Lincoln Gold Mining is pleased to announce that in response to strong investor demand the Company has increased the size of the Company's previously announced non-brokered private placement from up to $750,000 to up to $862,500. Under the upsized Offering, the Company will issue up to 3,450,000 units of the Company at a price of $0.25 per Unit, for aggregate gross proceeds of up to $862,500. The Company previously closed [...]
The board of directors of Lincoln Gold Mining announce that Mr. Andrew F. B. Milligan, will retire as a director of the Company effective May 31, 2024. Mr. Milligan has served as a Director of the Company, as Chairman of the Board, and also on various corporate committees, since he became a director of the Company on its incorporation in December 2006. Mr. Milligan holds a Master's degree in Economics from Glasgow [...]
Lincoln Gold Mining is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement, whereby the Company has completed the issuance of 824,000 units at a price of $0.25 per Unit for gross proceeds of $206,000. With this, the Company is well positioned to fund the essential update of Bell Mountain's Preliminary Economic Assessment and address general working capital [...]
Lincoln Gold Mining is pleased to announce a non-brokered private placement financing for gross proceeds of up to $750,000 through the issuance of 3,000,000 units of the Company at a price of $0.25 per Unit . Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one additional Common Share at a price of [...]
Lincoln Gold Mining is pleased to provide an update on its previously announced acquisition of the assets comprising the Bell Mountain Project. This update follows the Company's news releases dated August 10, Oct 27, Nov 6, 2023, Jan 5, 2024, and March 15, 2024 pertaining to the Transaction. The Transaction is governed by a purchase agreement dated Nov 3, 2023, as amended on January 8, 2024, and March 15, 2024, between [...]
Lincoln Gold Mining Inc. is pleased to provide an update further to its news releases dated August 10, 2023, October 27, 2023 and November 6, 2023 , on its previously announced acquisition of the assets that comprise the Bell Mountain Project located in Churchill County, Nevada pursuant to a purchase agreement dated November 3, 2023 between Lincoln Resource Group Corp., a wholly-owned subsidiary of the Company, Eros [...]
Lincoln Gold Mining Inc. is pleased to provide an update on its proposed acquisition of the Bell Mountain project from Eros Resources Corp. . Further to the Company's news release dated August 10, 2023, the Company and Eros entered into a non-binding letter of intent pursuant to which the parties agreed to negotiate the terms of a definitive agreement providing for the acquisition of the Project by the Company. The [...]
Lincoln Gold Mining Inc. reports that the Information Circular and all proxy-related materials have been sent to all registered shareholders entitled to vote at the Annual General Meeting to be held at 11:00 am Pacific Daylight Time on Friday, October 27, 2023. As permitted by the Company's Articles, and in accordance with the recommendations of public health officials, the Company will not hold a physical meeting, but [...]
Eros Resources Corp. and Lincoln Gold Mining Inc. are pleased to announce that the companies have signed a non-binding Letter of Intent to begin negotiations for Lincoln to acquire the Bell Mountain project from Eros. As a result of the proposed transaction, Eros. will acquire shares in Lincoln. The leadership team at Eros is optimistic about the potential outcomes of this strategic move, believing that the transformation [...]
Lincoln Gold Mining Inc. and Eros Resources Corp. are pleased to announce that the companies have signed a non-binding Letter of Intent to begin negotiations for Lincoln to acquire the Bell Mountain project from Eros. As a result of the proposed transaction, Eros will acquire shares in Lincoln. Management of both companies believe that this collaboration will unlock new growth opportunities for both companies, as the [...]
Lincoln Gold Mining Inc. is pleased to announce that following its previous news release on May 3, 2023, it has received approval to issue 9,886,364 units to settle $1,680,681.88 of debt to various creditors . Under the terms of the Debt Settlement, the Company will now issue 9,886,364 Debt Units of the Company to individuals who had loaned funds to the Company and to individuals for services rendered which were [...]
Lincoln Gold Mining Inc. announces that, subject to regulatory approval, it intends to settle up to $3,007,290 of debt through debt settlement agreements, by issuing $0.17 units of the Company, each Debt Unit being comprised of one common share of the Company and one common share purchase warrant , with each Debt Unit Warrant being exercisable for an additional common share of the Company at $0.35 for 36 months. About [...]
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