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Mining industry

Trident Resources Corp. Disposes of Securities in Lincoln Gold Mining Inc.

Strategic Insights

— 1 min read

Trident Resources Corp., a Canadian public mineral exploration company, has announced the disposition of securities in Lincoln Gold Mining Inc. The transaction involved the sale of 4,500,000 common shares of Lincoln, representing approximately 19.9% of the issued and outstanding common shares of the company, at a price of $0.20 per share for an aggregate consideration of $900,000. This sale is managed for investment purposes, and Trident may acquire additional securities or continue to hold its current positions in Lincoln.

Key Takeaways:

  • Trident Resources Corp. has disposed of 4,500,000 common shares of Lincoln Gold Mining Inc., representing approximately 19.9% of the issued and outstanding common shares.
  • The shares were sold at a price of $0.20 per share, resulting in an aggregate consideration of $900,000.
  • This transaction is managed for investment purposes, and Trident may acquire additional securities or continue to hold its current positions in Lincoln.
  • Trident's holdings of securities in Lincoln are under the management of Jonathan Wiesblatt, Chief Executive Officer, and Andrew J. Ramcharan, PhD, P.Eng., Corporate Communications.
  • Trident Resources Corp. operates as a Canadian public mineral exploration company, focusing on the acquisition, exploration, and development of advanced-stage gold and copper exploration projects in Saskatchewan, Canada.
  • The company is advancing its 100% owned Contact Lake and Greywacke Lake projects, which host significant historical gold resources, and the 100% owned Knife Lake copper project, which contains a historical copper resource.

Statistics:

  • 4,500,000 common shares of Lincoln Gold Mining Inc. were sold by Trident Resources Corp.
  • The shares represented approximately 19.9% of the issued and outstanding common shares of Lincoln.
  • The shares were sold at a price of $0.20 per share for an aggregate consideration of $900,000.

Sources:

  • Trident Resources Corp. (2025-07-15). Trident Resources Corp. Disposes of Securities in Lincoln Gold Mining Inc. GlobeNewswire. Retrieved from
  • TMX Group (2025-05-30). Lincoln Gold Mining Inc. Annual Management's Discussion and Analysis. TMX Group. Retrieved from &MP_material=S>P_AMP_KE SN macro=EQ to Po cor-C in G single p anywayCo.pdf>

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