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Lincoln Gold Mining Extends Warrant Expiry to Bolster Financial Strategy

Story Highlights
  • Lincoln Gold Mining plans to extend the expiry dates of certain warrants by one year.
  • The extension supports Lincoln Gold’s strategic financial flexibility for ongoing projects.
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Lincoln Gold Mining ( (TSE:LMG) ) has issued an update.

Lincoln Gold Mining Inc. has announced its intention to extend the expiry dates of certain common share purchase warrants, originally issued in May and July 2024, by one year each. This extension, subject to TSX Venture Exchange approval, reflects the company’s strategic efforts to enhance its financial flexibility and support its ongoing development projects in the Walker Lane mineral belt.

More about Lincoln Gold Mining

Lincoln Gold Mining Inc. is a Canadian precious metals development and exploration company based in Vancouver, BC. The company holds interests in the Bell Mountain gold-silver property, which is fully permitted and moving towards production, and the Pine Grove gold property, which is in the final stages of permitting. Both projects are located in the Walker Lane mineral belt, known for its gold and silver deposits. Lincoln Gold aims to become a mid-tier gold producer.

Average Trading Volume: 24,395

Technical Sentiment Signal: Sell

Current Market Cap: C$3.5M

For an in-depth examination of LMG stock, go to TipRanks’ Stock Analysis page.

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