LINCOLN SIGNS LETTER OF INTENT WITH ISRAELI SOFTWARE COMPANY

UPDATE TO SECURITYHOLDERS

LINCOLN SIGNS LETTER OF INTENT
WITH ISRAELI SOFTWARE COMPANY

NOVEMBER 15, 2019 - LINCOLN ACQUISITIONS CORP. ("Lincoln" or the "Company") is pleased to announce that, following the completion in September of its equity crowdfunding on vested.ca,  Lincoln entered into a Letter of Intent (the “LOI”) with an Israeli software company that plans to enter the cannabis space (the “Target”).

Details of the transaction will be provided upon completion of a definitive agreement.

The LOI provides that following the completion of the transaction, a non-offering prospectus (the “NOP”) will be filed in British Columbia and such other jurisdictions (if any) as the parties may agree and application will be made to list the common shares of the resultant issuer on the Canadian Securities Exchange (“CSE”). 

The above plans and the transaction are all subject to a number of conditions precedent being satisfied, including due diligence, financing, any required regulatory approvals, and the finalization of definitive agreements.  There is no guarantee the transaction will be completed as contemplated, or at all. 

For more information contact:

Lincoln Acquisitions Corp.

Jerry Bradley
Director & CEO
604-828-0070
jerrybradleyinc@hotmail.com

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS LETTER.

Statements regarding the Company which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Such information can generally be identified by the use of forwarding-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements due to factors such as: (i) the Company’s ability to enter into a definitive agreement with the Target; (ii) a change in market conditions; and (iii) the Company’s ability to satisfy the requirements of the applicable securities commissions and the CSE. Except as required by law, the Company does not intend to update any changes to such statements.