Vancouver, B.C. January 24, 2012 – Brixton Metals Corporation (TSX.V: BBB) (the “Company”) – is pleased to announce that it has retained the services of Brisco Capital Partners Corp. (“Brisco”) to provide investor relations services. Brisco will initiate and maintain contact with the financial community, shareholders, investors and other stakeholders for the purpose of increasing awareness of the Company and its activities. Brisco takes a full service approach to investor relations and provides creative, effective results-driven investor relations programs for Canadian public companies.
The agreement is effective immediately and may be terminated by either party with 30 days written notice. Brisco will receive a monthly fee of $7,500 and are being granted 600,000 stock options. The options are exercisable for 24 months from the date of grant at an exercise price of $0.165 per share and the options are subject to vesting over 12 months with one-quarter of the options vesting each quarter. The options follow the guidelines as set out in the Company’s stock option plan and as set by TSX Venture Exchange. The consulting agreement and the options granted thereby are subject to the approval of the TSX Venture Exchange.
In addition, the Company announces thatCarrieSikmanhas been appointed as Manager of Investor Relations to replacePeterOates(subject to regulatory approval).Ms.Sikmanwill be responsible for all aspects of corporate communications with shareholders, media and all potential retail investors.Ms.Sikman will be paid $3,750 per month and the Company has granted 70,000 stock options at an exercise price of Cdn$0.165 per share. These options are granted for a ten-year period, and the options are subject to vesting over 12 months with one-quarter of the options vesting each quarter.
About Brixton Metals
Brixton is an exploration company engaged in the acquisition and exploration of precious metal assets. Brixton’s management is focused on advancing large-scale metal deposits to feasibility. The Thorn Project is Brixton’s flagship property and is centered on a network of gold-silver-copper-lead-zinc-bearing vein corridors and breccia zones. The Thorn property is located in northwestern British Columbia, Canada, about 50 km from the past producing Golden Bear Mine and 130 km southwest from the village of Atlin, BC. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB and its warrants trade under the symbol BBB.WT. For more information about Brixton please visit our website at www.brixtonmetals.com.
On Behalf of the Board of Directors
Mr.Gary R. Thompson, P.Geo, Chairman and CEO
Brisco Capital Partners Corp.
“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release”
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an action or event “may”, “might”, “could”, “should”, or “will” be taken or occur, or other similar expressions. All statements, other than statements of historical fact, included herein including, without limitation; statements about the closing date, use of proceeds and exercise of the Company’s option agreement, are forward-looking statements. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; environmental liability claims and insurance; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume and the additional risks identified the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and Excelsior undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.