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Linear Minerals Corp. Sets Dates for Share Distribution and Issuance
Linear Minerals Corp. has announced a share distribution record date of November 25, 2025, as part of its Plan of Arrangement with Westlinear Minerals Corp. Through this arrangement, shareholders will receive one share of Westlinear for every 10 shares of Linear held. The share issuance and the transfer of the Pontax West Lithium Property are planned for November 28, 2025.
Shareholders who hold options and warrants with Linear can also participate if they exercise their options before the record date. This arrangement allows Linear's shareholders to own shares in both Linear and Westlinear. The arrangement was approved by shareholders on October 22 and by the Supreme Court of British Columbia on October 29, 2025.
Westlinear aims to become a reporting issuer in British Columbia, Alberta, and Ontario, with the potential of listing on a securities exchange in the future. More details are available in the company's information circular dated August 28, 2025.
R. E.
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