Linear Minerals FY27 Q1 net loss narrows 71.43% to C$ 153,196

• Linear Minerals posted a net loss of CAD 153,196, narrowing 71.43% from a year earlier; loss per share improved to CAD 0.01.
• Cash fell to CAD 179,292; net cash used in operating activities narrowed 80.46% to CAD 151,384.
• Working capital deficit totaled CAD 810,657; accounts payable and accrued liabilities rose to CAD 884,247, due to related parties increased to CAD 248,322.
• Entered a term sheet for CLM to acquire the Augustus Lithium Project plus additional Quebec claims for about CAD 2.75 million, including CAD 687,500 cash.
• Completed a 1-for-6.5 share consolidation on July 13, 2026; LOI structure with Critical Prospecting was revised, related financings put on hold.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Linear Minerals Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001176256-26-000095), on August 31, 2026, and is solely responsible for the information contained therein.