United Commodity Becomes a Leader of Surface Metal Tailing Treatment in North America with Strong Demand Starting in 2015 – SISM Increases Price Target to €37.00

Ernst C. Schlotter, a senior analyst with Zurich, Switzerland-based SISM Research and a four star analyst according to Reuter’s StarMine, released his valuation updates on United Commodity (STU:3UI1.SG) increasing SISM’s 12 to 18 months price target to €37.00 per share.

SISM Report

"In December 2013 UC received a grant of $1 million from the Ontario government’s Ministry of Northern Development and Mines for the groundwork in the Yukon refinery as well as for job creation. Just recently, the Company reported to have entered into a Memorandum of Understanding (MOU) to form a potential partnership with Gowest Gold Ltd. (TSX VENTURE: (GWA) (GWSAF) to process concentrate from there Bradshaw Gold Deposit located in the prolific Timmins, Ontario gold camp. This deal could become significant for both Companies, as Gowest would provide long-term feedstock to one of the UC facility and Gowest secures refining facility for their gold concentrate.

The Company currently processes approximately thirty tons of mine tailing concentrate in a 24-hour schedule 7 days a week operation with a small profit. The management believes to enhance further the recovery rate and to increase the production to sixties tonnes per day during the second half of 2014. Beside the Gowest deal, the Company is in negotiations with other very large Canadian mining companies to treat mine tailings and concentrates.

United Commodity believes in strong business activities starting 2015 and thereafter. To meet the estimated strong supply in concentrated mine waste the Company need to increase the daily production from current thirty tons per day to more than 100 tonnes by the end of 2016. In 2013 UC’s multiplication strategy began and the Company established United Commodity Tailing Recycling Facility AG to utilizes the UC-CRT® Technology in new plants planned in the Cobalt Area. UC will hold a fifty-one percent ownership in this entity after the last round of financing. UC-TRF is privately held and is raising money to build scalable recycling facilities. We increase our 12 to 18 months price target to €37.00 based on a conservative 2016 fourteen times EBITDA per share valuation. Our Speculative Buy rating for the stock is supported by estimated strong growth rates. We recommend the stock be purchased only by long-term investors who can tolerate above-average risk and understand the risk of an in-development stage environmental remediation and mining company.”

SISM Research

SISM Research http://www.sism.com is a private investment research firm, based in Zurich, Switzerland, offering independent, fundamental research on public companies since 1995. SISM Research publishes research on micro- to small-cap companies trading on the OTC, NASDAQ, AMEX and TSX stock exchanges. SISM research coverage platforms are geared toward institutional and individual investors in both North America and in Europe. SISM Research, as a member-provider of the FIRST Research Consortium http://www.investrend.com/FIRST , takes steps to ensure the independence and integrity of SISM’s published research that exceed those of the CFA Institute Code of Ethics and Standards of Professional Conduct and the CFA-NIRI Guidelines, by following the exacting "Standards for Independent Research Providers”, which are also in accordance with guidance set forth by U.S. Securities and Exchange Commission’s Advisory Committee on Smaller Public Companies.

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DISCLAIMER

Analyst Certification

I, Ernst C. Schlotter, research analyst and the author of this report, hereby certify that all of the views expressed in this research report accurately reflect my personal views regarding the subject issuers and securities. I also certify that no part of my compensation was, is, or will be directly or indirectly related to the specific views expressed in this report.

(Note: The Analyst Certification above is provided in recognition of Regulation AC, adopted by the United States Securities and Exchange Commission on February 20, 2003, and effective on April 14, 2003.While Regulation AC applies to "brokers, dealers, and associated persons S ISM Research, an equity research firm with no investment banking or securities trading operations, provides this Analyst Certification in the interest of full transparency and in the spirit of our commitment to balanced, non-recommendation research, analysis, and forecasting.)

The Analyst

Ernst C. Schlotter has been an analyst in the energy and mining field since 1998. He is a securities analyst covering energy and mining with SISM Research, Zurich, Switzerland. His areas of focus have included all energy and mining industry sub-sectors, with a focus on independent companies in exploration/production. According to the tracking firm StarMine based in San Francisco, Ernst C. Schlotter is a four out of five star analyst for EPS estimate accuracy and stock target price projection

Disclosure

SISM Research ("SISM”) is a research and analysis firm that produces company and industry research reports. This report is based on SISM’s independent analysis and judgment, but relies on materials supplied by the subject companies and other sources believed to be reliable. Except as otherwise indicated, SISM has made no independent verification and does not guarantee the information’s accuracy or completeness. The information in this report is subject to change without notice, and SISM assumes no responsibility to update the information contained in this report. This report should not be used as a complete analysis of the companies, industries or securities described in this report. The information contained in this report is not intended to be, and shall not constitute, an offer to buy any security. The securities of the subject companies may involve a high degree of risk and may not be suitable for all investors. Investors are advised to consult their personal broker or investment advisor before making any investment decision concerning the subject companies. This report contains forward-looking statements made pursuant to the safe harbor provision of the Private Securities Act of 1995. This information may involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements. No promise of favorable point of view or opinion has been made by SISM Research to United Commodity AG or to any of SISM’s subject companies. Neither SISM nor its principals, nor the assigned analyst own or trade shares of any of the subject companies. © SISM Research 2014. All rights reserved. Additional information is available upon request. No part of this report may be reproduced without the express written permission of SISM Research.