Lincoln Gold Mining Inc. (TSXV:LMG) acquired Shawinigan Nickel, Copper and Cobalt Property in Shawinigan, Quebec, Canada for CAD 0.86 million effective May 4, 2021. Under the terms of the Agreement, the Company will pay the Optionor a total of CAD 380,000 and issue a total of 2,100,000 shares over the course of 5 years. Lincoln also agreed that should a future independent technical report, prepared in accordance with National Instrument 43-101 standards, confirm the existence of mineral reserves and resources on the Property that the Company will issue an additional 500,000 common shares. Lincoln will have the right to buy down the royalty to 1% for $1,500,000(CAD 1,879,230) The Agreement is subject to the approval of the TSX Venture Exchange.

Lincoln Gold Mining Inc. (TSXV:LMG) cancelled the acquisition of Shawinigan Nickel, Copper and Cobalt Property in Shawinigan, Quebec, Canada Subsequent to the six months ended June 30, 2023.