Unico, Inc. announced that C. Wayne Hartle, who serves on the company’s Board of Directors and holds the position of Corporate Secretary, has acquired approximately 4 million additional shares of Unico, Inc. common stock. According to an SEC Filing, on May 1, 2009 Mr. Hartle acquired an additional 2,458,798 shares at a price of $0.0025. A week later, Mr. Hartle acquired another 1,500,000 at a price of $0.004, bringing the total number of common shares that he owns to 5,315,014.
“I feel confident that the planned next steps at the Deer Trail Mine will move the project forward, and I am happy to take this opportunity to acquire additional shares of common stock at this time,” commented Mr. Hartle.
In the press release, Unico, Inc. reminded investors that it plans to add an additional step to the processing of gold (Au) and silver (Ag) at the mill and processing facility at the Deer Trail Mine in Marysvale, Utah. Engineering work is currently underway to finalize the design and blueprints. Once finished, the company anticipates extracting silver and gold from its recently produced concentrate using an alternative processing method.
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