US EditionBrixton Metals Closes Private Placement
BRITISH COLUMBIA, JUL 11 – Brixton Metals raised $2.37 million through flow-through shares to finance drilling aimed at advancing exploration at its Thorn Project, officials said.
- Brixton Metals Corporation completed a non-brokered private placement of 18,234,708 flow-through shares on July 11, 2025, in Vancouver, British Columbia.
- The Offering, previously announced on July 7, 2025, aimed to raise $2,370,512.04 to fund drilling at the Company’s Thorn Project in British Columbia.
- The securities issued are restricted under Canadian regulations and cannot be traded until after November 12, 2025. Additionally, intermediaries received finder’s fees totaling $51,000.71 along with 392,313 warrants exercisable at $0.13 per share until July 11, 2027.
- The Company warned that, aside from historical information, all other statements are forward-looking and involve risks; additionally, the securities mentioned have not been approved or qualified for sale in the United States under federal or state securities regulations, limiting their distribution there.
- The private placement supports exploration plans, but forward-looking statements involve risks and uncertainties that may cause actual results to differ materially.
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