SOURCE: Unico, Inc.

Unico, Inc.

December 23, 2009 10:27 ET

Unico, Inc. Releases December Edition of Shareholder Newsletter With Year-In-Review Feature

Newsletter Also Reviews Recent Board Changes and Posting of Proposed Settlement Notice on Corporate Website

SAN DIEGO, CA--(Marketwire - December 23, 2009) - Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today released its December 2009 shareholder newsletter, which includes a Year-In-Review feature highlighting the major event and milestones of the 2009 calendar year. The issue also reviews recent management changes with the appointment of four new members of the Board of Directors and a new Board Chairman.

A PDF version of the December 2009 newsletter has been added to the company's website at http://www.unicomining.com./news/newsletters.php, and an email notification of the newsletter's release will be sent to subscribers to Unico's electronic mailing list.

Among the 2009 highlights in the Year-In-Review feature are the discovery of significant levels of tellurium, an extremely rare element, present at the company's wholly owned Deer Trail Mine in Marysvale, Utah; the testing of alternative methods for the recovery of gold and silver from the recently produced concentrates at the Deer Trail Mine; leachablity testing of samples of the Deer Trail concentrate by an outside laboratory; the shipping of concentrate from the Deer Trail Mine to Royal Mines And Minerals Corporation for testing of Royal Mines' proprietary technology for the lixiviation of precious metals; the acquisition of equipment that will be added to the current flotation circuit of the Deer Trail mill in order to expedite filtration of concentrate and produce a higher grade precious metals concentrate; acquisitions of common stock by company management; an agreement with Industrial Minerals Development, Inc. and Professional Geologist Frederic C. Johnson to drill and verify the upper tailings reserves at the Deer Trail Mine and potentially to conduct reserve verifications on other mine dumps and stockpiles located on the properties the Deer Trail Mining Company subsidiary; plans to begin construction of a new tailings impoundment at the Deer Trail Mine; the filing of a Current Report on Form 8-K regarding the reduction of the company's Total Stockholders' Deficit of over $4,800,000; and disclosure that the technical staff of Deer Trail Mining Company had completed a series of new comprehensive geologic, engineering, and economic studies of the potential tonnages that may exist on four mine and two exploration targets at the Deer Trail Mine.

Mark A. Lopez, President/CEO and Director of Unico, Inc., commented, "We have used our December newsletter edition to review some of the more significant milestones and events that occurred during the 2009 calendar year. While there is still much more to accomplish, we believe that our project at the Deer Trail Mine has made progress over the past 12 months, and we look toward 2010 with great anticipation."

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when newsletters are posted to the company website, are asked to visit the company's website at http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate fields.

About Unico, Inc.

Unico, Inc. (OTCBB: UNCO) is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its two mine properties: the Deer Trail Mine and the Silver Bell Mine. Unico has also announced agreements to acquire over 70 additional mining claims in the area of the Deer Trail Mine including the Clyde and Crown Point mining claims. For more information, please visit www.unicomining.com.

Forward-Looking Statements: This news release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and such Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are subject to risks and uncertainties that could cause actual results to vary materially from those projected in the forward-looking statements. The company may experience significant fluctuations in operating results due to a number of economic, competitive and other factors. These factors could cause operation results to vary significantly from those in prior periods, and those projected in forward-looking statements. Information with respect to these factors, which could materially affect the company and its operations, are included on certain forms the company files with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Gemini Financial Communications, Inc.
    Investor Relations
    888-528-0883
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