Vancouver, British Columbia - Lincoln Mining Corp. and its wholly owned subsidiary Lincoln Gold US Corp. are pleased to announce that they have entered into a Purchase Option Letter Agreement to re-acquire a 100% interest in the Hercules claims from ADGIS, Inc. of Reno, Nevada. The Hercules claims consist of 20 lode claims covering the Oro Cruz pit and gold deposit in Imperial County, California. The Oro Cruz property now [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG announces its plans to arrange for a non-brokered private placement of up to 8,000,000 units at a price of $0.05 per unit for total proceeds of up to $400,000.00 . Each Unit will be comprised of one common share of the Company and one non-transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG announces that its subsidiary, Lincoln Resource Group Corp. and Goldcliff Resources Inc., a wholly owned subsidiary of Goldcliff Resources Corporation , together referred to as , are pleased to provide an update on the mine permitting progress at the Pine Grove gold project in Lyon County, Nevada. The Pine Grove project is being permitted as a 3,000 ton per [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG announces that its subsidiary, Lincoln Gold US Corp. , has terminated the option it granted to Ausgold Resources Pty. Ltd. on May 9, 2017 on Lincoln US' Oro Cruz property as a consequence of Ausgold not satisfying its obligations under the option agreement. Lincoln retains the property in good standing. Lincoln Mining Corp. is a Canadian precious metals [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement , which was over-subscribed. Lincoln issued 1,420,000 units under the second and final tranche, for a total of 14,841,904 units issued under the private placement at a price of $0.05 per unit for gross proceeds of $742,095.20. Each [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement , which was over-subscribed. The Company issued a total of 13,421,904 units at a price of $0.05 per unit for gross proceeds of $671,095.20. Each Unit is comprised of one common share of the Company and one non-transferable common share [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG announces its plans to arrange for a non-brokered private placement of up to 12,500,000 units at a price of $0.05 per unit for total proceeds of up to $625,000 . Each Unit will be comprised of one common share of the Company and one non-transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional common share of [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG announces that is has completed its previously announced shares for debt transaction. At the closing, Lincoln issued 11,285,513 shares at a deemed issue price of $0.085 per share to settle indebtedness of $959,268.92 in respect of certain related parties of the Company and Lincoln issued 1,744,242 shares at a deemed issue price of $0.05 per share to settle [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG announces it is arranging agreements with numerous creditors pursuant to which Lincoln plans to issue up to 13,029,755 shares to settle indebtedness of up to $1,046,481, at a deemed issue price of $0.085 per share in respect of certain related parties of the Company and at a deemed issue price of $0.05 for the balance. The issuance of the shares remains [...]
Vancouver, British Columbia - Lincoln Mining Corp., TSX-V: LMG is pleased to provide an update on the permitting progress for its Pine Grove property in Nevada. On August 22, 2017, the Company announced that it had engaged a team of consultants to assist it through the permitting process for the Pine Grove project. The permitting process is under the direction of Del Fortner, Director of Permitting and Environmental [...]
Vancouver, British Columbia (FSCwire) - Lincoln Mining Corp., TSX-V: LMG (“Lincoln” or the “Company”) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement. The Company issued a total of 3,100,000 units at a price of $0.05 per unit (“Units”) for total gross proceeds of $155,000. Each Unit is comprised of one common share of the Company and one [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 22, 2017) - Lincoln Mining Corp. (TSX VENTURE:LMG) ("Lincoln" or the "Company") is pleased to provide an update on progress at its Pine Grove property in Nevada. Lincoln is encouraged by the results of the most recent PEA and will begin advancing the Pine Grove project (the "Project") towards production and as such will focus the majority of its efforts in permitting the [...]
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