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Unigold Inc V.UGD

Alternate Symbol(s):  UGDIF

Unigold Inc. is a junior natural resource company. The Company is in the business of exploring its mineral concession properties in the Dominican Republic (DR). It is focused on exploring and developing its significant land position in the DR, within the highly prospective Cretaceous-age Tireo Formation. The Company’s Neita Concession encompasses 21,031 hectares (ha) of the Tireo Formation, a thick sequence of intermediate volcanic and volcanoclastic rocks produced by island arc volcanism that are highly prospective for Porphyry Cu and Cu-Au deposits; High to low sulphidation Au and Au-Ag epithermal deposits, and Volcanogenic Hosted Massive Sulphide (VHMS) Au-Ag-Cu-Pb-Zn deposits. Its Candelones Project is located south of the town of Restauracion in the northwestern Dajabon Province of the Dominican Republic. Its Candelones oxide gold deposit is within the 100% owned Neita Fase II exploration concession located in Dajabon province, in the northwest part of the Dominican Republic.


TSXV:UGD - Post by User

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Post by Bull4u2on Sep 20, 2021 2:23pm
273 Views
Post# 33887278

Private Placement up to $2,340,000

Private Placement up to $2,340,000Interesting, that the stock was trading at .35 in March and in 6 months, management decides they need more money to keep the doors open. So, they decide a $0.13 funding is ok. What an absolute mess this management group has made of Unigold. Not even decent assay results helps any more.
It looks like there will be more pain for all shareholders until they make some change at the top. Nice job Joe.
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