Brixton Metals Closes Private Placement
Brixton Metals Closes Private Placement
Not for distribution to United States Newswire Services or for dissemination in the United States
VANCOUVER, British Columbia, July 11, 2025 - Brixton Metals Corporation (TSX-V: BBB,
OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it completed on July
11, 2025 , the non-brokered private placement previously announced on July 7, 2025 (the
"Offering"). The Offering consisted of 18,234,708 flow-through shares (each, a “FT Share”), for
total gross proceeds of $2,370,512.04.
Each FT Share was issued as a “flow-through share” within the meaning of the Income Tax Act
(Canada).
The use of proceeds will be for drilling at the Company’s Thorn Project in British Columbia.
The securities issued to subscribers of the FT Shares are subject to a hold period until November
12, 2025, pursuant to applicable Canadian securities laws.
Finder's fees of an aggregate $51,000.71 and 392,313 warrants to purchase common shares of
the Company at a per share price of $0.13 until July 11, 2027 were paid to persons who introduced
the Company to subscribers to the Offering.
On Behalf of the Board of Directors
Mr. Gary R. Thompson, Chairman and CEO
Tel: 604-630-9707 or email: [email protected]
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, or other similar
expressions. All statements other than statements of historical fact included herein are forward- looking
statements, including, without limitation, statements regarding potential quantity and/or grade of minerals,
potential size and expansion of a mineralized zone, proposed timing of exploration and development plans,
and the use of proceeds of the Private Placement. 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 fili ngs 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.
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Brixton does not undertake to update any forward-looking information except in accordance with applicable
securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be registered under the United States
Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not
be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless
registered under the U.S. Securities Act and applicable state securities laws, unless an exemption from
such registration is available.
Not for distribution to United States Newswire Services or for dissemination in the United States