Off-market insider selling at Unigold (UGD)

Off-market insider selling at Unigold (V:UGD)

Norman Tremblay, a Director, disposed of 6,500,000 Common Shares on a direct ownership basis at a price of $0.115 through a private transaction on May 7th, 2019. This represents a $747,500 divestment of the company's shares and an account share holdings change of -66.6%.

Unigold is in the Gold Sub Industry Group under the Basic Materials Sector.

Unigold Inc. is a Canada-based junior natural resource company focused on exploring and developing its land position in the Dominican Republic, within the Cretaceous age, Tireo Formation. The Tireo Formation is a gold and base metal district, and is approximately 75-kilometer wide series of volcanic and sedimentary rocks trending northwesterly across the island of Hispaniola The Company owns 100% of the exploration rights for gold, silver, copper, zinc and all associated minerals on the Neita Property in the north western Dominican Republic, as well as an option for the commercial mining of the mineral deposits. The Company operates through its Canadian subsidiary, Unigold Resources Inc., and approximately 97% owned subsidiary, Unigold Dominicana, S.R.L. The Tireo Formation hosts various gold and base metal targets, both in the Dominican Republic and Haiti.