Brixton Metals Reduces Royalties at its Thorn Project Through a Purchase Agreement with Kohima Pacific Gold

Brixton Metals Reduces Royalties at its Thorn Project Through a Purchase

Agreement with Kohima Pacific Gold

VANCOUVER, British Columbia, June 20, 2024 - Brixton Metals Corporation (TSX-V: BBB,

OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it has entered into a

Royalty Purchase Agreement dated June 17, 2024 (the " Royalty Purchase Agreement ") with

Kohima Pacific Gold Corporation (“Kohima”), a private company, pursuant to which the Company

will purchase and concurrently cancel, the outstanding 2% royalty on net smelter returns from the

Check-Mate claim and the outstanding 3.5% royalty on net smelter returns from the Stuart claims,

all of which are located on the Company’s Thorn Project.

Chairman and CEO , Gary R. Thompson , stated, “We are pleased to have reached an agreement

with Kohima on the purchase of these royalties , further reducing encumbrances and increasing the

potential viability of the project. The original Check-Mate mineral claims were centered on the Camp

Creek Target area including the near surface high-sulphidation gold-silver-copper mineralization and

the porphyry copper-gold-silver-molybdenite mineralization at depth.”

The Company has agreed to issue, subject to the acceptance by the TSX Venture Exchange, an

aggregate of 2,500,000 common shares to Kohima in consideration for the purchase and

cancellation of the net smelter return royalties all as set out in the Royalty Purchase Agreement.

The common shares to be issued by the Company in accordance with the terms of the Royalty

Purchase Agreement will be subject to a hold period of four months and one day from the date of

issuance in accordance with applicable securities legislation and TSX Venture Exchange policy. No

finder's fees are payable in connection with the transaction.

About Brixton Metals Corporation

Brixton Metals is a Canadian exploration company focused on the advancement of its mining

projects. Brixton wholly owns four exploration projects: Brixton’s flagship Thorn copper -gold-silver-

molybdenum Project, the Hog Heaven copper -silver-gold Project in NW Montana, USA, which is

optioned to Ivanhoe Electric Inc., the Langis -HudBay silver-cobalt-nickel Project in Ontario and the

Atlin Goldfields Project located in northwest BC. Brixton Metals Corporation shares trade on the TSX-

V under the ticker symbol BBB, and on the OTCQB under the ticker symbol BBBXF.

For more information about Brixton, please visit our website at www.brixtonmetals.com.

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO

Tel: 604-630-9707 or email: [email protected]

Michael Rapsch, Senior Manager, Investor Relations

Tel: 604-630-9707, 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, including statements that address potential quantity and/or grade of minerals, potential

size and expansion of a mineralized zone, proposed timing of exploration and development plans, or other similar

expressions. All statements, other than statements of historical fact included herein including, without limitation, statements

regarding the use of proceeds. 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 filings 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.