Lincoln Gold Mining Inc. announced a non brokered private placement to issue 3,000,000 units at an issue price of CAD 0.25 per unit for the gross proceeds of CAD 750,000 on March 21, 2024. Each Unit will consist of one common share and and one-half of one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one additional Common Share at a price of CAD 0.50 per Warrant Share for a period of 12 months from the closing of the Private Placement.

All securities issued with respect to the Private Placement will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable securities laws. Closing of the Private Placement is subject to all necessary regulatory approvals, including the TSXV.