Lincoln Gold Mining (TSE:LMG) has released an update.
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Lincoln Gold Mining Inc. has successfully exercised 857,143 warrants, resulting in a $300,000 boost, which will fund the development of its Pine Grove gold project, including an upcoming geophysical flyover. This financial move, alongside the potential $4 million from remaining warrants, demonstrates investor confidence and supports the company’s strategy towards becoming a mid-tier gold producer.
For further insights into TSE:LMG stock, check out TipRanks’ Stock Analysis page.