VANCOUVER, Oct. 8 /CNW/ - Lincoln Mining Corporation (previously named LPT Capital Ltd.) ("Lincoln Mining" or the "Company") (TSXV: LMG) announces it has engaged Sinclair Pacific Communications ("Sinclair") of Vancouver, BC to provide investor relations services to the Company. The principal of Sinclair, Mr. Rishi Kwatra is experienced in providing shareholder communication services for junior mining companies. Sinclair and Mr. Kwatra are at arm's length to the Company and they do not currently have any interest, directly or indirectly, in the Company or its securities, or any right or, to the Company's knowledge, intent to acquire such an interest, other than in respect of any stock options that may be granted to Sinclair.
The Company's agreement with Sinclair, subject to the approval of the TSX Venture Exchange, is for an initial term of three months and may be extended by mutual agreement of both parties in writing. The Company will pay Sinclair a monthly fee for services of $7,500 a month plus reasonable pre-approved travel and sundry expenses. The total costs of these services during the initial three month term are anticipated to be $22,500 plus applicable taxes and approved expenses, which costs will be paid from the Company's general working capital. Sinclair will provide general shareholder communication services including investor communications, trade show development and advertising assistance. Sinclair will work closely with Company management to implement, strategize and enhance shareholder value through an effective investor relations program.
Lincoln Mining Corporation is a Canadian-based mineral exploration and development company with several projects in various stages of exploration, which include the Pine Grove and Hannah gold properties in Nevada and the La Bufa gold-silver property in southwestern Chihuahua, Mexico.
On behalf of Lincoln Mining Corporation
President & CEO
NEITHER 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.
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Lincoln Mining are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Lincoln Mining's plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, results of exploration activities, risks inherent in the mineral exploration industry, and other risks detailed herein and from time to time in the filings made by Lincoln Mining with securities regulators. Lincoln Mining expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.
SOURCE LINCOLN MINING CORPORATION
For further information: For further information: 350 - 885 Dunsmuir Street, Vancouver, BC, V6C 1N5, Tel: (604) 688-7377, Fax: (604) 688-7307