Linear Minerals Corp. Announces Private Placement

Rhea-AI Summary

Linear Minerals (OTCID:LINMF) announced a proposed non-brokered private placement to raise up to $900,000.

The financing includes up to 8,000,000 flow-through shares at $0.05 for gross proceeds of $400,000, plus 10,000,000 hard-dollar units at $0.05 for gross proceeds of $500,000. Each hard-dollar unit includes one common share and one warrant exercisable at $0.25 for one year. The company will pay eligible finders a 6% cash fee per CSE policy. Closing is subject to CSE and other regulatory approvals. All securities will carry a four-month plus one day hold period. Proceeds are for general working capital and further exploration of properties in Quebec.

Positive

• Up to $900,000 in proposed gross proceeds
• 8,000,000 flow-through shares dedicated to $400,000 of financing
• 10,000,000 hard-dollar units raising $500,000 including warrants
• Warrants exercisable at $0.25 for one year provide potential near-term capital

Negative

• A 6% cash finder's fee will reduce net proceeds
• All securities subject to a four-month plus one day hold period, restricting immediate liquidity

News Market Reaction – LINMF

-11.71%

1 alert

-11.71% News Effect

On the day this news was published, LINMF declined 11.71%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total gross proceeds: $900,000 Flow-through shares: 8,000,000 shares Flow-through price: $0.05 per share +5 more

8 metrics

Total gross proceeds $900,000 Proposed non-brokered private placement

Flow-through shares 8,000,000 shares Flow-through common shares to be issued

Flow-through price $0.05 per share Pricing of flow-through common shares

Flow-through proceeds $400,000 Gross proceeds from flow-through shares

Hard-dollar units 10,000,000 units Hard-dollar common units to be issued

Hard-dollar price $0.05 per unit Pricing of hard-dollar units

Hard-dollar proceeds $500,000 Gross proceeds from hard-dollar units

Finder's fee 6% cash Fee payable to eligible finders

Market Reality Check

Price: $0.0374 Vol: Volume 124,387 is 3.16x t...

high vol

$0.0374 Last Close

Volume Volume 124,387 is 3.16x the 20-day average of 39,313 ahead of the financing news. high

Technical Price 0.0333 is trading above the 200-day MA of 0.02 before the private placement.

Peers on Argus

LINMF was up 11% with elevated volume while peers like DUVNF, LANRF and USHAF sh...

LINMF was up 11% with elevated volume while peers like DUVNF, LANRF and USHAF showed flat-to-negative moves, indicating stock-specific dynamics rather than a sector-wide move.

Historical Context

5 past events · Latest: Dec 01 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 01	Plan completion	Positive	+36.0%	Completion of Plan of Arrangement and Westlinear share distribution.
Nov 06	Arrangement timing	Positive	-10.3%	Record date and distribution date set for spin-out shares.
Nov 02	Exploration results	Positive	-0.3%	Initial uranium and rare earth assays reported from Lac Marion.
Oct 30	Court approval	Positive	-15.4%	Supreme Court approval of Pontax West spin-out arrangement.
Oct 29	High-grade assays	Positive	+0.0%	Surface assays up to 21.10% copper at Lac Coulombe.

Pattern Detected

Recent history shows several positive operational and corporate updates followed by flat or negative next-day moves, with only the completion of the Plan of Arrangement drawing a strong positive reaction.

Recent Company History

Over the last few months, Linear Minerals reported multiple milestones, including high-grade copper assays at Lac Coulombe on Oct 29, 2025, court approval of a spin-out Plan of Arrangement on Oct 29, 2025, and exploration results from Lac Marion on Nov 2, 2025. The Arrangement details and timelines were further clarified on Nov 6, culminating in completion and share distribution on Nov 28, 2025, which saw a 35.98% price gain. Against this backdrop, the current private placement follows a period of active project work and corporate restructuring.

Market Pulse Summary

The stock dropped -11.7% in the session following this news. A negative reaction despite positive ex...

Analysis

The stock dropped -11.7% in the session following this news. A negative reaction despite positive exploration and corporate progress would fit the pattern of prior divergences, where several upbeat announcements were followed by flat or weaker prices. The proposed private placement of up to $900,000 at $0.05 could add dilution pressure, particularly after recent corporate events such as the spin-out completion. Historical reactions suggest that financing news and added share supply have been key risks that could weigh on sentiment after initial announcements.

Key Terms

private placement, flow-through common shares, common share purchase warrant, finder's fee, +3 more

7 terms

private placement financial

"announce a proposed non-brokered private placement for total gross proceeds"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

flow-through common shares financial

"consist of issuing up to 8,000,000 flow-through common shares at $0.05"

Flow-through common shares are a type of equity, most often used in resource exploration, that let a company pass its tax-deductible exploration or development expenses to shareholders so those investors can claim the tax benefits on their personal returns. For investors, they act like a bundle of stock plus a tax break: you gain ownership exposure to the company’s upside while receiving immediate tax deductions that can reduce your taxable income, which affects after-tax returns and the effective cost of the investment.

common share purchase warrant financial

"one common share and one common share purchase warrant."

A common share purchase warrant is a tradable contract that gives its holder the right, but not the obligation, to buy a company’s common stock at a specified price within a set period. Think of it like a coupon for future shares: if the stock rises above the coupon price it can boost returns for the holder, but when used it increases the number of outstanding shares and can reduce each existing shareholder’s ownership and affect the company’s cash position.

finder's fee financial

"a finder's fee of 6% cash will be paid to eligible finders"

A finder's fee is a one-time payment to a person who connects buyers and sellers or introduces an investor to an opportunity, like tipping off someone to a property, company or deal. It matters to investors because it raises the cost of a transaction, can influence who gets access to deals, and may signal a potential conflict of interest if the introducer's payment affects the terms or selection of the investment.

Canadian Securities Exchange regulatory

"in accordance with the policies of the Canadian Securities Exchange."

A Canadian securities exchange is a regulated marketplace in Canada where companies’ stocks, bonds and other investment products are listed, bought, and sold. It matters to investors because it sets the rules, provides a visible price for securities and a place to trade — like a public marketplace that helps buyers and sellers meet, judge value, and convert holdings to cash under oversight intended to protect investors.

hold period regulatory

"subject to a four-month hold period plus one day under applicable"

A hold period is a specific span of time during which an investor is required or expected to keep a security or asset and cannot freely sell it or realize its value. It matters because it limits liquidity and can affect tax treatment, risk exposure and timing of gains or losses—like a cooling-off or fixed-term commitment that prevents you from quickly cashing out even if market conditions change.

forward-looking information regulatory

"Disclaimer for Forward-looking InformationExcept for the statements"

Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.

AI-generated analysis. Not financial advice.

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-brokered private 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

FAQ

What is the size and structure of Linear Minerals' December 10, 2025 private placement (LINMF)?

The placement is up to $900,000, consisting of 8,000,000 flow-through shares at $0.05 ($400,000) and 10,000,000 hard-dollar units at $0.05 ($500,000).

What does each hard-dollar unit in the LINMF financing include and what are the warrant terms?

Each hard-dollar unit includes one common share plus one warrant exercisable at $0.25 for a period of one year from issuance.

How will Linear Minerals use the proceeds from the private placement (LINMF)?

Proceeds will be used for general working capital and further exploration of properties in Quebec.

Are there fees or restrictions associated with the LINMF private placement?

Eligible finders will receive a 6% cash fee and all securities will be subject to a four-month plus one day hold period under applicable laws.

Is the LINMF private placement closed and what approvals are required?

Closing is subject to obtaining required approvals, including from the Canadian Securities Exchange and any other regulatory approvals.