Unigold

Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) revealed that it has issued a positive feasibility study for its Candelones oxide project in the Dominican Republic, showing a low-cost starter pit with a minimal environmental footprint. The study showed a pre-tax net present value of US$38 million, assuming a 5,000 tonnes per day (tpd) run-of-mine heap leach operation and a pre-tax internal rate of return (IRR) of 52%. » Mehr auf proactiveinvestors.com

Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) said it has closed a non-brokered private placement of 13,750,000 units of the company at a price of $0.08 each for gross proceeds of $1,100,000. The company said the proceeds from the offering will be used to fund the continued exploration and development of its Neita Concession in the Dominican Republic, and for general working capital purposes. » Mehr auf proactiveinvestors.com

Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) said its application for the Nieta Sur Exploitation concession in the Dominican Republic has moved to the next stage of review. The Direccion General de Mineria (DGM), a department of the Ministerio de Energia y Minas, has completed its technical review of the application and has forwarded the application to the ministry with a positive recommendation, marking a significant step in the permitting process. » Mehr auf proactiveinvestors.com