Brixton Metals announces that it has closed its previously announced non-brokered private placement financing. Pursuant to the Private Placement, the Company issued 6,609,500 flow-through shares of Brixton at a price of $0.20 per FT Share for aggregate gross proceeds of approximately $1,321,900. The gross proceeds from the Private Placement will be used to fund exploration activities for 2013 at the Company's Thorn [...]
Brixton Metals announces a non-brokered private placement financing. The Private Placement provides for the issuance of up to 7,500,000 flow-through shares of Brixton at a price of $0.20 per FT Share for aggregate gross proceeds of up to approximately $1,500,000. The offering price is equal to approximately the Company's 20-day volume-weighted average price for the period ending December 7, 2012.
Brixton Metals announces that in connection with the appointment of Mr. Sorin Posescu, P.Geo. as Vice President of Geology, as announced by news release on November 5, 2012, it has granted an aggregate of 200,000 options, vesting over a one-year period, to purchase common shares of Brixton exercisable at a price of 0.175 per common share until ten years from the date of grant to Mr. Posescu.
Brixton Metals is pleased to announce the balance of its phase two, 2012 drilling results at the Thorn project, located in Northwest British Columbia, Canada. This latest phase of drilling has culminated in the assaying of one of the best drill intercepts to date at Oban, expanding the zone to depths previously untested.
Brixton Metals is pleased to announce the completion of the phase two, 2012 drill program and soil sampling program at its Thorn project, located in Northwest British Columbia. A total of 1,738m were drilled in 13 NQ diamond drill holes. The depth of the holes ranged from 45m to 338m. Additional drill results from holes THN12-81,82 and 84 - 87 as well as soil sample results are pending and shall be released upon receipt [...]
Brixton Metals announces the start of its Phase two, 2012 drill program at the Thorn Ag-Au-Pb-Zn-Cu project located in Northwestern British Columbia. Crews were mobilzed to the Thorn Project on September 28th, 2012. The current phase of exploration will focus on drilling at the Oban breccia zone and soil sampling in the upper Amarillo creek drainage area.
Brixton Metals announces that it has closed its non-brokered private placement financing which was announced September 12, 2012. The Private Placement consists of 7,916,953 units at a price of $0.13 per Unit and 2,581,667 flow-through shares of Brixton at a price of $0.15 per FT Share for aggregate gross proceeds of $1,416,454. Each Unit consists of one common share and one transferable common share purchase warrant with [...]