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Lincoln Gold Mining ( (TSE:LMG) ) just unveiled an announcement.
Lincoln Gold Mining Inc. has scheduled a shareholders’ meeting for August 15, 2025, following a requisition from a dissident group led by Ljubo ‘Louie’ Mikulic. This group, claiming to own 15.46% of the company’s shares, seeks to nominate its own slate of directors, including the current CEO, Paul Saxton, who opposes their inclusion. The company views this move as an unwarranted attempt to gain control without a credible plan, urging shareholders to reject the dissident nominees and support the current strategic direction. Lincoln Gold’s board remains confident in its strategy to enhance shareholder value and progress towards becoming a mid-tier gold producer.
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 and the Pine Grove gold property, both located in the Walker Lane mineral belt, known for its numerous gold and silver deposits. Lincoln Gold is focused on becoming a mid-tier gold producer.
YTD Price Performance: 33.33%
Average Trading Volume: 25,096
Technical Sentiment Signal: Buy
Current Market Cap: C$3.61M
See more insights into LMG stock on TipRanks’ Stock Analysis page.