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News Releases

Brixton Metals Announces Private Placement

June 14, 2013 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces a non-brokered private placement financing (the “Private Placement”). The Private Placement provides for the issuance of 1,780,000 flow-through shares of Brixton (the “FT Shares”) at a price of $0.16 per FT Share for aggregate gross proceeds of approximately $284,800. All securities issued pursuant to this Private Placement will be subject to a four month and one day hold period. The closing date for the Private Placement will occur on June 17, 2013, or such later date as may be required.  The proceeds from the Private Placement will be used to fund exploration activities for 2013 at the Company’s Thorn property. On closing, the Company will pay finders’ fees of $23,891. About…

Brixton Metals Commences Exploration At Its Thorn Project

VANCOUVER, British Columbia, June 4, 2013 – Brixton Metals Corporation (TSX-V: BBB) (the “Company” or “Brixton”) announces the start of exploration for 2013 at the Thorn Ag-Au-Pb-Zn-Cu project located in Northwestern British Columbia, Canada. The Board of Directors has approved up to $2 million in exploration expenditures for the phase one 2013 exploration program and crews have been mobilized to the Thorn project site. The program will consist of approximately 4,000m of NQ sized core drilling, 1,600 soil samples and geological and structural mapping. Drilling will be focused on expanding high-grade mineralization at the Oban and Camp Creek zones. Soil sampling will be conducted over the Oban extension, Camp Creek, Amarillo and Outlaw zones.  In addition the Company is developing a structural model that will…

Brixton Metals Provides Corporate Update

May 3, 2013 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce the results of its annual general and special meeting (“Annual Meeting”) held on May 2, 2013 in Vancouver, British Columbia. Gary Thompson, Cale Moodie, George Salamis, Jim Defer and Don Poirier were elected to the Company’s Board of Directors. The Company’s shareholders also re-appointed KPMG, Chartered Accountants as auditors for the coming year and re-approved the Company’s Stock Option Plan. The Company’s shareholders also approved certain amendments by way of special resolution to the constating documents of the Company providing for electronic delivery of meeting materials and advance notice of shareholder nominees for election of directors (the “Advance Notice Provision”). The Advance Notice Provision fixes a deadline by…

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…

Brixton Metals Announces Closing of the Strategic Investment from Hecla and its 100% Thorn Acquisition

February 26, 2013 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that, further to the Company’s news releases of February 1, 2013 and February 21, 2013, it has completed its acquisition of 100% interest in the Thorn property (the “Thorn Property”) from Rimfire Minerals Corporation (the “Acquisition”), a subsidiary of Kiska Metals Corporation, and has closed its equity financing pursuant to which a wholly-owned subsidiary of Hecla Mining Company (“Hecla”) acquired 17,250,000 common shares of the Company (the “Shares”) at a price of $0.15 per share for total gross proceeds of $2,587,500 (the “Financing”). Mr. Gary R. Thompson, Chairman and CEO stated, “We are delighted to have completed these two significant milestones and look forward to the 2013 exploration…

Brixton Metals Announces $2.6 Million Strategic Investment from Hecla Mining

February 21, 2013 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that it has entered into a strategic partnership with Hecla Mining Company (“Hecla”) pursuant to which a wholly-owned subsidiary of Hecla has agreed to acquire 17,250,000 common shares of the Company (the “Shares”), representing 19.8% of the outstanding Shares, at a price of $0.15 per Share for total gross proceeds to Brixton of $2,587,500 (the “Financing”). Mr. Gary Thompson, Chairman and CEO of Brixton Metals stated, “Hecla’s endorsement through this strategic investment is a huge vote of confidence for Brixton and speaks volumes to the potential of the Thorn project.  Hecla also brings a wealth of knowledge gained from 120 years of mining and exploration experience, and this…

Brixton Metals Enters into Definitive Purchase and Sale Agreement

February 1, 2013 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that, further to its news release issued on January 8, 2013, it has entered into a definitive purchase and sale agreement (the “Purchase and Sale Agreement”) with Rimfire Minerals Corporation (“Rimfire”) and Kiska Metals Corporation (“Kiska”) to acquire a 100% interest in the Thorn property (the “Thorn Property”) (the “Transaction”). Under the terms of the Purchase and Sale Agreement, Brixton will acquire a 100% interest in the Thorn Property through the payment to Kiska of $1.5 million in cash and the issuance of an aggregate of 7 million common shares of Brixton. The consideration shares will be subject to voluntary trading restrictions which will restrict their transferability for…

Brixton Metals to Acquire 100% Interest in Thorn Property

January 8, 2013 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that it has entered into a non-binding letter agreement dated January 7, 2013 to acquire a 100 percent interest in the Thorn property (the “Thorn Property”) from Rimfire Minerals Corporation (“Rimfire”) (the “Transaction”), a subsidiary of Kiska Metals Corporation (“Kiska”). Brixton has agreed to pay to Kiska $1.5 million in cash and issue 7,000,000 shares in its capital stock to acquire the Thorn Property. Mr. Gary R. Thompson, Chairman and CEO stated “This is an exciting and major milestone for Brixton Metals and its shareholders. This transaction cleans up the ownership structure and enables us to secure the upside potential of further discoveries for our shareholders.” Pursuant to…

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