Home / 2013 / Brixton Metals Announces Grant of Options

Brixton Metals Announces Grant of Options

March 20, 2013 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces that it has granted an aggregate of 4,500,000 options with a ten year term, vesting over a one-year period, to purchase common shares of Brixton exercisable at a price of $0.17 per common share to officers, directors and employees of the Company.

About Brixton Metals Corporation

Brixton is an exploration company engaged in the acquisition and exploration of precious metal assets and advancing them to feasibility. The 100 percent owned Thorn Property is Brixton’s flagship property and is centered on high grade silver-gold-lead-zinc-bearing diatreme-breccia zones, high-grade veins and porphyry targets. The Thorn Property is located in northwestern British Columbia, Canada, about 40 km from Chieftain’s Tulsequah mine development. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB. For more information about Brixton please visit our website at www.brixtonmetals.com.

On Behalf of the Board of Directors
Mr.GaryR.Thompson, Chairman and CEO,
Tel: 604-630-9707

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES

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, including statements that address potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, or other similar expressions. All statements, other than statements of historical fact included herein including, without limitation, the anticipated issuance of the Property Shares or the Settlement Shares, TSXV final approval for the Private Placement and approval for the issuance of the Property Shares or the Settlement Shares, use of proceeds and the exploration potential of the Langis property based on historical information, resources estimates on the Thorn Project 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; and the additional risks identified in the annual information form of the Company or other reports and filings with the TSXV and applicable Canadian securities regulators. Forward-looking statements are made based on management’s beliefs, estimates and opinions on the date that statements are made and the Company 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.