Brixton Metals Closes $1.8M First Tranche of Private Placement led by Gravitas Securities Inc. and Provides Corporate Updates
April 4, 2017 – Brixton Metals Corporation (TSXV: BBB) (the “Company” or “Brixton”) is pleased to announce that it has closed its previously announced private placement of units and flow-through common shares for aggregate gross proceeds of approximately $1.8 million (the “Private Placement”). The Private Placement was brokered by Gravitas Securities Inc. (“Gravitas”) and Red Cloud Klondike Strike Inc. (together, the “Agents”) and the Private Placement included a non-brokered component that completed concurrently. The Company intends to use the net proceeds to advance its Thorn project and its Langis project, and for general working capital.
