Press Release
Unico, Inc. Announces Form 4 Filing on Common Stock Purchase by Chairman Ray
C. Brown
Issued Thursday September 11, 10:05 am ET
SAN DIEGO, CA--(MARKET WIRE)--Sep. 11, 2008--Unico, Incorporated (OTC BB:
UNCO), a natural resource company in the precious metals mining sector, today
announced that on September 4, 2008, chairman Ray C. Brown purchased 134,150
shares of Unico common stock at a price of $0.056 per share. The purchase
brings the total number of common shares that Mr. Brown owns to 278,608.
Mr. Brown�s purchase is reflected in a Form 4 Statement of Change in Beneficial
Ownership of Securities filed with the Securities and Exchange Commission on
September 8, 2008.
Unico is currently completing the testing phase of the completed floatation
circuit at the mill and processing facility at the Deer Trail Mine in
Marysvale, Utah. Material is being processed as part of the testing phase, and
the company expects the next steps at the facility to include the production of
concentrate. Additionally, Unico recently announced the progress of underground
rehabilitation work at the Deer Trail Mine, including work on the upper Deer
Trail Mine #3 tunnel, the #3 portal, the #1 tunnel, and the 3400 escape shaft
of the PTH tunnel.
�Management is very pleased with the recent progress at the Deer Trail Mine,
and I am delighted to have this opportunity to increase my common stock
position in the company,� stated Mr. Brown. �We look forward to the next steps
of this project, including the expected production of concentrates at the Deer
Trail mill facility.�
Shareholders who would like to sign up to receive information by email directly
from Unico, Inc., including when new photo galleries and video clips are posted
to the company website, are asked to visit the company�s website at
http://www.unicomining.com/IR/mailinglist.php and fill in the appropriate
fields.
About Unico, Inc.
Unico, Inc. (OTC BB: UNCO) 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 two
mine properties: the Deer Trail Mine and the Silver Bell Mine. The company has
also announced agreements to acquire over 70 additional mining claims including
the Clyde and Crown Point 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
.