Thursday, September 18, 2025

Latest

Lincoln Gold Announces $750,000 Financing

Lincoln Gold Mining Inc. (TSXV: LMG) today announced a non-brokered private placement offering of up to 4,167,000 units of the company priced at $0.18 per unit. The offering is anticipated to raise gross proceeds of up to $750,000.

Each respective unit will consist of one common share in the capital of Lincoln and one common share purchase warrant. Each warrant entitles the bearer to purchase one additional common share at a price of $0.25 for a period of 36 months from the closing of the private placement.

The net proceeds from the offering will be primarily used for the final stages of the permitting process for the company’s Pine Grove Gold Project in Nevada, exploration and water well drilling, as well as for general working capital purposes.

The release offered no mention of the private placements closing date.

Lincoln Gold Mining Inc. last traded on the TSX Venture at $0.22.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

The Pure Silver Set Up! | Joaquin Marias – Argenta Silver Corp

Why $30,000 Gold Isn’t Crazy! | Simon Marcotte – Northern Superior

2026 Could Be Gold’s Biggest Year Yet!? | Ryan King – Equinox Gold

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Gold Overtakes Euro As Second Largest Global Reserve Asset, Driven by Central Bank Demand

Gold has surpassed the euro to become the world’s second-largest reserve asset by market value,...

Wednesday, June 11, 2025, 12:57:00 PM

Dynacor Increases 2021 Revenues Guidance To As High As US$190 Million

Dynacor Gold Mines (TSX: DNG), whom is a gold processor with its primary operations based...

Wednesday, September 22, 2021, 08:20:25 AM

Global De-Dollarization Trend to Push Central Bank Gold Demand to Record Highs

As the pandemic continues to ravage the US economy, the Federal Reserve has tightly adhered...

Wednesday, October 7, 2020, 02:52:00 PM

Banyan Gold Intersects 1.39 G/T Gold Over 41.7 Metres At AurMac

Banyan Gold Corp. (TSXV: BYN) announced today the diamond drill results from the 2020 exploration...

Wednesday, April 21, 2021, 09:42:54 AM

Centerra Gold Reveals Seized Kumtor Mine Flooded At Hazardous Level, Local Operator Disputes

On Tuesday, Centerra Gold Inc. (TSX: CG) disclosed aerial documentation of the seized Kumtor gold...

Wednesday, September 1, 2021, 05:25:00 PM