Press Release
Unico, Inc. Chairman Files Form 4 on Common Stock Share Purchase of Over 4
Million Shares
Issued Monday June 11, 8:47 am ET
SAN DIEGO, CA--(MARKET WIRE)--Jun. 11, 2007--Unico, Incorporated (OTC BB:
UCOI), a natural resource company in the precious metals mining sector, today
announced that chairman Ray C. Brown has filed a Form 4 Statement of Change in
Beneficial Ownership of Securities with the Securities and Exchange Commission
reporting the purchase of 4,156,463 shares of common stock. This purchase,
which was made on June 6, 20007 at a price of $0.0016 per share, brings the
total number of common shares that Mr. Brown owns to 16,227,474.
Mr. Brown made his purchase after Unico, Inc. announced that the process of
transferring ownership of the Deer Trail Mine from Crown Mines, LLC to the
company had been initiated. Mr. Brown, who served as chief executive officer of
the company from 1983 to 2004, indicated that securing the Deer Trail Mine was
an important factor in his stock purchase.
"Having served as CEO of the company when it entered into the first lease
and purchase option agreement with Crown Mines, LLC for the Deer Trail Mine, I
was extremely pleased to see Unico secure the capital necessary to initiate the
process of taking ownership of the property," stated Mr. Brown. "I
remain confident that the purchase of the Deer Trail Mine, along with the
expected completion of the mill and processing facility at the Deer Trail Mine
and additional mining activities planned at the property in the future, will
result in the development of long-term value for shareholders. As a result, I
am pleased to be able to add to my common stock position in the company at this
time."
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. 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
951-587-8072
investors@unicomining.com
OTC Financial Network
Rick McCaffrey
781-444-6100, x625
rick@otcfn.com
www.otcfn.com/ucoi
.