Unigold Inc.

Unigold Inc.

April 19, 2012 09:00 ET

Unigold Inc. Successfully Renews Exploration Licence on its Flagship Neita Property

TORONTO, ONTARIO--(Marketwire - April 19, 2012) - Unigold Inc. ("Unigold" or the "Company") (TSX VENTURE:UGD) is pleased to announce the Dominican Republic government has renewed the exploration licence on Unigold's wholly owned Neita property giving the company exclusive exploration rights until 2015, at which point the Company has the option to renew for a further two one-year extensions, through to 2017.

The Neita Property covers 22, 616 hectares and is host to several highly prospective gold and copper mineralized zones.

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/Unigold_Inc._Properties_Location_Map.pdf.

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.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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