Unico,
Inc. Announces the Receipt of an Additional $85,000 in Funding from Moore
Investment Holdings, LLC
Issued Thursday June 5, 9:16 am ET
SAN DIEGO, CA--(MARKET WIRE)�June 5, 2008--Unico, Incorporated (OTC BB: UCOI),
a natural resource company in the precious metals mining sector, today
announced the receipt of an additional $85,000 in financing through the sale of
a new convertible debenture to Moore Investment Holdings, LLC, a Nevada limited
liability company, which will be utilized to continue ongoing equipment
start-up testing at the mill and processing facility at the Deer Trail Mine in
Marysvale, Utah.
Including the recently received $85,000, Unico has received a total of
$1,085,000 in financing since the beginning of the 2008 calendar year to help
stimulate operations at the Deer Trail Mine.
Unico�s wholly owned subsidiary, Deer Trail Mining Company, LLC,
recently announced the completion of the floatation circuit at the mill and
processing facility at the Deer Trail Mine, and since that time, the company
has conducted testing of the completed floatation circuit.
�We are pleased to have secured this additional financing to support operations
at the Deer Trail Mine, including the ongoing start-up testing of the
floatation circuit at the Deer Trail mill facility,� commented Mark A. Lopez,
chief executive officer of Unico, Inc. �Management looks forward to updating
shareholders on the recent progress at the mill facility in the near term.�
Shareholders who would like to sign up to receive information by email directly
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About Unico, Inc.
Unico, Inc. (OTC BB: 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. In August 2007, Unico announced that its wholly owned
Deer Trail Mining Company subsidiary had completed the purchase of the Deer
Trail Mine from Crown Mines, LLC. 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.
Contacts:
Gemini Financial Communications, Inc.
A. Beyer
951-677-8073
investors@unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.