Company: LINMF
Filing Date: 2025-08-01
Form Type: 20-F
Source: 0001176256-25-000065
Chunk: 56

Company: Linear Minerals Corp
Filing Date: 2025-08-01
Form: 20-F
Item: Item 6
Chunk 56
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 board of directors on December 22, 2017 and appointed
                    President and Chief Executive Officer on March 26, 2018.              
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(5)                                             Jurgen                                         
      Wolf was appointed to the Company’s board of directors on February 22, 2018 and appointed
         Chief Financial Officer and Corporate Secretary of the Company on February 28, 2018.  
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As part of its annual work plan, the CGCC reviews, among other things, executive compensation and makes appropriate recommendations to the board regarding such compensation.

44

Incentive Plan Awards

Outstanding Share-Based Awards and Option-Based Awards

The share-based awards and option-based awards outstanding for the NEOs, as at the financial year ended March 31, 2025, is as set out below:

                                        Option-based Awards                             Share-based Awards     
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Name                 Number of           Option   Expiry Date        Value of      Number of     Market or     
                    Securities   Exercise Price                      Unexercised   Shares or     Pay-out Value 
                    Underlying              ($)                      in-the        Units of      of Share-based
                   Unexercised                                       money         Shares that   Payments that 
                   Options (1)                                       Options (1)   have not      have not      
                                                                     ($)           Vested        Vested        
                                                                                   (#)           ($)           
Gurminder Sangha       203,947            0.798   February 9, 2026   Nil           Nil           Nil           
Gurminder Sangha       800,000             0.59   June 4, 2028       Nil           Nil           Nil           
Gurminder Sangha       200,000             0.18   April 26, 2026     Nil           Nil           Nil           
Jurgen Wolf            250,000             0.59   June 4, 2028       Nil           Nil           Nil           
Jurgen Wolf            200,000             0.18   April 26, 2026     Nil           Nil           Nil           
Jurgen Wolf             47,368            0.798   February 9, 2026   Nil           Nil           Nil           

(1)                                                This                                             
      amount is calculated based on the difference between the market value of the shares underlying
                  the options at the end of the most recently completed financial year.             
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Incentive Plan Awards – Value Vested or Earned During the Year