TORONTO, ONTARIO--(Marketwire - Jan. 19, 2012) - Unigold Inc. ("Unigold") (TSX VENTURE:UGD) has granted 75,000 options to an employee providing investor relations services to the Company. These options have been granted pursuant to Unigold's Stock Option Plan, have a term of five years and are exercisable at a price of $0.32 cents per share. The options vest on a quarterly basis over a 12-month term.

About Unigold Inc. - Discovering Gold in the Caribbean

Unigold is a growth-oriented junior natural resource company, focused primarily on exploring and developing its gold assets in the Dominican Republic - a country which is highly prospective for gold mineralization.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:

Unigold Inc.
Mr. Andrew Cheatle
President and CEO
+1 (416) 866-8157