18:36:01 EDT Tue 14 May 2024
Enter Symbol
or Name
USA
CA



Brixton Metals Corp (2)
Symbol BBB
Shares Issued 446,570,314
Close 2023-11-23 C$ 0.145
Market Cap C$ 64,752,696
Recent Sedar Documents

Brixton Metals private placement

2023-11-23 16:15 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Oct. 30, 2023, and increased on Nov. 6, 2023, and Nov. 10, 2023.

Number of shares:  15,016,666 non-flow-through (NFT) shares, 49,386,593 flow-through (FT) shares, 16,384,645, charity-flow-through (CFT) shares

Purchase price:  15 cents per NFT share, 17 cents per FT share, 24 cents per CFT share

Warrants:  40,393,950 share purchase warrants to purchase 40,393,950 shares

Warrant exercise price:  23 cents for a two-year period

Number of placees:  43 placees

Aggregate existing insider involvement:   two insiders, 16,384,645 CFT shares and 205,900 FT shares

Aggregate pro group involvement:   one group, 75,000 FT shares

Finder's fee:  $92,940.12, 558,235 warrants

Finder's warrants terms:  Each non-transferable warrant entitles the holder to purchase one common share at the price of 23 cents for period of two years from the date of issuance.

The company issued news releases on Nov. 20, 2023, and Nov. 22, 2023, confirming closing of the private placement.

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