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)
Rio Tinto website.

Rio Tinto Opens Two Argentine Lithium Projects Worth US$1.4 Billion

Rio Tinto (ASX:RIO,NYSE:RIO,LSE:RIO) opened two lithium operations in Argentina's Catamarca province on Thursday (October 29), which is touted to add 25,000 metric tons of annual lithium carbonate equivalent (LCE) capacity once fully ramped up.To date, Rio Tinto has invested roughly US$1.4... Keep Reading...
Silver batteries surround a rising green graph on a lithium-themed backdrop with the text: Lithium, Li.

Benchmark: New Lithium Mine Needed Every Two Months to Meet 2050 Demand

The lithium industry will need to bring the equivalent of a new mine into production roughly every two months for the next 24 years to keep up with demand, according to new data from Benchmark Mineral Intelligence.Benchmark forecasts global lithium demand will reach about 7 million metric tons... Keep Reading...
Blue battery with Australian flag design on a wooden surface.

5 Best-performing ASX Lithium Stocks in 2026

After a sharp rally in the first half of the year, lithium prices retreated during the third quarter, surrendering a significant portion of the gains generated in May when carbonate values reached a multi-year high. Data from Benchmark Mineral Intelligence shows FOB Australia spodumene... Keep Reading...
Glowing battery symbol with lightning bolt on purple circuit board.

Lithium Market Trends: Q3 2026 Review and Forecast

Lithium prices lost ground in Q3, giving back much of the momentum built during a sharp first-half rally.The decline came despite demand indicators that market watchers continue to describe as strong, with electric vehicles (EVs) and grid-scale energy storage both pulling on supply. Price action... Keep Reading...
An electric vehicle beside a charging station.

EU Hybrid EV Cap Sinks Chinese Lithium to 10 Month Low

The EU announced it will cap imports of Chinese hybrid electric vehicles at 350,000 units annually starting this December, sending Chinese lithium futures plunging to a 10 month low.European Trade Commissioner Maros Sefcovic brokered the quota system during recent negotiations held in Beijing.... Keep Reading...
A locked gate.

Sigma Lithium Temporarily Halts Operations in Brazil

Sigma Lithium (TSXV:SGML,NASDAQ:SGML) announced a temporary suspension of all mining and industrial production at its operations in Brazil, citing an "atypical 15-day delay" by the Federal Court of Appeals in reviewing the company’s emergency legal defense against an environmental injunction.The... Keep Reading...

Interactive Chart

Latest Press Releases

Related News