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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 30, 2013) - Lincoln Mining Corporation, (TSX VENTURE:LMG) ("Lincoln" or the "Company") announces that it has received a C$300,000 demand loan (the "Loan") from James Dales, a director of the Company, to fund Lincoln's current working capital requirements. The Loan bears interest at 10% per annum, calculated and payable on the first day of each month, commencing September 27, 2013. Under the terms of the Loan, the Company has granted Mr. Dales a security interest in the Company's portion of the proceeds from any future sale of the La Bufa property (see news release of June 4, 2013 for further details). |
