Unity Closes $155,600.50 Non-Brokered Private Placement
#313-515 W est Pender Street, Vancouver, BC Canada V6B 6H5
www.unityenergycorp.com
UNITY CLOSES $155,600.50 NON-BROKERED PRIVATE PLACEMENT
September 28, 2017 — Unity Energy Corp., (TSX.V:UTY) (“Unity” or the “Company”) is pleased to announce that it has closed a private placement for a total gross proceeds of $155,600.50. The Company issued a total of 1,414,550 non-flow through common shares at a price of $0.11 per share.
Ms. Anita Algie, President and Director of the Company, participated in this placement subscribing for 150,000 common shares, as well as Dr. Peter Born P.Geo., Director of the Company, subscribing for 93,750 common shares, and Director and Chief Financial Officer Mr. Richard Ko, subscribing for 40,800 common shares.
The Company received TSX Venture Exchange approval on September 26, 2017. All securities issued in connection with the offering will be subject to a statutory hold period of four months plus a day from the date of issuance, in accordance with applicable securities legislation.
Proceeds from the offering will be used for general working capital and corporate purposes. No finder’s fees were paid.
For more information, contact the Company at 604-681-0004 or visit www.unityenergycorp.com
On Behalf of the Board of Directors of Unity Energy Corp.
Anita Algie Anita Algie B.Sc. Hon, President
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.