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UGD.V ·

Unigold Warrant Extension

Share Capital & Compensation

Unigold Warrant Extension

TORONTO, May 02, 2018 -- Unigold Inc. (“Unigold” or the “Company”) (TSX-V:UGD) is pleased to announce that it has

extended the exercise period of a total of 16,000,000 outstanding share purchase warrants, (collectively, the “Warrants”). The

Warrants were issued pursuant to a private placement of 16,000,000 common shares with 16,000,000 share purchase

warrants attached, which was accepted for filing by the TSX Venture Exchange effective May 25, 2016.

The Warrants are due to expire on May 25, 2018 and are exercisable at $0.45 per share. The new expiration date of the

Warrants is on May 25, 2019.

The TSX Venture Exchange has provided conditional approval of the Warrant extension.

For further information please visit www.unigoldinc.com or contact:

Mr. Joseph Del Campo,

Interim President & CEO

[email protected]

416.866.8157