SOURCE: Unico, Inc.

June 14, 2007 09:22 ET

Unico, Inc. Receives Balance of the $1.7 Million Financing Commitment to Exercise the Purchase Option on the Deer Trail Mine

Company Also Files 10-KSB Annual Report for Fiscal Year 2007

SAN DIEGO, CA--(Marketwire - June 14, 2007) - Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced that the company has received the balance of the $1.7 million financing commitment in the form of a private placement investment to be used for the purpose of exercising the lease buy-out option on the Deer Trail Mine in Marysvale, Utah.

The process of transferring ownership of the Deer Trail Mine from Crown Mines, LLC has been initiated and the company expects to make the final payment to complete the purchase of the property once the necessary agreements have been executed. Legal representatives from Unico, Inc. and Crown Mines, LLC are working to complete several necessary documents related to the purchase, including a purchase agreement, a bill of sale and a quitclaim deed to effect the transfer of ownership of the Deer Trail Mining Claims.

The mining lease and option to purchase between Unico, Inc. and Crown Mines, LLC, dated December 12, 2001, was adjusted through a first modification of mining lease and option to purchase, dated May 31, 2004, a second modification of mining lease and option to purchase, dated April 21, 2006, a third modification of mining lease and option to purchase, dated November 1, 2006, and a fourth modified lease and option to purchase agreement in April 2007, which provided for a due date of May 31, 2007 for Unico, Inc. to exercise its purchase option.

Unico's wholly owned subsidiary, Deer Trail Mining Company, LLC, is expected to acquire the mining claims, which consist of 32 patented mining claims and 171 unpatented mining claims, as well as mill sites, dumps and other transferable rights contained in the agreement.

"Unico has received the balance of the $1.7 million financing commitment to exercise the purchase option of the Deer Trail Mine, which is an important step in securing the property as a long-term asset for the company," stated Mark A. Lopez, chief executive officer of Unico, Inc. "With the process of transferring ownership of the property underway, we look forward to completing this transaction as we concurrently complete the final stages of reconstruction of the mill and processing facility at the Deer Trail Mine."

The company has also filed its Annual Report on Form 10-KSB with audited financial statements, covering the company's 2007 fiscal year, which ended February 28, 2007.

"We are very pleased to have met the company's reporting requirements with the filing of the 2007 annual report. The 2008 fiscal year is expected to be even more eventful than 2007, with the anticipated start-up of the mill and processing facility at the Deer Trail Mine and additional activates planned for the company's subsidiary mining properties," Mr. Lopez added.

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About Unico, Inc.

Unico, Inc. (OTCBB: UCOI) 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 three mine properties: the Deer Trail Mine, the Bromide Basin Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional 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.

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