Press Release Summary: With the continuing decline of the U.S. dollar and both gold and silver having appreciated over 200% since 2002, Unico is poised to show enormous growth in the immediate future. The ever-increasing demand in the multi-trillion-dollar precious metals market is what Unico is looking to capitalize on.
Press Release Body: Unico, Inc. (UCOI) -- Unico, Incorporated, a natural resource company in the PRECIOUS METALS MINING sector, is pleased to announce that it has begun trading under the symbol of UCOI.
Unico (www.unicomining.com) is a publicly traded company 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. Metals at the Deer Trail Mine in Marysvale, Utah alone were estimated to be worth $333,476,000 in 2002, since which time gold and silver prices have tripled. The company has also announced agreements to acquire over 70 additional mining claims.
The following update was recently issued:
"Now that the construction work on the mill and processing facility is nearly complete and we are approaching operational status, we are confident that Unico will soon be proven to be undervalued and we will be able to capture a significant market share in a sector in the midst of a long-term upward trend. With the continuing decline of the U.S. dollar and both gold and silver having appreciated over 200% since 2002, Unico is poised to show enormous growth in the immediate future. The ever-increasing demand in the multi-trillion-dollar precious metals market is what Unico is looking to capitalize on."
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About Unico, Inc. Unico, Inc. (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.
Web Site: http://www.unicomining.com/
Contact Details: Unico, Inc. 8880 Rio San Diego Drive, 8th Floor San Diego, California 92108
2022
