Unigold Announces Issuances of DSUs to Independent Directors and Incentive Stock Options to Employees

Unigold Announces Issuances of DSUs to

Independent Directors and Incentive Stock

Options to Employees

Toronto, Ontario--(Newsfile Corp. - December 31, 2025) - Unigold Inc. (TSXV: UGD) (OTCID: UGDIF)

(FSE: UGB1) ("Unigold" or the "Company") announces that the Company has granted Deferred Share

Units ("DSUs") to Independent Directors on account of certain director fees in lieu of cash. In addition,

the Company has granted incentive DSUs to Independent Directors. All DSUs will be priced at $0.20.

DSUs in-lieu of cash fees

DSUs to be issued as year-end

incentive

Joseph Del Campo

450,000

75,000

Charles Page

225,000

75,000

Normand Tremblay

225,000

75,000

Steve Haggarty

225,000

75,000

Jose Arata

225,000

75,000

Osvaldo Oller

225,000

300,000

1,575,000

675,000

Unigold also announces that the Board of Directors has approved the grant of incentive stock options

("Options") to officers, employees and consultants of the Company allowing for the acquisition of an

aggregate of up to 4,800,000 common shares of the Company ("Shares") with an exercise price of

$0.20 per Share and an expiry date of December 31, 2030.

The grants of Options and DSUs were conducted pursuant and subject to the terms and conditions of the

Company's Share Incentive Plans and TSX Venture Exchange policies. The DSUs will vest in

accordance with the deferred share unit plan of the Corporation, a copy of which is available on

SEDAR+ (

www.sedarplus.ca

) under the Unigold Inc. issuer profile (see Management Information

Circular of Unigold Inc. dated as of June 3, 2022).

For further information please visit

http://www.unigoldinc.com

or contact:

Mr. Joseph Hamilton

Chairman & CEO

T. (416) 866-8157

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/279316