LMG Lincoln Gold Mining Inc

Lincoln Mining Corporation (TSX VENTURE:LMG) ("Lincoln" or the "Company")
announces that, further to the Company's news release dated May 2, 2014; it will
proceed with a share consolidation of its issued and outstanding common shares.
The Company's name and trading symbol will remain unchanged.


The consolidation will be effective from May 16, 2014 at market open and carried
out on a basis of one (1) post-consolidation share for every ten (10)
pre-consolidation shares. As a result of the consolidation, the Company's
currently outstanding 158,860,203 issued and outstanding common shares will be
reduced to approximately 15,886,020 common shares. No fractional shares will be
issued. Fractional share interests of 0.50 or higher arising from the
consolidation will be rounded up to one whole common share and any fractional
share interest of less than 0.50 will be cancelled.


Registered shareholders will be receiving a letter of transmittal from the
Company's transfer agent, Olympia Trust Company, as soon as practicable after
the effective date of the consolidation. The letter of transmittal will enable
registered shareholders to exchange their old share certificates representing
pre-consolidation common shares for new share certificates representing the
post-consolidation common shares. Until surrendered, each share certificate
representing pre-consolidation common shares will be deemed for all purposes to
represent the number of whole post-consolidation common shares to which the
holder is entitled as a result of the consolidation. 


The exercise price and the number of common shares of the Company issuable under
its outstanding options will automatically be adjusted upon implementation of
the consolidation. The Company currently has outstanding stock options
exercisable to purchase an aggregate of 4,125,000 common shares at exercise
prices ranging from $0.19 to $0.29. Upon completion of the share consolidation,
there would be stock options outstanding to purchase an aggregate of 412,500
common shares at exercise prices ranging from $1.90 to $2.90, based on the
current number of outstanding stock options.


There will be no requirement for option holders to exchange their certificates
or take any other action. Any option holder wishing to know the exact number of
shares and the adjusted exercise price of their option following consolidation
should contact the Company. 


Lincoln Mining Corp. is a Canadian precious metals exploration and development
company with several projects in various stages of exploration and development
which include the Pine Grove and Bell Mountain gold properties in Nevada, the
Oro Cruz gold property in California and the La Bufa gold-silver property in
Mexico. In the United States, the Company operates under Lincoln Gold US Corp.
and Lincoln Resource Group Corp., both Nevada corporations. Until completion of
the Proposed Transaction, the Company's United States operations remain subject
to the CFIUS order described in the Company's news release dated June 18, 2013. 


On behalf of Lincoln Mining Corporation 

Paul Saxton, President & CEO 

Neither the 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Lincoln Mining Corporation
Investor Relations
604-688-7377
604-688-7307 (FAX)
www.lincolnmining.com

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