Lincoln Grants Options

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Aug 18, 2020
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VANCOUVER, BC / ACCESSWIRE / August 17, 2020 / Lincoln Gold Mining Inc. ("Lincoln" or the "Company") (TSXV:LMG, Financial) announces that pursuant to its Incentive Stock Option Plan, it has granted incentive stock options to directors, officers, insiders, employees and consultants of the Company to purchase up to an aggregate of 2,300,000 common shares in the capital stock of the Company. The options are exercisable at a price of $0.30 per share for a period of five years from the date of grant. All options vest immediately with the exception of 150,000 options granted to certain consultants including IR, which options will vest over a 12-month period with 25% of the allotment available for exercise every three months.