Feb 19 (Reuters) - Sandy Lake Gold Inc SLAU.V :
* SANDY LAKE GOLD INC. ANNOUNCES PRIVATE PLACEMENT INCREASE
* SANDY LAKE GOLD INC - PRIVATE PLACEMENT FINANCING NOW PROVIDES FOR ISSUANCE OF UP TO 27.5 MILLION UNITS AT $0.10/UNIT
* SANDY LAKE GOLD INC - PRIVATE PLACEMENT FINANCING TO ALSO PROVIDE FOR UP TO 10 MILLION FLOW-THROUGH COMMON SHARES AT $0.16 PER FT SHARE
* SANDY LAKE GOLD INC - GROSS PROCEEDS FROM PRIVATE PLACEMENT FINANCING NOW UP TO $4.35 MILLION