Lincoln Gold Secures $300,000 in Early Exercise of Warrants Page 1

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VANCOUVER, BC / ACCESSWIRE / September 11, 2024 / Lincoln Gold Mining Inc. (TSXV:LMG) (“Lincoln Gold” or the “Company“) is pleased to report that 857,143 warrants have been exercised by certain investors as a result of positive developments in the Company’s recent operations. The warrants were priced at $0.35 and were set to expire on June 27, 2026, resulting in proceeds of $300,000.00. The Company currently has a total of 10,809,425 warrants outstanding, priced at $0.35 and $0.50, expiring on various dates in 2025 and 2026.

Lincoln Gold intends to use these funds to further develop the Pine Grove Gold Project. As part of this development, Lincoln is preparing to initiate a geophysical flyover in the near future and is currently reviewing proposals from several companies for this important work. The information obtained from this airborne geophysical work will assist the Company’s geologists in formulating drilling programs for the specific rock types at depth known to host gold mineralization. This work represents a significant step in advancing the Pine Grove Project to its full potential.