UNITY ENERGY CORP. CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

UNITY ENERGY CORP. CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT

Published on: October 25, 2018

Vancouver, Canada – October 25, 2018 – Unity Energy Corp. (the “Company”) (TSXV: UTY) is pleased to announce that it has closed an initial tranche of its non-brokered private placement for gross proceeds of $271,800. In connection with closing of this tranche, the Company issued 3,020,000 units (each, a “Unit”) at a price of $0.09 per Unit. Each “Unit” consists of one common share and one transferrable common share purchase warrant exercisable at a price of $0.13 for a period of thirty-six months.

No finders’ fees or commissions were paid in connection with closing of this initial tranche of the placement. All securities issued in connection with the placement are subject to a four-month-and-one-day statutory hold period. The Company anticipates closing a further tranche of the placement and will provide additional information regarding this final tranche as soon as it becomes available.

About the Company

Unity Energy Corp. is a Vancouver- based gold exploration company and for more information, contact the Company at (604) 681-0004 or visit www.unityenergycorp.com.

On behalf of the Company,

Peter Born, President

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