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Latest Unico Inc. Stories

2008-09-08 12:00:30

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the receipt of an additional $300,000 in financing through the sale of two new convertible debentures to Moore Investment Holdings, LLC, a Nevada limited liability company. The $300,000 in financing received includes one convertible debenture in the amount of $200,000 dated August 7, 2008 and another debenture in the amount of $100,000 dated August 25, 2008. The funding...

2008-08-21 12:01:12

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the recent progress of underground rehabilitation work at the Deer Trail Mine in Marysvale, Utah. The Deer Trail Mine is operated by Unico's wholly owned Deer Trail Mining Company subsidiary. The Deer Trail Mining Company has reported that rehabilitation work on the upper Deer Trail Mine #3 tunnel has begun. The #3 tunnel was used between 1915 and 1942 as a way to extract...

2008-08-18 15:00:53

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today issued a statement regarding a press release issued by Krause Kalfayan Benink and Slavens, LLP, a law firm located in San Diego, California on August 15, 2008. The press release stated that Krause Kalfayan Benink and Slavens, LLP had filed a derivative lawsuit against Unico's officers and directors. Mark A. Lopez, chief executive officer of Unico, Inc., commented, "While management has...

2008-07-29 12:01:02

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the receipt of an additional $235,000 in financing through the sale of four new convertible debentures to Moore Investment Holdings, LLC, a Nevada limited liability company. Details of the financing are included in a Form 8-K filed with the Securities and Exchange Commission on July 28, 2008. The funding is being utilized to continue upgrades and improvements to the...

2008-07-25 15:00:54

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced that on July 21, 2008, chairman Ray C. Brown purchased 39,768 shares of Unico common stock at a price of $0.096 per share. The purchase brings the total number of common shares that Mr. Brown owns to 72,223. Mr. Brown's purchase is reflected in a Form 4 Statement of Change in Beneficial Ownership of Securities filed with the Securities and Exchange Commission on July 24,...

2008-07-16 09:01:00

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the release of the company's July 2008 investor newsletter, which updates recent activities at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. A PDF version of the July 2008 newsletter has been added to the company's website at http://www.unicomining.com./news/newsletters.php, and an email notification of the newsletter's release will be sent to...

2008-07-10 09:01:07

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced additional improvements and repairs that have been made as a result of testing of the completed floatation circuit at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. During an extended period of operation, it was noted that the balance of feed being pumped to the Krebs Cyclone was unsustainable. After contacting Krebs, the manufacturer of the...

2008-07-03 09:00:58

Unico, Incorporated (OTCBB: UNCO), a natural resource company in the precious metals mining sector, today announced the receipt of an additional $95,000 in financing through the sale of three new convertible debentures to Moore Investment Holdings, LLC, a Nevada limited liability company. The funding has been targeted toward upgrades and improvements to the floatation circuit at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. The $95,000 in funding includes...

2008-06-30 09:03:12

Unico, Incorporated (OTCBB: UCOI), a natural resource company in the precious metals mining sector, today announced a reverse split of its issued and outstanding common stock on the basis of one share of common stock to be issued for each 500 shares issued and outstanding. Unico has been assigned a new stock symbol and will now trade under the symbol (OTCBB: UNCO). As a result of the reverse stock split, Unico has approximately 9,851,342 shares of common stock issued and outstanding,...

2006-07-20 09:01:01

Unico, Incorporated (OTCBB: UNCN), a natural resource company in the precious metals mining sector, today announced that Deer Trail Mining Company, LLC, a wholly owned Unico subsidiary, has reached an agreement with PacifiCorp, which supplies more than 1.6 million customers with energy and has more than 8,400 megawatts of generation capacity, to perform design and engineering services related to the construction of an electrical substation at the Deer Trail Mine and processing facility in...


Word of the Day
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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