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 [...]
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 [...]