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Brixton Metals Closes $1,023,300 Financing

Brixton Metals Corporation (TSX VENTURE: BBB) (the “Company” or “Brixton“) is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement financing (the “Private Placement“). The Private Placement consisted of the sale of6,233,000 units (“Units“) at a price of $0.10 per Unit and 4,000,000 flow-through shares of Brixton (the “FT Shares“) at a price of $0.10 per FT Share for aggregate gross proceeds of $1,023,300. Each Unit consists of one common share and one transferable common share purchase warrant with each Warrant exercisable by the holder into one common share of the Company at a price of $0.15 per share for a period of 36 months from the closing date. Mr. Robert McEwen (Evanachan Limited) and CMP 2016…

Brixton Metals Provides Preliminary Model of the Langis Silver Project

    Brixton Metals Provides Preliminary Model of the Langis Silver Project March 2, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces that it has published additional data on the Langis Silver project located in Northeast Ontario through a short video. The video is preliminary and is subject to change as additional data is acquired and compiled. Please click on link, https://youtu.be/8EvToTSCZTk Additional historical drill results from the newly acquired Langis Silver project (circa 1990) can be found below.   True width intervals for these drill results are unknown at this time.   Source: The Cobalt Museum; Technical Report on the Langis Project by Dale R. Alexander, P.Geo, May 17, 2013; Annual Report, Agnico Eagle Mines 1987, Interim Report; Agnico Eagle Mines...

Brixton Metals Increases Financing to $1M

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 25, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES Brixton Metals Corporation (TSX VENTURE:BBB) (the "Company" or "Brixton") announces that it has increased the size of its non-brokered private placement financing (the "Private Placement") to be up to $1,000,000 through the issuance of any combination of units ("Units") and flow-through shares (the "FT Shares"). The Units will be priced at $0.10 per Unit and the price of the FT Shares will be determined in the context of the market. Each Unit will consist of one common share and one transferable common share purchase warrant ("Warrant") with each Warrant exercisable by the holder into one common share of the Company at a price...

Brixton Metals Closes Its Acquisition Of The Past Producer LANGIS SILVER Mine

February 2, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce the completion of the purchase and sale agreement with Canagco Mining Corp. (“Canagco”) to acquire a 100% interest in the claims comprising the past-producing Langis silver mine (the “Property”). The project is located in the historic Cobalt silver mining camp of northeastern Ontario (the “Agreement”). Brixton issued 3,242,500 common shares of the Company (the “Brixton Shares”) and made cash payments for a total $55,000 to acquire the Property. A Finder’s Fee of $6,887 and 101,283 shares will be paid to Added Capital Inc., in connection with the transaction. The total number of Brixton shares issued and outstanding will be 14,834,658.   All of the Brixton Shares issued pursuant...

Brixton Metals Announces Non-Brokered Financing

January 11, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces a non-brokered private placement financing (the “Private Placement”). The Private Placement will provide for the issuance of up to 5,000,000 shares through any combination of units (“Units”) and flow-through shares (the “FT Shares”) for aggregate gross proceeds of up to $400,000. The Units will be priced at $0.08 per Unit and the price of the FT Shares will be determined in the context of the market. Each Unit will consist of one common share and one transferable common share purchase warrant (“Warrant”) with each Warrant exercisable by the holder into one common share of the Company at a price of $0.15 per share for a period of 36 months from the…

Brixton Metals to Acquire the Past-Producing Langis Silver Mine

  November 30, 2015 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that is has entered into an asset purchase and sale agreement with Canagco Mining Corp. (“Canagco”) to acquire a 100% interest in the claims comprising the past-producing Langis silver mine (the “Property”) located in the historic Cobalt silver mining camp of northeastern Ontario (the “Agreement”). Brixton will issue 3,242,500 common shares of the Company (the “Brixton Shares”) to acquire the Property, with Brixton Shares being issued to Canagco and certain other persons identified by Canagco in satisfaction of outstanding liabilities of Canagco.  Brixton will also make a cash payment of $55,000.   All Brixton Shares issued pursuant to the Agreement will be subject to a twelve month...

Brixton Metals Announces Grant of Stock Options

April 7, 2015 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces that it has granted 35,000 incentive stock options to a director of the Company at an exercise price of $0.14 per share. These options are granted for a ten–year term, and will vest over a one-year period from the date of grant. The options were granted in accordance with the Company’s stock option plan which was approved by shareholders on May 6, 2014. These options are the only options issued by the Company at this time. About Brixton Metals Corporation and its Thorn Project Brixton is an exploration company focused on the advancement of high-grade precious metal assets to feasibility. Brixton’s Thorn project hosts a district scale Triassic to Cretaceous volcanoplutonic…

Brixton Metals Files NI 43-101 Technical Report

December 15, 2014 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that further to its press release dated October 29, 2014, it has filed a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) technical report titled “Independent Technical Report for the Thorn Project, Sutlahine River Area, British Columbia, Canada” dated December 12, 2014 with an effective date of September 26, 2014 (the “Technical Report”).   The Technical Report was prepared in accordance with NI 43-101 and Form 43-101F1 by SRK Consulting (Canada) Inc. and is authored by independent Qualified Persons, as defined in NI 43-101. The Technical Report is available under the Company’s profile at www.sedar.com.   About Brixton Metals Corporation and its Thorn Project…

Brixton Metals Establishes An Inferred Resource of 21.5 million Ounce Silver Equivalent On Limited Drilling

October 29, 2014 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce its independent maiden resource estimate of 21.5 million ounces of silver equivalent as an inferred resource at its 100% owned Thorn project located in northwestern B.C.  SRK Consulting Canada Inc., has provided the inferred resource estimate based on approximately 15,160 metres of drilling. The resource estimate combines three mineralized zones; Oban, Talisker and Glenfiddich.   Highlights of 2014 Results   The 3 zones combined total 21.5Moz AgEq of inferred resource All mineralized zones remain open for expansion Most of the inferred resource is open pit material The sediment-hosted gold discovery in 2014 provides significant upside potential Abundant high-grade gold-silver targets remain to be tested   Chairman and CEO…

Brixton Metals Discovers Sediment Hosted Gold Zone at its Thorn Project And Drills 59.65 metres of 1.15 g/t Au and 5.64 g/t Ag

July 29, 2014 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce results from its 2014 exploration program at its 100 percent owned Thorn project.  Brixton completed eight NQ sized core drill holes for a total of 1,287 metres within two separate areas of the property. Drilling was focused on the Glenfiddich (464 metres in 4 holes) and Outlaw zone (823 metres in 4 holes). A total of 396 drill core specific gravity measurements were collected from the Oban, Talisker, Glenfiddich and Outlaw zones.   Highlights of Results   Discovery of a new sediment hosted gold zone at Outlaw: Hole 128 returned 59.65 metres of 1.15 g/t Au and 5.64 g/t Ag from 76.00 metres depth.  Including 9.00 metres of…

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