Linear Minerals Corp. (LINE) Financings
CSE: LINE · Unspecified · Exploration stage
- Market cap$2.4M
- Share price$0.185
- 52-week range$0.025 – $0.205
- Shares outstanding12,974,542
- ExchangeCSE
- Websitelinearminerals.com
Linear Minerals Corp. is a publicly traded Canadian mineral exploration company with a primary focus of acquiring a multi-commodity mineral property portfolio. Our goal is to identify, acquire and explore North American mineral prospects in the precious metal, base metal, and industrial metals sector. The Company’s strategy is to: Acquire and advance projects through prospecting and early-stage exploration; Source Joint Venture partners to fund future exploration and project development; Create shareholder value through exploration success. Linear Minerals Corp. will continue to add to its multi-commodity portfolio through organic acquisitions of new projects and opportunities with the intention of adding value and projects over time.
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Linear Minerals Corp. financial statements
Key figures read from 6 of 6 financial statement filings, Jul 28, 2022 to Jul 30, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$330,676 | C$951,807 | C$1,704,908 | C$3,664,578 | C$111,486 |
| Short-term investments | C$0 | C$123,912 | C$187,425 | C$737,371 | — |
| Total current assets | C$473,133 | C$1,231,554 | C$2,329,121 | C$5,506,836 | C$887,939 |
| Exploration and evaluation assets | C$5,143,314 | C$5,956,076 | C$6,955,451 | C$7,491,306 | C$6,004,875 |
| Property, plant and equipment | C$850 | C$1,336 | C$1,822 | C$2,307 | — |
| Total assets | C$5,628,297 | C$7,199,966 | C$9,297,394 | C$13,011,449 | C$6,903,814 |
| Total liabilities | C$1,130,715 | C$919,861 | C$651,031 | C$3,511,978 | C$428,929 |
| Shareholders' equity | C$4,497,582 | C$6,280,105 | C$8,646,363 | C$9,499,471 | C$6,474,885 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$961,335 | C$1,288,201 | C$2,583,405 | C$1,820,673 | C$1,609,121 |
| General and administrative | C$89,513 | C$56,969 | C$17,013 | C$17,780 | C$16,476 |
| Share-based compensation | C$90,000 | C$131,314 | C$1,786,445 | C$2,190,000 | C$632,450 |
| Net income (loss) | (C$865,308) | (C$3,313,365) | (C$6,635,073) | (C$5,750,583) | (C$4,691,322) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$1,274,144) | (C$1,787,101) | (C$4,110,969) | (C$3,055,361) | (C$4,503,760) |
| Investing cash flow | C$37,013 | C$0 | (C$52,500) | C$205,449 | (C$675,000) |
| Financing cash flow | C$616,000 | C$1,034,000 | C$2,203,799 | C$6,403,004 | C$3,131,558 |
| Exploration spending (capitalized) | (C$65,220) | C$0 | (C$52,500) | (C$1,224,877) | (C$675,000) |
| Change in cash | (C$621,131) | (C$753,101) | (C$1,959,670) | C$3,553,092 | (C$2,047,202) |
| Cash at end of period | C$330,676 | C$951,807 | C$1,704,908 | C$3,664,578 | C$111,486 |
Linear Minerals Corp. financings
3 financings announced or closed by Linear Minerals Corp., read by Mining News Terminal, newest first.
| Date | Company | Type | Stage | Amount | Unit price | Release |
|---|---|---|---|---|---|---|
| 2026-05-21 | Linear Minerals Corp. (LINE) | Private placement | Announced | — | $0.250 | Linear Announces Acquisition, Share Consolidation and Private Placement |
| 2025-12-10 | Linear Minerals Corp. (LINE) | Flow-through, private placement, non-brokered | Tranche closed, 1 tranche | $400K | $0.050 | 8,000,000 flow-through common shares at $0.05 per share for gross proceeds of $400,000. The balance of the |
| 2023-11-08 | Linear Minerals Corp. (LINE) | Flow-through, non-brokered | Closed, 1 tranche | $1.7M | $0.400 | Fe Battery Metals Provides Exploration Update and Announces Private Placement |