Last C$0.24 CAD
Change Today 0.00 / 0.00%
Volume 0.0
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As of 3:57 PM 07/7/14 All times are local (Market data is delayed by at least 15 minutes).

lincoln mining corp/canada (LMG) Snapshot

Open
C$0.24
Previous Close
C$0.24
Day High
C$0.24
Day Low
C$0.24
52 Week High
02/13/14 - C$0.60
52 Week Low
10/21/13 - C$0.05
Market Cap
3.8M
Average Volume 10 Days
1.6K
EPS TTM
C$-0.40
Shares Outstanding
15.9M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LINCOLN MINING CORP/CANADA (LMG)

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lincoln mining corp/canada (LMG) Details

Lincoln Mining Corporation, an exploration stage company, engages in the acquisition, exploration, and development of precious metals projects. The company explores for gold and silver properties. Its projects in various stages of exploration and development include the Pine Grove gold property in Nevada; and the Oro Cruz gold property consisting of 151 unpatented lode claims covering approximately 3,000 acres located in the Tumco mining district in the Cargo Muchacho Mountains, Imperial County, California, as well as the La Bufa gold-silver property comprising 4 mining concessions totaling 2,311.1 hectares in Mexico. The company is headquartered in Vancouver, Canada.

lincoln mining corp/canada (LMG) Top Compensated Officers

Chief Executive Officer, President, Treasurer...
Total Annual Compensation: --
Compensation as of Fiscal Year 2012.

lincoln mining corp/canada (LMG) Key Developments

Lincoln Mining Receives $1,029,000 Loan

Lincoln Mining Corporation announced that it has received a CAD 1,029,000 loan to fund its working capital requirements from Golden Dreams Limited Partnership, the general partner of which is controlled by Mr. Ronald K. Netolitzky, a control person of the Company. The Loan is unsecured and evidenced by a promissory note with the principal payable at the end of a two year term expiring May 7, 2016. Commencing November 7, 2014, the note bears interest at 6% per annum, calculated and payable on the first day of each month during the remainder of the term, with the first interest payment due on December 1, 2014. The Company may prepay the principal, in whole or in part, at any time without penalty.

Lincoln Mining Corporation Auditor Raises 'Going Concern' Doubt

Lincoln Mining Corporation filed its Annual on Apr 30, 2014 for the period ending Dec 31, 2013. In this report its auditor, Davidson & Company, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Lincoln Mining Appoints Robert Schafer and Kevin Nishi as Directors

Lincoln Mining Corporation announced the appointment of Robert Schafer and Kevin Nishi as directors of the Company. Mr. Robert Schafer is currently the Executive Vice President of Business Development for global mining group, Hunter Dickinson Inc. Mr. Schafer, a Registered Professional Geologist with advanced degrees in geology and mineral economics, has 35 years of experience, working internationally with major and junior mining companies. His experience includes implementation of successful exploration strategies, project reviews and valuations leading to acquisitions, and management of exploration teams. Mr. Kevin Nishi is a Chartered Accountant and currently a partner with accounting firm Smythe Ratcliffe. The company believes the addition of these highly qualified independent directors to the board will significantly enhance the company's efforts to advance its exploration projects.

 

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