Unigold Announces Resignation of COO
Unigold Announces Resignation of COO
Toronto, Ontario--(Newsfile Corp. - February 14, 2023) - Unigold Inc. (TSXV: UGD) (OTCQB: UGDIF)
(FSE: UGB1) ("Unigold" or the "Company") announces that Mr. Gordon Babcock has resigned as the
Chief Operating Officer of the Company.
Mr. Babcock will continue in his current duties until the middle of
March.
Joe Hamilton, CEO of Unigold, commented "Gord has been instrumental in delivering a positive
feasibility for our oxide starter operation and in supporting our permitting efforts in the Dominican
Republic over the past year.
On behalf of the Board of Directors, I would like to thank Gord and wish him
well in his future endeavours."
Unigold is awaiting final approval of its application for an Exploitation Concession over the Neita Sur
area.
The application has passed inspection and review by the Dirección General de Minería and was
forwarded to the Ministerio de Energía y Minas with a positive recommendation in Q4 of last year.
Unigold has responded to information requests from the Ministry and understands that the Ministry has
sufficient information to move forward with the application. While it is difficult to predict a timeline for the
final approval, the company is hopeful that the process will be finalized shortly.
For further information please visit
http://www.unigoldinc.com
or contact:
Mr. Joseph Hamilton
Chairman & CEO
T. (416) 866-8157
Forward-looking Statements
Certain statements contained in this document, including statements regarding events and financial trends that may affect our future operating
results, financial position and cash flows, may constitute forward-looking statements within the meaning of the federal securities laws. These
statements are based on our assumptions and estimates and are subject to risk and uncertainties. You can identify these forward-looking
statements by the use of words like "predict", "expects", "is hopeful", "believes", "will" and other words of similar meaning. We wish to caution you
that such statements are just predictions or opinions, and that actual events or results may differ materially. The forward-looking statements
contained in this document are made as of the date hereof and we assume no obligation to update the forward-looking statements, or to update the
reasons why actual results could differ materially from those projected in the forward-looking statements. Where applicable, we claim the protection
of the safe harbour for forward-looking statements provided by the (United States) Private Securities Litigation Reform Act of 1995.
For more
information, please visit
https://www.unigoldinc.com/profile/forward-looking-statement
.
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responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/154723