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Unico, Inc.: Unico, Inc. Chairman Reports Acquisition of Over 3.2 Million Shares of Common Stock

^{Published on 2009-06-19 06:12:14, Last Modified on 2009-06-19 06:13:29 - Market Wire}
 

SAN DIEGO, CA--(Marketwire - June 19, 2009) - Unico, Incorporated (OTCBB: [ UNCO ]), a natural resource company in the precious metals mining sector, today announced that Chairman Ray C. Brown has filed statements with the Securities and Exchange Commission reporting the acquisition of over 3.2 million shares of common stock and the subsequent gifting of approximately 1.1 million of those shares.

Mr. Brown's acquisition of shares was reported on two separate Form 4 Statements of Change in Beneficial Ownership of Securities filed on June 17, 2009. The Form 4 statements can be viewed by clicking the "SEC Filings" link on the Unico website at [ http://www.unicomining.com./IR/investorrelations.php ].

The first Form 4 filed by Mr. Brown reported that on June 10, 2009, he acquired 1,838,235 shares of Unico common stock at a price of $0.0136 per share. On the same date, Mr. Brown gifted 735,294 shares of common stock to C. Wayne Hartle, who serves on the company's Board of Directors and holds the position of Corporate Secretary. Mr. Hartle reported the acquisition of the shares gifted by Mr. Brown in a Form 4 statement filed on June 17, 2009. Mr. Brown also gifted 367,647 of his acquired shares to another individual.

The second Form 4 filed by Mr. Brown reported that on June 16, 2009, he acquired an additional 1,388,889 shares of Unico common stock at a price of $0.0144 per share. As a result of these acquisitions and the gifting of shares, Mr. Brown now owns 8,559,676 shares of Unico common stock.

"I am pleased to have made these recent acquisitions of Unico common stock at a time when the company is undertaking its program to pursue alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine," stated Mr. Brown. "I believe that the ongoing testing program being conducted in cooperation with Royal Mines And Minerals Corporation has the potential to increase the value that Unico will ultimately receive for the gold and silver contained in concentrate produced at the Deer Trail mill facility. I continue to support the job being done by Unico management and our staff out at the mine and look forward to additional advancements of our project at the site."

Over the past several months, the company has shipped numerous samples of material from the Deer Trail Mine in Marysvale, Utah to Royal Mines And Minerals Corporation for testing of Royal Mines' proprietary technology for the lixiviation of precious metals. More information on Royal Mines proprietary technology for the lixiviation of precious metals can be found at its website, [ www.royalmmc.com ].

Unico is pursuing alternative processing methods for the extraction of silver and gold from concentrate at the Deer Trail Mine. The purpose of this initiative is to develop the most economical process and achieve the highest recovery of precious metals possible from material produced at the site.

Shareholders who would like to sign up to receive information by email directly from Unico, Inc., including when newsletters 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. (OTCBB: [ 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.