Mr. Gary Thompson reports

BRIXTON METALS COMPLETES $1.4 MILLION FINANCING

Brixton Metals Corp. has closed its non-brokered private placement financing, which was announced Sept. 12, 2012. The private placement consists of 7,916,953 units at a price of 13 cents per unit and 2,581,667 flow-through shares of Brixton at a price of 15 cents per flow-through share for total gross proceeds of $1,416,454. Each unit consists of one common share and one transferable common share purchase warrant, with each warrant exercisable by the holder into one common share of the company at a price of 23 cents per share for a period of 24 months from the closing date.

Finder's fees totalling $50,700.99 in cash and 360,266 non-transferable finder's warrants were paid and issued in accordance with the policies of the TSX Venture Exchange.

The proceeds from the private placement will be used to finance exploration activities at the company's Thorn property and for assessment of other gold-silver-copper projects, as well as general and administrative expenses.

We seek Safe Harbor.