Unigold Inc. ("Unigold") (TSX VENTURE:UGD) announces following the Annual
General Meeting, Unigold Inc. has granted 4,225,000 options to purchase common
shares of the Company to directors, officers, consultants and employees of the
Company. The options are exercisable at a price of $0.33 per share and have a
term of five years. This grant is made pursuant to the Company's stock option
plan which was re-approved at the Annual General Meeting.


About Unigold Inc. - Discovering Gold in the Caribbean

Unigold is a growth-oriented junior natural resource company, focused primarily
on exploring and developing its gold assets in the Dominican Republic - a
country which is highly prospective for gold mineralization.


For Further Information please visit www.unigoldinc.com.
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