Group 1 - Brixton Metals Corporation completed a non-brokered private placement on July 11, 2025, raising total gross proceeds of $2,370,512.04 through the issuance of 18,234,708 flow-through shares [1][2] - The proceeds from the offering will be utilized for drilling activities at the Company's Thorn Project located in British Columbia [2] - The flow-through shares are subject to a hold period until November 12, 2025, in accordance with Canadian securities laws [2] Group 2 - Finder's fees totaling $51,000.71 were paid, along with 392,313 warrants to purchase common shares at a price of $0.13, valid until July 11, 2027 [3] - The news release includes forward-looking statements regarding future business and financial performance, including potential mineral quantities and exploration plans [4][5]
Brixton Metals Closes Private Placement
Globenewswireยท2025-07-11 22:22