Linear Minerals Corp Completes First Tranche of Private Placement

Linear Minerals Corp, a company listed on CSE and OTCQB, has announced the successful closure of the first tranche of its non-brokered private placement. Originally disclosed on December 10, 2025, the placement aims to raise up to $900,000 in gross proceeds. In this initial phase, Linear issued 3,000,000 flow-through common shares at $0.05 each, accumulating $150,000. Additionally, it released 3,000,000 hard-dollar units at the same price, each accompanied by a warrant, also raising $150,000. The warrant allows the purchase of one common share at $0.25 within a year.

All relevant approvals, including from the CSE, are needed for the final closing. The securities will have a statutory hold period of four months plus one day. Proceeds are earmarked for general operations and exploration in Quebec. Linear emphasizes potential uncertainties due to reliance on forward-looking information. The CSE disclaims responsibility for the news release's content.