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...
Read MoreBrixton 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...
Read MoreBrixton 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...
Read MoreBrixton 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...
Read MoreBrixton 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...
Read MoreBrixton 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...
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