Unico, Incorporated to announce the Receipt of an Additional $235,000 in Funding From Moore Investment Holdings, LLC

Unico, Incorporated, a natural resource company in the precious metals mining sector, has recently published a report saying that the company has 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.

The funding is being utilized to continue upgrades and improvements to the floatation circuit at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Unico’s wholly owned subsidiary, Deer Trail Mining Company, LLC, recently announced the completion of the floatation circuit at the mill and processing facility at the Deer Trail Mine. Repairs and improvements have recently been undertaken in order to facilitate more effective and efficient operations at the mill, and the company looks forward to the next steps at the facility, which are expected to include the production of concentrates.

The $235,000 in funding includes convertible debentures of $10,000 dated July 14, 2008; $25,000 dated July 16, 2008; $100,000 dated July 18, 2008; and $100,000 dated July 23, 2008.

Unico, Inc. is a publicly traded natural resource company in the precious metals mining sector that is focused on the exploration, development and production of gold, silver, lead, zinc, and copper concentrates at its two mine properties: the Deer Trail Mine and the Silver Bell Mine. The company has also announced agreements to acquire over 70 additional mining claims including the Clyde and Crown Point mining claims. In August 2007, Unico announced that its wholly owned Deer Trail Mining Company subsidiary had completed the purchase of the Deer Trail Mine from Crown Mines, LLC.

Source: Unico, Inc.