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News Releases

Brixton Metals and Timiskaming First Nation Sign Exploration Agreement

May 10, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that it has entered into an Exploration Agreement (the “Agreement”) dated May 2, 2016 with Timiskaming First Nation (“TFN”) with respect to the Company’s Langis Silver project and other Cobalt lands. The Agreement is based on mutual respect and openness and sets the framework for advancing a long-term relationship while working in good faith to negotiate an Economic Benefits Agreement, should Brixton define an economic mineral deposit within the TFN traditional lands. The Agreement includes employment, business and training opportunities for TFN members and an annual Community Contribution based on exploration budgets. Timiskaming First Nation Chief Terence McBride stated,” Timiskaming First Nation is pleased to welcome Brixton Metals…

Brixton Metals Announces Financing of $2M

May 10, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) announces a non-brokered private placement financing (the “Private Placement”) of up to $2,000,000 through the issuance of any combination of units (“Units”) and flow-through shares (the “FT Shares”) with an option to increase by 15%. The Units will be priced at $0.30 per Unit and the FT Shares will be priced at $0.33 per FT Share. 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 $0.50 per share for a period of 24 months from the closing date. All securities issued pursuant to this Private Placement will…

Brixton Metals Acquires The Past Producer Hudson Bay Silver Mine

April 28, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that it has acquired 100% control over the past producing Hudson Bay silver mine in the Cobalt mining camp of Ontario. Brixton acquired the remaining interest in the Hudson Bay property through the issuance of 27,300 common shares and a cash payment of $1,000 (as previously disclosed in the Company’s news release dated April 19, 2016). The Hudson Bay mine operated from 1905 to 1943 and again in 1953 and produced a total of 6,452,266 oz of Silver, Sergiades, 1968. The average grade mined from 1905-1916 was 123 oz/ton Ag, Sergiades, 1968. Production came from primarily two narrow veins systems: Vein #1 and Vein #2 both had a…

Brixton Metals Closes Final Tranche for Aggregate Proceeds of $1,150,000

April 18, 2016 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement financing (the “Private Placement”). The final tranche of the Private Placement consisted of the sale of 1,017,000 units (“Units”) and 250,000 flow-through shares of Brixton (the “FT Shares”) for aggregate gross proceeds of $126,700. The Company raised a total of $1,150,000 under the Private Placement through the issuance of 7,250,000 Units at a price of $0.10 per Unit and 4,250,000 FT Shares at a price of $0.10 per FT Share. Each Unit consists of one common share and one transferable common share purchase warrant with each Warrant exercisable by the holder into one common…

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 of 6,233,000 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…

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…

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