Lincoln Gold shareholders approve Shareholder Rights Plan


that the Shareholder Rights Plan Agreement (the "Rights Plan") which was
adopted by the Company's board of directors and announced on May 28, 2008, was
ratified and approved by the Company's shareholders at the Company's annual
general meeting held on June 26, 2008. The Rights Plan was adopted to ensure
the fair treatment of all Lincoln Gold shareholders in connection with any
take-over bid for the outstanding common shares of the Company. The objective
of the Rights Plan is to provide shareholders with adequate time to properly
evaluate and assess a take-over bid without facing undue pressure or coercion.
The Rights Plan also provides the board of directors with additional time to
consider any take-over bid and, if applicable, to explore alternative
transactions in order to maximize shareholder value.
    The Rights Plan is not designed to prevent take-over bids that treat
Lincoln Gold shareholders fairly. Pursuant to the terms of the Rights Plan,
any bid that meets certain criteria intended to protect the interests of all
shareholders are deemed to be "Permitted Bids". A Permitted Bid must be made
by way of a take-over bid circular prepared in compliance with applicable
securities laws and, in addition to certain other conditions, must remain open
for 60 days. In the event a take-over bid does not meet the Permitted Bid
requirements of the Rights Plan, the rights issued under the Rights Plan will
entitle shareholders, other than any shareholder or shareholders involved in
the take-over bid, to purchase additional common shares of Lincoln Gold at a
significant discount to the market price of the common shares at that time.
Lincoln Gold is not aware of any pending or threatened take-over bid or
proposal to acquire control of the Company. The full text of the Rights Plan
is available in the Company's profile on

    Lincoln Gold is a Canadian-based gold exploration company located with
several projects in various stages of exploration which includes the Pine
Grove, Hannah, and JDS properties in Nevada and the La Bufa property in
Chihuahua, Mexico.


    "Paul Saxton"


    All statements in this news release, other than statements of historical
facts, including statements which address future financing, development and
mining activities of Lincoln Gold Corp., are "forward-looking statements"
within the meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended. These
statements are based on management's expectations and beliefs, and involve
risks and uncertainties. These statements may involve known and unknown risks
and uncertainties and other factors that may cause the actual results to be
materially different from the results implied herein. In addition, Lincoln
Gold Corp.'s business and operations are subject to the risks set forth in
Lincoln Gold Corp.'s most recent Form 10-KSB, Form 10-QSB and other SEC
filings which are available through EDGAR at Readers are
cautioned not to place undue reliance on the forward-looking statements made
in this news release.

For further information:

For further information: Investor Relations: (604) 688-7377,

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