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LMG Lincoln Gold Mining Inc

0.245
0.00 (0.00%)
31 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Lincoln Gold Mining Inc TSXV:LMG TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.245 0.24 0.25 0 01:00:00

Lincoln Mining Receives $300,000 Loan

30/09/2013 10:55pm

Marketwired Canada


Lincoln Mining Corporation, (TSX VENTURE:LMG) ("Lincoln" or the "Company")
announces that it has received a C$300,000 demand loan (the "Loan") from James
Dales, a director of the Company, to fund Lincoln's current working capital
requirements. The Loan bears interest at 10% per annum, calculated and payable
on the first day of each month, commencing September 27, 2013.  Under the terms
of the Loan, the Company has granted Mr. Dales a security interest in the
Company's portion of the proceeds from any future sale of the La Bufa property
(see news release of June 4, 2013 for further details).


Lincoln Mining Corp. is a Canadian precious metals exploration and development
company with several projects in various stages of exploration and development
which include the Pine Grove and Bell Mountain gold properties in Nevada, the
Oro Cruz gold property in California and the La Bufa gold-silver property in
Mexico. In the United States, the Company operates under Lincoln Gold US Corp.
and Lincoln Resource Group Corp. both Nevada corporations. The Company's United
States operations remain subject to an order issued by the Committee on Foreign
Investment in the United States, as disclosed in the Company's news release
dated June 18, 2013. 


On behalf of Lincoln Mining Corporation  

Paul Saxton, President & CEO 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


This press release includes forward-looking statements or information. All
statements other than statements of historical fact included in this release,
including without limitation, statements regarding the potential development of
Lincoln's properties, and other future plans, objectives or expectations of the
Company, involve various risks and uncertainties. Important factors that could
cause actual results to differ materially from the Company's plans or
expectations include risks relating to actual exploration results, impairment or
loss of the Company's rights in respect of the properties; availability of
capital and financing, general economic, market or business conditions,
timeliness of government or regulatory approvals and other risks detailed herein
and from time to time in the filings made by the Company with securities
regulators. The Company makes all reasonable efforts to update its corporate
material on a timely basis. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lincoln Mining Corporation
Investor Relations
604-688-7377
604-688-7307 (FAX)
www.lincolnmining.com

1 Year Lincoln Gold Mining Chart

1 Year Lincoln Gold Mining Chart

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1 Month Lincoln Gold Mining Chart