Unity Announces $445,000 Non-Brokered Private Placement
#313-515 W est Pender Street, Vancouver, BC Canada V6B 6H5
www.unityenergycorp.com
UNITY ANNOUNCES $445,000 NON-BROKERED PRIVATE PLACEMENT
April 8, 2016 — Unity Energy Corp., (TSX.V:UTY) (“Unity” or the “Company”) is pleased to announce that it intends to raise up to $445,000 by selling up to an aggregate of 2,225,000 units at a price of $0.20 per unit. Each unit consists of one (1) common share and one-half (1/2) transferrable share purchase warrant. Each whole warrant will be exercisable at a price of $0.30 for 24 months from the date of closing.
Closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including approval of the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation.
A price reservation form was filed with the TSX Venture Exchange on March 8, 2016.
Proceeds from the offering will be used for general working capital and corporate purposes.
For more information, contact the Company at 604-681-0004 or visit www.unityenergycorp.com
On Behalf of the Board of Directors of Unity Energy Corp.
Anita Algie Anita Algie B.Sc. Hon, President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.