Lincoln Gold Mining Inc. is pleased to announce a non-brokered private placement offering of up to 6,400,000 units of the Company at a price of $0.10 per Unit to raise gross proceeds of up to $640,000. Net proceeds from the Private Placement will be primarily used towards a pre-feasibility study and the final stages of the permitting process for the Company's Pine Grove Gold Project in Nevada and for general working [...]
Lincoln Gold Mining Inc. is very pleased to announce that it has entered into a binding letter agreement with Goldcliff Resource Corporation to purchase back their current earn-in joint venture interest in the Pine Grove Gold Project for the consideration of USD $200,000 in cash and 2,750,000 common shares of Lincoln. Details of the Pine Grove Letter Agreement were announced in a news release dated August 9, 2016. This [...]
Lincoln Mining Corp. reports that it is contemplating both a name change and a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every ten pre-consolidated common shares. Currently, a total of 80,645,950 common shares of the Company are issued and outstanding and after the Consolidation, the Company will have approximately 8,064,595 issued and outstanding [...]
Lincoln Mining Corp. announces that following a recent review of all available data regarding the Pine Grove Gold Project, including in particular, the results of its most recent surface drill program, it has updated the mineral resource estimate for the Property. The updated resource estimate will be included in the permitting process as the project advances towards production. The updated mineral resource estimate for [...]
Lincoln Mining Corp. reports that further to the Company's news release dated March 4, 2019 announcing that pursuant to the Oro Cruz Letter Agreement dated February 28, 2019, the Company, through its subsidiary Lincoln Gold US Corp., granted Demerara Gold Corp., a non-reporting British Columbia company and Bell Mountain Exploration Corp., a non-reporting Nevada company that is a subsidiary of Eros Resources Corp. , the [...]
Lincoln Mining Corp., TSX-V: LMG is pleased to announce as of today the appointment of Mr. Shing Lee as a director of the Company. Mr. Shing Lee is Executive Director, Vice-Chairman of the Board and Chief Executive Officer of Wuling Motors Holdings Limited, a public company listed on the Main board of the Stock Exchange of Hong Kong Limited and engages in the businesses of manufacturing and trading of engines and parts [...]
Lincoln Mining Corp., TSX-V: LMG reports that Mr. Kevin Nishi, CA, has tendered his resignation as a Director of the Company. The reason for Mr. Nishi's resignation is to avoid a potential conflict of interest that may arise from the Company's recent announcement of an option and joint venture agreement related to the Oro Cruz property . The Board of Directors wish to thank Mr. Nishi for his invaluable contribution and [...]
Paul Saxton, President of Lincoln Mining Corp., TSX-V: LMG is pleased to announce that pursuant to an Oro Cruz Letter Agreement dated February 28, 2019, the Company, through its subsidiary, Lincoln Gold US Corp. , granted to Demerara Gold Corp. , a non-reporting British Columbia company, and Bell Mountain Exploration Corp. , a wholly-owned subsidiary of Eros Resources Corp., the right to enter into a formal Option and [...]
Lincoln Mining Corp., TSX-V: LMG announces it is arranging an agreement with an arm's length creditor pursuant to which Lincoln plans to issue up to 400,000 common shares and 400,000 share purchase warrants to settle indebtedness of up to $20,000. The Shares issued will be at a deemed price of $0.05 per share, and each Warrant entitles the holder to purchase one common share at a price of $0.08 per share until April 26 [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG is pleased to announce that it has closed its previously announced non-brokered private placement. The Company issued a total of 6,000,000 units at a price of $0.05 per unit for total gross proceeds of $300,000. Each Unit is comprised of one common share of the Company and one non-transferable common share purchase warrant . Each Warrant entitles the holder [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG is pleased to announce that the Editorial Board of Mergent, Inc. has approved the Company for a listing in Mergent Manuals and News Reports™ . Lincoln’s corporate profile in the Manual, which includes descriptive text data as well as news and financial statements, will be accessible via Mergent’s online and printed products. As part of Mergent’s listing [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG is pleased to announce that its U.S. subsidiary, Lincoln Resource Group Corp., has submitted a Mine Plan of Operations to the United States Forest Service, Humboldt-Toiyabe National Forest on May 15, 2018. The PoO was compiled by Welsh Hagen Associates of Reno, Nevada and incorporated data and information from a number of consulting companies that are working [...]