Business
Lincoln Gold Calls Shareholders' Meeting
(TheNewswire) Vancouver, BC, May 2, 2025 – TheNewswire - Lincoln...
About this update from Lincoln Gold Mining Inc
[{"type":"text","content":"Lincoln Gold Calls Shareholders' Meeting\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, BC, May 2, 2025 –\n \n\n TheNewswire -\n \n\n\n Lincoln Gold Mining Inc.\n \n\n\n (TSX.V: LMG)\n \n\n (the \"\n \n\n Company\n \n\n \" or \"\n \n\n Lincoln Gold\n \n\n \")\ntoday announced that it has scheduled a meeting of shareholders for\nAugust 15, 2025 in response to the meeting requisition it received\nfrom a small dissident group led by Mr. Ljubo “Louie” Mikulic.\n This additional meeting will proceed despite the Company recently\nhaving held a meeting in November 2024, at which the same dissident\ngroup failed to gain support from shareholders.\n \n\n\n\n On April 15, 2025, the dissident shareholder group,\nwhich proports to own 15.46% of the Company’s shares, delivered a\nnotice to requisition a shareholders’ meeting to nominate its own\nslate of directors, being Ian Rogers, Matthew Mikulic, and the\nCompany’s current CEO and board member, Paul Saxton.  The Company\nconsiders Mr. Saxton’s inclusion in the dissident’s slate of\ndirectors an obvious attempt to confuse and divide the Company’s\nshareholders.\n \n\n\n\n “I have no intention to serve on the Company’s\nboard of directors with these dissident nominees,” commented Paul\nSaxton.  “I did not and will not agree to be included in their\nslate and I have no confidence in Ian or Matthew’s ability to manage\nthe affairs of production-driven mining company.”\n \n\n\n\n “The directors are and have been fully committed to\nacting in the best interests for all of the Company’s\nshareholders,” said Paul Saxton. “We view this effort by a\nminority shareholder group as an opportunistic and wasteful attempt to\ngain control of the Company without offering a credible plan or\nrationale for doing so. It is not warranted and comes at a time when\nLincoln is on the cusp of significant progress.”\n \n\n\n\n The Company will provide a management information\ncircular in advance of the meeting, detailing the Board’s\nrecommendation to reject the dissident nominees and support the\ncontinued strategic execution of the Company’s current plan. In\norder to minimise unnecessar...