Lincoln Gold Announces Intention to Close Second Tranche of Private Placement Financing
Suite 400 – 789 West Pender Street
Vancouver, BC, V6C 1H2
Tel: 604-688-7377
Web: www.lincolnmining.com
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES
Lincoln Gold Announces Intention to Close Second Tranche of
Private Placement Financing
Vancouver, BC, August 1, 2025 – Lincoln Gold Mining Inc. (TSX.V: LMG) (“Lincoln Gold” or the
“Company”) is pleased to announce that, further to its news releases dated June 5, 2025, July 9, 2025 and
July 16, 2025, the Company intends to close a second tranche (the “ Second Tranche ”) of its previously
announced non-brokered private placement financing (the “Private Placement”) on August 11, 2025, or such
later date as the Company may determine. The Company intends to raise gross proceeds of up to $1,014,400
through the issuance of 6,762,666 units of the Company (each, a “Unit”) at a price of $0.15 per Unit.
Each Unit will consist of one common share in the capital of the Company (a “ Common Share”) and one-
half of one non-transferable Common Share purchase warrant (each whole warrant, a “ Warrant”). Each
Warrant will entitle the holder to purchase one additional Common Share at a price of $0.35 for a period of
24 months from the date of issuance thereof.
Paul Saxton, President & CEO states: “The Company intends to use the proceeds from the Second Tranche
for general administrative expenses while moving toward the Company’s goals of bringing the Bell
Mountain Project into production and completing the production permitting at the Pine Grove Project.”
All securities issued pursuant to 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. Finder’s fees may be payable to
qualified individuals comprised of Common Shares, Warrants, cash or any combination thereof.
None of the securities to be sold under the Second Tranche will be registered under the United States Securities
Act, as amended, and no such securities may be offered or sold in the United States absent registration or an
applicable exemption from the registration requirements. This news release shall not constitute an offer to sell
or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or any
jurisdiction in which such offer, solicitation or sale would be unlawful.
The Second Tranche and any subsequent tranches remain subject to the final approval of the TSX Venture
Exchange.
About Lincoln Gold Mining Inc.:
Lincoln Gold is a Canadian precious metals development and exploration company headquartered in
Vancouver, BC. The Company holds interest in the Bell Mountain gold-silver property that is fully permitted
and moving to production and a second larger project, the Pine Grove gold property which is in the final stages
of permitting. The two gold projects are within 61 air miles of each other, located in the highly prospective
Walker Lane mineral belt, known for its numerous gold and silver deposits. Lincoln is committed to
maintaining steady and robust progress towards its goal of becoming a mid-tier gold producer.
Lincoln Gold Mining Inc.
“Paul Saxton”
President & CEO
Phone 604 688 7377
Direct 604 961 5252
Email: [email protected]
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.
Cautionary Note Regarding Forward-Looking Statements
This release includes certain statements and information that may constitute forward-looking information within the meaning of
applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the
expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and
information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such
words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or "occur". This
information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the
date of this news release and include without limitation, statements regarding discussions of future plans, estimates and forecasts
and statements as to management's expectations and intentions with respect to, among other things: the receipt of regulatory
approvals with respect to the Second Tranche, the use of proceeds from the Second Tranche, and the securities offered under the
Second Tranche.
These forward‐looking statements involve numerous risks and uncertainties, and actual results might differ materially from results
suggested in any forward-looking statements. These risks and uncertainties include, among other things: delays in obtaining or
failure to obtain required regulatory approvals for the Second Tranche, that the Company will not use the proceeds of the Second
Tranche as currently anticipated, and the inability of the Company to raise the anticipated proceeds under the Second Tranche.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including
without limitation, that the Company will receive regulatory approval with respect to the Second Tranche, that the Company will
use the proceeds of the Second Tranche as currently anticipated and that the Company will complete the Second Tranche.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially
from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results
not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such
information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement,
forward-looking information or financial outlook that are incorporated by reference herein, except in accordance with applicable
securities laws. We seek safe harbor.