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Brixton Metals Corporation (TSXV:BBB) announced that it has closed its previously announced and over-subscribed non-brokered private placement financing.
Brixton Metals Corporation (TSXV:BBB) announced that it has closed its previously announced and over-subscribed non-brokered private placement financing. The Private Placement consisted of the sale of 6,267,283 units at a price of $0.30 per Unit and 1,272,166 flow-through shares of Brixton at a price of $0.33 per FT Share for aggregate gross proceeds of $2.3 million.
The proceeds from the Private Placement will be used to fund exploration activities at the Company’s Langis and Thorn properties as well as for general and administrative expenses.
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