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Unity Energy Corp. Closes First Tranche of Private Placement

Financings

#313 -515 W est Pender Street, Vancouver, BC Canada V6B 6H5

www.unityenerg yco rp.co m

NEWS RELEASE

UNITY ENERGY CORP. CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Vancouver, Canada – October 25, 2018 – Unity Energy Corp. (the “Company”) (TSXV: UTY) is pleased

to announce that it has closed an initial tranche of its non -brokered private placement for gross proceeds

of $271,800. In connection with closing of this tranche, the Company is sued 3,020,000 units (each, a

“Unit”) at a price of $0.09 per Unit. Each “Unit” consists of one common share and one transferrable

common share purchase warrant exercisable at a price of $0.13 for a period of thirty -six months.

No finders’ fees or commi ssions were paid in connection with closing of this initial tranche of the

placement. All securities issued in connection with the placement are subject to a four -month-and-one-

day statutory hold period. The Company anticipates closing a further tranche of the placement and will

provide additional information regarding this final tranche as soon as it becomes available .

About the Company

Unity Energy Corp. is a Vancouver - based gold exploration company and for more information, contact

the Company at (604) 681-0004 or visit www.unityenergycorp.com.

On behalf of the Company,

Peter Born

Peter Born, 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. This news release may

contain forward-looking statements. These statements are based on current expectations and assumptions that are

subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the

management discussion and analysis section of our interim and most re cent annual financial statement or other

reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not

assume any obligation to update any forward-looking statements, except as required by applicable laws.