LPT Capital Ltd. and Lincoln Gold Corporation Provide Update

The only remaining significant step in completing the Merger is to raise the funding...

The only remaining significant step in completing the Merger is to raise the funding necessary to carry Lincoln’s business plan forward as set forth in the Circular. Lincoln and LPT report that M Partners Inc. will not act as lead agent in the financing as had been reported in the companies’ joint news release of March 31, 2009.The Merger is intended to be LPT’s "Qualifying Transaction" under TSX Venture Exchange Policy 2.4. The TSX Venture Exchange has granted LPT an extension to the deadline for completion of its Qualifying Transaction, to November 14, 2009.