Union Gold Inc.
TSX VENTURE : UN

June 05, 2006 16:25 ET

Union Gold Inc.: Grant of Incentive Stock Options

TORONTO, ONTARIO--(CCNMatthews - June 5, 2006) - Union Gold Inc. (TSX VENTURE:UN) announces that the shareholders at the annual and general meeting of shareholders held on June 2, 2006 elected Jeffrey J Becker, Maureen L. Friesen and Jason V. Tomkinson as directors.

The Company is pleased to announce that Jason V. Tomkinson is a newly elected Director.

Options have been granted to a Consultant, Peter Lucas, in the amount of 14,500 common shares and to Jason Tomkinson, Director, in the amount of 20,000 common shares at the exercise price of $0.40 expiring June 5, 2011.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OF THIS RELEASE.

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