Unico, Inc. Director Files Form 4 Regarding
Acquisition of Approximately 4 Million Shares of Common Stock
Issued Thursday May 21, 9:50 am ET
SAN DIEGO, CA--(MARKET WIRE)--May 21, 2009--Unico,
Incorporated (OTC BB: UNCO), a natural resource company in the precious metals
mining sector, today announced that C. Wayne Hartle,
who serves on the company?s Board of Directors and holds the position of
Corporate Secretary, has acquired approximately 4 million additional shares of Unico, Inc. common stock.
The acquisition was reported on a Form 4 Statement of Change in Beneficial
Ownership of Securities filed with the Securities and Exchange Commission on
May 18, 2009. The Form 4 can be viewed by clicking the ?SEC Filings? link
at http://www.unicomining.com./IR/investorrelations.php.
The Form 4 reported that on May 1, 2009, Mr. Hartle
acquired an additional 2,458,798 shares at a price of $0.0025. On May 8,
2009, Mr. Hartle acquired another 1,500,000 at a
price of $0.004, bringing the total number of common shares that he owns to
5,315,014.
?I feel confident that the planned next steps at the Deer Trail Mine will move
the project forward, and I am happy to take this opportunity to acquire
additional shares of common stock at this time,? stated Mr. Hartle.
Unico, Inc. recently reported that the company
intends to add an additional step to the processing of gold (Au) and silver
(Ag) at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. The company?s metallurgical
engineer has developed an economical solution, and engineering work is
currently being conducted to finalize the design and blueprints. Once
completed, the company expects to begin extracting silver and gold from its
recently produced concentrate using an alternative processing method.
The final product is expected to consist of gold and silver bullion. Results
of on-site metallurgical test work have led the company to pursue the
alternative method of recovering the precious metals contained in the sulfide concentrate produced at the Deer Trail mill.
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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