Lincoln Gold Announces Intention to Close Second Tranche of Private Placement Financing

Core Points - Lincoln Gold Mining Inc. plans to close a second tranche of its non-brokered private placement financing on August 11, 2025, aiming to raise gross proceeds of up to $1,014,400 through the issuance of 6,762,666 units at a price of $0.15 per unit [1][2][3] Group 1: Financing Details - Each unit will consist of one common share and one-half of a non-transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at a price of $0.35 for 24 months [2] - The proceeds from the second tranche will be used for general administrative expenses and to advance the Bell Mountain Project towards production, as well as to complete production permitting at the Pine Grove Project [3] Group 2: Regulatory and Compliance Information - All securities issued under the second tranche will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable securities laws [3] - The second tranche remains subject to final approval from the TSX Venture Exchange [5] Group 3: Company Overview - Lincoln Gold is a Canadian precious metals development and exploration company based in Vancouver, BC, with interests in the Bell Mountain gold-silver property and the Pine Grove gold property, both located in the Walker Lane mineral belt [6]