News sept 27 TORONTO, ONTARIO--(Marketwired - Sept. 27, 2013) - Unigold Inc. ("Unigold") (TSX VENTURE:UGD) announces that it has made an application to the TSX Venture Exchange (the "TSXV") to extend the expiry date of outstanding warrants exercisable to purchase an aggregate of 10,425,000 common shares of Unigold originally issued in connection with a private placement (the "Private Placement") of units ("Units") of Unigold which closed on December 21, 2011. Each Unit consisted of one common share of Unigold and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). The private placement was first announced on October 14, 2011.
The Private Placement was a non-brokered private placement which resulted in the issuance of Warrants to purchase an aggregate of 12,400,000 common shares of Unigold at an exercise price of $0.15 per common share until November 17, 2013.
Unigold has requested that the TSXV extend the expiry term of the Warrants to November 17, 2015.
No warrants issued to agents in connection with their services rendered in connection with the Private Placement will be amended.