|By Marketwired .||
|March 3, 2014 10:18 AM EST||
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/03/14 -- I have acquired ownership of 46,000,000 common shares of the Issuer (representing 28.96% of the outstanding common shares) of Lincoln Mining Corporation (TSX VENTURE: LMG) of Vancouver, BC. The shares were purchased privately from Procon Resources Inc. of Burnaby, British Columbia at a price of $0.01127 per share.
I acquired the shares for investment purposes under the exemption set out in section 2.3 of National Instrument 45-106 Prospectus and Registration Exemptions of the Canadian Securities Administrators for accredited investors.
I do not own or have control or direction over any other securities of Lincoln, and I do not presently have any intention of acquiring any further securities of Lincoln. I may acquire ownership of or control over further securities in the future depending upon market circumstances.
I have filed an Early Warning Report with the British Columbia and Alberta Securities Commissions in respect of the acquisition. Copies of the Report may be obtained from SEDAR (www.sedar.com) or without charge from me.