Sandy Lake Gold Inc. is pleased to announce that it proposes to increase its previously announced non-brokered private placement financing, to now provide for the issuance of up to 27,500,000 units at a price of $0.10 per Unit; and up to 10,000,000 flow-through common shares at a price of $0.16 per FT Share, for aggregate gross proceeds of up to $4,350,000.00 . Each Unit shall be comprised of one common share in the
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