Brixton Metals Corporation Announces Share Consolidation
Globenewswire·2026-02-17 12:30

Core Viewpoint - Brixton Metals Corporation has announced a consolidation of its common shares, with a ratio of one post-consolidation share for every ten pre-consolidation shares, following shareholder approval [1][2]. Group 1: Share Consolidation Details - The consolidation was approved at the Annual General and Special Meeting of Shareholders held on February 4, 2026 [2]. - Post-consolidation shares will begin trading on the TSX Venture Exchange on February 20, 2026, under the existing symbol "BBB" [2]. - After the consolidation, Brixton will have approximately 71,323,542 common shares issued and outstanding [3]. Group 2: Fractional Shares and Shareholder Instructions - No fractional shares will be issued; fractional interests less than 0.5 will be rounded down, while those 0.5 or greater will be rounded up [3]. - The Company's transfer agent, TSX Trust Company, will send a letter of transmittal to registered shareholders with instructions for exchanging pre-consolidation share certificates [4]. Group 3: Company Overview - Brixton Metals is a Canadian exploration company focused on advancing its mining projects, including the flagship Thorn copper-gold-silver-molybdenum Project and other projects in the USA and Canada [5].