on FE Battery Metals Corp (CVE:FE)
Linear Minerals Corp. Shareholders Approve Key Arrangements
Vancouver, BC - Linear Minerals Corp. announced that on October 22, 2025, its shareholders approved all matters during the annual general and special meeting. The board of five directors was re-elected, and DeVisser Gray LLP was appointed as the company's auditors. Shareholders re-approved the Stock Option Plan and the Restricted Share Unit Plan.
A special resolution has been passed to approve the Plan of Arrangement. Under this plan, the Pontax West Lithium Property in Quebec will be spun out to a new subsidiary, Westlinear Minerals Corp. Shareholders will receive one share in the subsidiary for every 10 shares held in Linear Minerals on a specified record date. Execution of options and warrants before this date grants similar entitlements.
Finalization of this arrangement depends on approval from the Supreme Court of British Columbia and endorsement by the Canadian Securities Exchange.
R. H.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all FE Battery Metals Corp news