Linear Minerals Corp. Announces Private Placement

Linear Minerals Corp. has announced a proposed non-brokered private placement aiming to raise up to $900,000 in total gross proceeds. This financing effort includes the issuance of 8,000,000 flow-through common shares at $0.05 each, targeting $400,000, and 10,000,000 hard-dollar units at the same price, aimed at $500,000. Each hard-dollar unit also includes a warrant allowing the purchase of a common share at $0.25 within a year.

Eligible finders will receive a 6% cash fee as part of the transaction in line with Canadian Securities Exchange policies. Completion of the placement is contingent on obtaining necessary approvals. All issued securities will be subject to a four-month holding period.

Funds will be directed towards general working capital and exploration activities in Quebec. The announcement includes forward-looking statements based on current expectations and assumptions by the company.