May 11 (Reuters) - Unigold Inc UGD.V
* Unigold inc says has increased size of its previously
announced private placement, disclosed in a press release dated
may 2, 2016, from c$2.5 million to c$4 million
* Proceeds from increased offering will be used to fund
company's continued exploration and development of its gold
assets in dominican republic
* Under increased offering, company may issue up to about
13.3 million units of company at a price of c$0.30 per unit
* Unigold announces increase to brokered private placement
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