Unico is excited to announce the approval of a Settlement Agreement dated November 13, 2009 in the case of Sullivan, et al v. Brown, et al filed in the San Diego Superior Court, Central Division. The entire action with prejudice has been dismissed.
"We are happy to be putting the uncertainty caused by this litigation behind us, so we can move forward and focus on the further development of our Deer Trail Mine property," commented Mark A. Lopez, President/CEO of Unico, Inc. "While always confident in our position, we believe that this settlement limits further litigation expense, inconvenience and distraction to key executive personnel and permits us to move into a more positive direction for the overall betterment of the company."
Best Damn Penny Stocks, a leading financial publication, is pleased to alert investors of stocks on the move. Sign Up for our Free Stock Newsletter
About Unico, Incorporated
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. Unico has also announced agreements to acquire over 70 additional mining claims in the area of the Deer Trail Mine including the Clyde and Crown Point mining claims.
Sign up for the free Best Damn Penny Stocks newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website
About Best Damn Penny Stocks
Best Damn Penny Stocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that are on the brink of a financial breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer
