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Linear Minerals Allocates 4.5 Million RSUs

Linear Minerals Corp., based in Vancouver, has announced the granting of 4,500,000 restricted share units (RSUs) to select consultants and directors. This move aligns with the company's approved restricted share unit plan. The RSUs will vest over an eight-month period, with 50% vesting after four months from the grant date, and the remaining 50% vesting after eight months. Each RSU allows the recipient to convert it into one common share of the company.

The announcement comes amid the company's ongoing developments, including a potential Spin-Out Transaction, Share Consolidation, and Private Placement. Despite these anticipated actions, Linear Minerals acknowledges uncertainties and potential risks that could affect these plans. The forward-looking information reflects assumptions that might not necessarily guarantee future performance due to their inherent uncertainty.

R. H.

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