-month hold period until September 12, 2024, and require final TSX Venture Exchange acceptance.
Unigold Inc. announces the extension of its non-brokered private placement of up to $2,000,000 until May 30, 2024. The private placement consists of 25,000,000 units at $0.08 per unit, with each unit including a common share and a warrant. The proceeds will fund exploration and development in the Dominican Republic. The closing of the offering is subject to various conditions.
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