New Issue: Unico concludes first tranche of $1 million PIPE for $599,000

By Sheri Kasprzak

New York, Jan. 18 - Unico, Inc. closed the initial tranche of a private placement for up to $1 million. The company has raised $599,000 so far.

In the first tranche, the company issued 42,785,700 shares at $0.014 each.

Based in San Diego, Unico is a precious metals mining company.

Issuer:	Unico, Inc.
Issue:	Stock
Amount:	$599,000
Shares:	42,785,700
Price:	$0.014
Warrants:	No
Settlement date:	Dec. 29 (for first tranche)
Stock symbol:	OTCBB: UCOI
Stock price:	$0.013 at close Dec. 29

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