LINE - Lineage, Inc.
Linear Announces Acquisition, Share Consolidation and Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESS Newswire / May 21, 2026 / Linear Minerals Corp. (CSE:LINE)(OTC:LINMF)(WKN:A40Y3E) ("Linear" or the "Company") is pleased to announce that it has entered into a letter of intent (the "LOI") outlining its intention to acquire (the "Transaction") the Mooney Lake Uranium Project, the Hatsoff Tungsten-Molybdenum Project and the Gorge Lithium Project (collectively, the "Properties") via the acquisition of all of the issued and outstanding shares of Critical Prospecting Corp. ("Critical Prospecting"), the current owner of the Properties. Under the terms of the LOI, Linear will acquire all of the issued and outstanding securities of Critical Prospecting in exchange for the issuance of 4,788,000 Post-Consolidation Shares (as defined below) at a price of $0.25 per Post-Consolidation Share for a total purchase price of $1,197,000.
