Unigold Grants Stock Options

TORONTO, ONTARIO--(Marketwired - June 22, 2016) - Unigold Inc. ("Unigold" or the "Company") (TSX VENTURE:UGD) today announces that the Board of Directors have granted in aggregate 1,700,000 stock options to members of the Board, management and consultants. The options have an exercise price of $0.35, have a term of five years and vest immediately.

About Unigold Inc. - Discovering Gold in the Caribbean

Unigold is a Canadian based mineral exploration company traded on the TSX Venture Exchange under the symbol UGD, focused primarily on exploring and developing its gold assets in the Dominican Republic.

For further information please visit www.unigoldinc.com.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.