Lincoln Gold Mining (TSE:LMG) has released an update.
Lincoln Gold Mining Inc. has increased its non-brokered private placement from $750,000 to $862,500 due to high investor demand, offering up to 3,450,000 units at $0.25 each, after closing a first tranche at $206,000. The additional funds are intended for general expenses and acquiring the Bell Mountain gold project, with re-allocation for other corporate uses if the acquisition does not proceed.
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