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. (UGDIF) generates frequent news related to its gold exploration and development work in the Dominican Republic and its capital markets activities. As a Canadian-based mineral exploration company, Unigold focuses on the Candelones gold deposits within the Neita concessions in the Dajabón province, and its disclosures highlight both project milestones and financing events.
News releases often cover project permitting and regulatory developments, such as updates on the Neita Sur Exploitation Concession application and the Environmental and Social Impact Assessment (ESIA) process for the Candelones gold project. Unigold has reported on changes in Dominican environmental regulations that allow it to advance the ESIA before final exploitation licence approval, as well as the progression of its application through government review.
Investors following UGDIF can also expect regular announcements about non-brokered private placements, unit offerings, and the terms of associated share purchase warrants. The company frequently details the number of units issued, warrant exercise prices and durations, and the intended use of proceeds, including funding permitting, exploration, and development on the Neita Sur and Neita Norte concessions.
Additional news topics include warrant extensions approved or proposed with the TSX Venture Exchange, related party participation in financings under Multilateral Instrument 61-101, and governance items such as shareholder meeting results and approvals of share incentive plans. Unigold also issues releases on Deferred Share Units and stock option grants to directors, officers, employees, and consultants.
This news page provides a centralized view of these updates, allowing readers to review Unigold’s project progress, regulatory interactions in the Dominican Republic, and ongoing financing and equity compensation activities.
Unigold Inc. (UGDIF) has successfully completed a non-brokered private placement, raising $146,600 through the issuance of 1,832,500 units at $0.08 per unit. Each unit comprises one common share and one-half of a common share purchase warrant. The warrants allow holders to purchase common shares at $0.12 for up to four years after issuance.
The proceeds will fund the company's ongoing permitting and development activities at its Neita Sur Concession in the Dominican Republic, along with general working capital purposes. No finders' fees were paid, and the securities are subject to a four-month hold period. The offering awaits final acceptance from the TSX Venture Exchange.
Unigold Inc. (UGDIF) has announced a non-brokered private placement offering to raise up to $150,000 through the issuance of up to 1,875,000 units at $0.08 per unit. Each unit consists of one common share and one-half of a warrant, with each full warrant exercisable at $0.12 for a period of four years.
The proceeds will fund the company's exploration and development activities at its Neita Concession in the Dominican Republic and general working capital. The offering may close in multiple tranches and is subject to TSX Venture Exchange approval. Securities issued will have a four-month and one-day hold period.
Unigold Inc. (TSXV: UGD) (OTC Pink: UGDIF) has successfully completed a non-brokered private placement, raising gross proceeds of $293,150 through the issuance of 3,664,374 units at $0.08 per unit. Each unit comprises one common share and one-half of a common share purchase warrant. Each whole warrant allows the holder to purchase one common share at $0.12, valid for four years from issuance.
The proceeds will fund the company's ongoing permitting and development activities at its Neita Sur Concession in the Dominican Republic, along with general working capital purposes. No finders' fees were paid for this offering. The securities are subject to a four-month hold period and final TSX Venture Exchange acceptance.
Unigold Inc. (TSXV: UGD) (OTCQB: UGDIF) has received TSX-V approval to extend the expiry dates of multiple share purchase warrants. The first extension involves 16,629,167 warrants to June 23, 2025, while the second extends 53,433,675 warrants to December 31, 2025. All warrants maintain their exercise price of $0.30 per common share.
The extensions cover warrants from multiple private placements conducted between 2020 and 2023. Notably, 3,797,660 warrants are held by related parties, constituting a related party transaction under regulatory guidelines. However, formal valuation and minority approval requirements are exempt as the warrants' fair market value held by insiders is below 25% of the company's market capitalization.
Unigold Inc. (TSXV: UGD) (OTCQB: UGDIF) has announced plans to extend the expiry dates of its share purchase warrants. The company proposes to extend 16,629,167 warrants to June 23, 2025, and 53,433,675 warrants to December 31, 2025. All warrants maintain their exercise price of $0.30 per common share.
The warrants were issued through various private placements between 2020 and 2023. A portion of these warrants (3,797,660) are held by related parties, constituting a related party transaction. The warrant extensions are subject to TSX Venture Exchange approval, and the company will file a material change report upon receiving approval.
Unigold Inc. (TSXV: UGD) announces significant progress in accelerating the timeline for its Candelones Gold Project in the Dominican Republic. Recent regulatory changes now allow the company to proceed directly with the Environmental and Social Impact Assessment (ESIA) process before receiving the exploitation concession. The company submitted its application for the exploitation concession in early 2022, and following positive technical reviews, it reached the President's office with favorable recommendations in late 2023. The final approval will grant Unigold 75-year mineral extraction rights. The ESIA process, which includes community consultations, is expected to be completed in 2026, with baseline work showing no environmental concerns.
Unigold has received approval from the TSX-V to extend the expiry dates for 46,000,342 share purchase warrants to December 31, 2024. These warrants allow holders to buy one common share at $0.30 per share, with all other terms unchanged.
The warrants originate from private placements completed between June 2020 and November 2022. Of these, 2,418,910 warrants belong to insiders, making this a related party transaction under Multilateral Instrument 61-101 and TSXV Policy 5.9. However, formal valuation and minority approval are not required as the market value does not exceed 25% of Unigold's market capitalization.
Unigold announces its intention to extend the expiry dates of 46,000,342 share purchase warrants to December 31, 2024. These warrants, allowing holders to buy one common share at $0.30 each, were issued during private placements in 2020, 2021, and 2022. Approximately 2.4 million of these warrants are held by related parties, making the extension a related party transaction under Multilateral Instrument 61-101. This extension is subject to approval by the TSX Venture Exchange (TSXV). If approved, a material change report will be filed.
Unigold has successfully closed a non-brokered private placement, raising $1,493,450 through the issuance of 18,668,125 units at $0.08 per unit. Each unit includes one common share and one-half of a share purchase warrant, with each whole warrant exercisable at $0.12 until four years from issuance.
The company closed the first tranche on May 13, 2024, and the final tranche on June 5, 2024, issuing 15,556,250 units for $1,244,500. No finders’ fees were paid. Proceeds will be used for exploration and development on the Neita Concession in the Dominican Republic and general working capital.
Insiders, including director Normand Tremblay, participated in the offering, which qualifies as a related party transaction under MI 61-101.
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.