Lincoln Mining Grants Stock Options
06 July 2011 - 4:09AM
Marketwired
Lincoln Mining Corporation (TSX VENTURE: LMG) ("Lincoln" or the
"Company") announces that pursuant to its Incentive Stock Option
Plan, it has granted incentive stock options to new directors of
the Company to purchase up to an aggregate of 600,000 common shares
in the capital stock of the Company. The options are exercisable at
a price of $0.19 per share for a period of five years from the date
of grant. The options will vest over a 24 month period with one
eighth of the allotment available for exercise every three months.
Lincoln Mining Corp. is a Canadian precious metals exploration
and development company with several projects in various stages of
exploration and development which include the Pine Grove gold
property, the Oro Cruz gold property in California and the La Bufa
gold-silver property in Mexico. In the United States, the Company
operates under Lincoln Gold US Corp., a Nevada corporation.
On behalf of Lincoln Mining Corporation
Paul Saxton, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Lincoln Mining Corporation Investor Relations
604-688-7377 604-688-7307 (FAX) www.lincolnmining.com
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