Linear Minerals Corp. Announces Private Placement

VANCOUVER, BC / ACCESS Newswire / December 10, 2025 / Linear Minerals Corp. ("Linear" or the "Company") (CSE:LINE)(OTCID:LINMF)(WKN:A40 Y3E) is pleased to announce a proposed non-brokeredprivate placement for total gross proceeds of up to $900,000. The private placement will consist of issuing up to 8,000,000 flow-through common shares at $0.05 per share for gross proceeds of $400,000. The balance of the private placement will comprise the issuance of 10,000,000 hard-dollar common units at $0.05 cents per unit for gross proceeds of $500,000.

Each hard-dollar unit consists of one common share and one common share purchase warrant. Each hard-dollar warrant entitles the holder to purchase one common share at a price of $0.25 for a period of one year from the issue date.

In connection with the above-noted non-brokered private placement, a finder's fee of 6% cash will be paid to eligible finders in accordance with the policies of the Canadian Securities Exchange. Closing of the proposed private placement is subject to obtaining all required approvals, including from the CSE and any other regulatory approval. All securities issued pursuant to the private placement will be subject to a four-month hold period plus one day under applicable securities laws.

The proceeds from the private placement will be used for general working capital and further exploration of its properties located in Quebec.

ON BEHALF OF THE BOARD OF

LINEAR MINERALS CORP.

"Gurminder Sangha" Gurminder Sangha CEO & Director

For further information, please contact the Company at info@linearminerals.com

Neither the Canadian Securities Exchange (CSE) nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this news release and has neither approved nor disapproved the contents of this news release.

Disclaimer for Forward-looking Information

Except for the statements of historical fact, this news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates and projections as at the date of this news release. "Forward-looking information" in this news release includes information about the Company's information concerning the intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.

The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available to the Company. In connection with the forward-looking information contained in this news release, the Company has made assumptions about the Company's ability to obtain required approvals. The Company has also assumed that no significant events occur outside of the Company's normal course of business. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

SOURCE: Linear Minerals Corp.



View the original press release on ACCESS Newswire

News Provided by ACCESS Newswire via QuoteMedia

FE:CC
The Conversation (0)
Five sleek, metallic objects with bullet and rectangular shapes stand upright on a light gray background.

Batteries: A Strategic Asset for National Security

The battery narrative largely focuses on electric vehicles (EVs) and electronics, but batteries also play a pivotal role in defense applications, a segment that is becoming key amid heightened geopolitical tensions. From emergency response equipment and communications infrastructure to broader... Keep Reading...
Sheets of printed US$100 bills over a cylinder on a printing press.

US Military Scraps US$300 Million Lithium Carbonate Purchase

The US Department of Defense (DOD) has abruptly canceled a previous tender to purchase up to US$300 million of battery-grade lithium carbonate, Bloomberg reported. According to a procurement notice updated on Monday (August 3), the Defense Logistics Agency (DLA) scrapped its solicitation for... Keep Reading...
Quarterly Activities/Appendix 5B Cash Flow Report

Quarterly Activities/Appendix 5B Cash Flow Report

Rapid Critical Metals (RCM:AU) has announced Quarterly Activities/Appendix 5B Cash Flow ReportDownload the PDF here. Keep Reading...
Blue battery with Australian flag design on a wooden surface.

4 Best-performing ASX Lithium Stocks in 2026

Global demand for lithium presents a significant opportunity for Australia and Australian lithium companies.Australia remains the world’s largest lithium miner, supplying 31 percent of global output in 2025, though its dominance is easing as other lithium-producing countries such as China,... Keep Reading...
Lithium periodic symbol and Canadian flag.

Top 3 Canadian Lithium Stocks in 2026

Lithium prices rebounded in the second quarter of 2026 as stronger-than-expected demand and tightening supply helped the market recover from the cyclical lows reached in 2025.Battery-grade lithium carbonate prices rose from approximately US$8 per kilogram in May 2025 to more than US$25 by May... Keep Reading...
Excellent Ore Sorting Results-Ag Recoveries to over 1000g/t

Excellent Ore Sorting Results-Ag Recoveries to over 1000g/t

Rapid Critical Metals (RCM:AU) has announced Excellent Ore Sorting Results-Ag Recoveries to over 1000g/tDownload the PDF here. Keep Reading...

Interactive Chart

Latest Press Releases

Related News