Unity Closes 1st Tranche of Non-Brokered Private Placement
#313-515 West Pender Street, Vancouver, BC Canada V6B 6H5
www.unityenergycorp.com
UNITY CLOSES 1st TRANCHE OF NON-BROKERED PRIVATE PLACEMENT
February 16, 2017 — Unity Energy Corp., (TSX.V:UTY) (“Unity” or the “Company”) is
pleased to announce that it has closed the 1st tranche of a private placement for a total
gross proceeds of $125,000. The Company filed a price reservation with the TSX
Venture Exchange on February 1, 2017 under the following terms: the Company intends
to issue up to a total of 6,000,000 non flow-through common shares at a price of $0.05
per share for a total gross proceeds of $300,000.
The Company received TSX Venture Exchange approval on February 16, 2017. 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. Anita Algie, President and Director of the Company, participated in
the placement subscribing for a total of 800,000 common shares.
Proceeds from the offering will be used for general working capital and corporate
purposes. No finder’s fees were paid.
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.