Lincoln Mining Corporation - Change of Auditor and Grant of Stock Options

VANCOUVER , Sept. 29 /CNW/ - Lincoln Mining Corporation (previously named LPT Capital Ltd.) ("Lincoln Mining" or the "Company") (TSXV: LMG) reports that as previously disclosed in the Company's information circular dated January 19, 2009 , it has changed its auditor from Manning Elliot LLP to Davidson and Company LLP in connection with the recent closing of the plan of arrangement transaction pursuant to which the Company acquired Lincoln Gold Corporation. The Company has confirmed that no "reportable event" has occurred within the meaning of National Instrument 51-102 in respect of the change in auditor.

The Company also announces that pursuant to its Incentive Stock Option Plan, it has granted incentive stock options to directors, officers, employees and consultants of the Company to purchase up to an aggregate of 4,150,000 common shares in the capital stock of the Company. The options are exercisable at a price of $0.19 per share for a period of five years from the date of grant.

    
    On behalf of Lincoln Mining Corporation

    "Paul Saxton"

    Paul Saxton
    President & CEO

    NEITHER 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.
    

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Lincoln Mining are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Lincoln Mining's plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals, results of exploration activities, risks inherent in the mineral exploration industry, and other risks detailed herein and from time to time in the filings made by Lincoln Mining with securities regulators. Lincoln Mining expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

For further information: 350 - 885 Dunsmuir Street, Vancouver, BC, V6C 1N5, Tel: [phone], Fax: [phone]