Mr. Gurminder Sangha reports

LINEAR MINERALS CORP ANNOUNCES EXPLORATION PROGRAM AT LAC MARION PROPERTY

Linear Minerals Corp. has introduced its follow-up exploration program at the Lac Marion property in Quebec. The company has received an Authorization de travaux d'intervention (ATI) exploration work permit from the Ministere des Ressources naturelles et des Forets (MRNF) covering the Lac Marion property. The ATI authorizes mechanical trenching and diamond drilling activities. Linear Minerals plans to commence permitted exploration activities in the spring, subject to site access, weather conditions and standard operational considerations.

The 2026 work program will be a follow-up of the first round of prospecting, geological mapping and sampling work completed on the property. The first round of exploration yielded promising rare-earth element (REE) results from initial prospecting at its Lac Marion Quebec mineral project. Samples were analyzed at ACTLABS Ancaster, Ont., which is an independent, ISO/IEC 17025-accredited laboratory using fusion ICP-MS and ICP-OES methods. The initial announcement for these samples was the subject of Linear's Nov. 2, 2025, news release and is summarized in the attached table.

The heavy rare-earth enrichment in these samples is particularly encouraging. Heavy rare-earth elements such as dysprosium, terbium and yttrium are among the rarest and most strategically important critical minerals, essential for high performance permanent magnets, advanced defense technologies and next-generation clean energy systems.

These early results suggest that the Quebec project may host zones of high-value heavy rare-earth mineralization, distinguishing it from many typical light-REE occurrences in Quebec.

Cautionary statement

The reported samples are selective grab samples and may not be representative of underlying mineralization. There has been insufficient exploration to define a mineral resource, and it is uncertain whether further exploration will result in the delineation of a mineral resource.

In addition, the company is to announce it has closed the first tranche of the non-brokered private placement previously announced on Dec. 10, 2025. As part of the closing the first tranche, the company will issue 6.5 million hard-dollar units at a price of five cents per share and one common share purchase warrant for gross proceeds of $325,000. Each hard-dollar warrant entitles the holder to purchase one common share at a price of 25 cents for a period of one year from the issue date.

Final closing of the private placement is subject to obtaining all required approvals, including from the Canadian Securities Exchange and any other regulatory approval. All securities issued in connection with the private placement will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

The proceeds from the private placement will be used for general working capital and to its further exploration efforts on its properties located in Quebec.

Afzaal Pirzada, PGeo, geological consultant of the company, and a qualified person for the purposes of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

We seek Safe Harbor.