Linear Minerals Grants RSU's
Linear Minerals Corp (CSE:LINE)(OTCQB:LINMF) has announced the granting of 4,500,000 restricted share units (RSUs) to company consultants and directors under its shareholder-approved RSU Plan. The vesting schedule is structured over an 8-month period, with 50% of the RSUs vesting after 4 months from the grant date and the remaining 50% vesting after 8 months. Each RSU can be converted into one common share of the company upon vesting.
Linear Minerals Corp (CSE:LINE)(OTCQB:LINMF) ha annunciato l'assegnazione di 4.500.000 unità azionarie vincolate (RSU) a consulenti e membri del consiglio della società, nell'ambito del Piano RSU approvato dagli azionisti. Il piano di maturazione è distribuito su un periodo di 8 mesi, con il 50% delle RSU che maturano dopo 4 mesi dalla data di assegnazione e il restante 50% che matura dopo 8 mesi. Ogni RSU può essere convertita in una azione ordinaria della società al momento della maturazione.
Linear Minerals Corp (CSE:LINE)(OTCQB:LINMF) ha anunciado la concesión de 4.500.000 unidades restringidas de acciones (RSU) a consultores y directores de la empresa bajo su Plan de RSU aprobado por los accionistas. El calendario de adquisición está estructurado en un período de 8 meses, con el 50% de las RSU que se adquieren después de 4 meses desde la fecha de concesión y el 50% restante que se adquiere después de 8 meses. Cada RSU puede convertirse en una acción común de la empresa al momento de la adquisición.
Linear Minerals Corp (CSE:LINE)(OTCQB:LINMF)는 주주 승인 RSU 계획에 따라 회사 컨설턴트 및 이사들에게 4,500,000개의 제한 주식 단위(RSU)를 부여했다고 발표했습니다. 권리 확정 일정은 8개월에 걸쳐 구성되며, RSU의 50%는 부여일로부터 4개월 후에 권리가 확정되고 나머지 50%는 8개월 후에 권리가 확정됩니다. 각 RSU는 권리 확정 시 회사의 보통주 1주로 전환될 수 있습니다.
Linear Minerals Corp (CSE:LINE)(OTCQB:LINMF) a annoncé l'attribution de 4 500 000 unités d'actions restreintes (RSU) à des consultants et administrateurs de la société dans le cadre de son plan RSU approuvé par les actionnaires. Le calendrier d'acquisition est structuré sur une période de 8 mois, avec 50 % des RSU acquises après 4 mois à compter de la date d'attribution et les 50 % restants acquis après 8 mois. Chaque RSU peut être convertie en une action ordinaire de la société lors de son acquisition.
Linear Minerals Corp (CSE:LINE)(OTCQB:LINMF) hat die Gewährung von 4.500.000 Restricted Share Units (RSUs) an Unternehmensberater und Direktoren im Rahmen des von den Aktionären genehmigten RSU-Plans bekannt gegeben. Der Vesting-Zeitplan ist über einen Zeitraum von 8 Monaten strukturiert, wobei 50% der RSUs nach 4 Monaten ab dem Gewährungsdatum und die restlichen 50% nach 8 Monaten vesten. Jede RSU kann bei Vesting in eine Stammaktie des Unternehmens umgewandelt werden.
- None.
- Potential dilution of 4.5 million shares through RSU issuance could negatively impact existing shareholders
VANCOUVER, BC / ACCESS Newswire / May 8, 2025 / Linear Minerals Corp. ("Linear" or the "Company") (CSE:LINE)(OTCQB:LINMF) (WKN:A2J C89) has granted 4,500,000 restricted share units ("RSUs") to certain consultants and directors of the Company pursuant to the Company's shareholder approved restricted share unit plan (the "RSU Plan"). The RSU's will vest over an eight-month period, with
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 Spin-Out Transaction, the Share Consolidation and the Private Placement, as well as the Company's intentions, plans and future actions of the parties to the transactions described herein and the terms thereon.
Risk factors that could cause actual results to differ materially from those described in such forward-looking information include, but are not limited to, the Company may not complete the planed Share Consolidation, Private Placement or Spin-Out Transaction as currently anticipated, or at all; and other related risks as more fully set out in the continuous disclosure filings of the Company under the Company's profile at www.sedarplus.ca.
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 for the Spin-Out Transaction, the Share Consolidation and Private Placement. 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. Forward-looking information in the news release will not be updated by the Company except as required by law.
SOURCE: Linear Minerals Corp.
View the original press release on ACCESS Newswire
FAQ
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