Unigold Announces Issuances of DSUs to Independent Directors and Incentive Stock Options to Employees

Rhea-AI Summary

Unigold (OTC: UGDIF) announced grants of Deferred Share Units (DSUs) to independent directors and incentive stock options to officers, employees and consultants dated December 31, 2025. The company will issue a total of 2,250,000 DSUs priced at $0.20 each (1,575,000 in lieu of cash fees and 675,000 incentive DSUs). The board also approved incentive options allowing acquisition of up to 4,800,000 common shares at an exercise price of $0.20 per share, expiring December 31, 2030. Grants were made under the company's share incentive plans and TSXV policies; DSU vesting follows the corporation's deferred share unit plan available on SEDAR+.

Positive

• 2,250,000 DSUs issued at $0.20
• Incentive options for 4,800,000 shares approved
• Options expiry set for December 31, 2030

Negative

• Potential dilution of up to 4,800,000 shares

Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - Unigold Inc. (TSXV: UGD) (OTCID: UGDIF) (FSE: UGB1) ("Unigold" or the "Company") announces that the Company has granted Deferred Share Units ("DSUs") to Independent Directors on account of certain director fees in lieu of cash. In addition, the Company has granted incentive DSUs to Independent Directors. All DSUs will be priced at $0.20.

	DSUs in-lieu of cash fees	DSUs to be issued as year-end incentive
Joseph Del Campo	450,000	75,000
Charles Page	225,000	75,000
Normand Tremblay	225,000	75,000
Steve Haggarty	225,000	75,000
Jose Arata	225,000	75,000
Osvaldo Oller	225,000	300,000
	1,575,000	675,000

 

Unigold also announces that the Board of Directors has approved the grant of incentive stock options ("Options") to officers, employees and consultants of the Company allowing for the acquisition of an aggregate of up to 4,800,000 common shares of the Company ("Shares") with an exercise price of $0.20 per Share and an expiry date of December 31, 2030.

The grants of Options and DSUs were conducted pursuant and subject to the terms and conditions of the Company's Share Incentive Plans and TSX Venture Exchange policies. The DSUs will vest in accordance with the deferred share unit plan of the Corporation, a copy of which is available on SEDAR+ (www.sedarplus.ca) under the Unigold Inc. issuer profile (see Management Information Circular of Unigold Inc. dated as of June 3, 2022).

For further information please visit http://www.unigoldinc.com or contact:

Mr. Joseph Hamilton
Chairman & CEO
T. (416) 866-8157

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/279316

FAQ

How many DSUs did Unigold (UGDIF) grant on December 31, 2025?

Unigold granted a total of 2,250,000 DSUs on December 31, 2025 (1,575,000 in lieu of cash; 675,000 incentive DSUs).

What are the details of the Unigold (UGDIF) stock options granted December 31, 2025?

The board approved incentive options for up to 4,800,000 shares at an exercise price of $0.20, expiring December 31, 2030.

At what price were Unigold (UGDIF) DSUs and options set?

Both the DSUs and the option exercise price were set at $0.20 per share/unit.

Where can investors find the Unigold DSU vesting terms for the December 31, 2025 grants?

DSU vesting follows the corporation's deferred share unit plan, available on SEDAR+ under Unigold's issuer profile.

When do the Unigold (UGDIF) options expire and who received them?

The incentive options expire on December 31, 2030 and were granted to officers, employees and consultants.