Brixton Metals Corporation

Published : May 25th, 2016

Brixton Metals Adds Lands At Its LANGIS SILVER Project and Provides Corporate Update

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Keywords :   Cash | Cobalt |

Brixton Metals Adds Lands At Its LANGIS SILVER Project and Provides Corporate Update

May 20, 2016 - Brixton Metals Corporation (TSXV: BBB) (the 'Company' or 'Brixton') is pleased to announce it has entered into a purchase and sale agreement to acquire a 100% interest in the claims near its past producing Langis Silver mine (the 'Property'). Brixton will issue 10,000 common shares of the Company (the 'Brixton Shares') and make a cash payment of $3,000 to acquire the Property, subject to a 2% net smelter royalty ('NSR'). Brixton holds the option to purchase the NSR at $250,000 per 0.5%. In addition Brixton has staked 461 hectares of mineral claims in the area which are subject to approval by the Ministry of Northern Development and Mines of Ontario. Brixton's lands in the Langis and Cobalt camp now total 3,276 hectares.
The issuance of the Brixton Shares is subject to the approval of the TSX Venture Exchange and, if issued, will be subject to a four month and a day hold period.

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Gold and Silver Prices for these countries : Georgia | All

Brixton Metals Corporation

CODE : BBB.V
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Brixton Metals is an exploration silver and gold company based in Canada.

Brixton Metals is listed in Canada. Its market capitalisation is CA$ 8.5 millions as of today (US$ 6.5 millions, € 5.8 millions).

Its stock quote reached its highest recent level on December 10, 2010 at CA$ 4.00, and its lowest recent point on December 04, 2015 at CA$ 0.05.

Brixton Metals has 43 790 000 shares outstanding.

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In the News and Medias of Brixton Metals Corporation
6/21/2018Brixton Metals spins out cobalt assets
Financings of Brixton Metals Corporation
4/11/2016Brixton Metals Closes $1,023,300 Financing
11/6/2013Announces Private Placement
9/20/2013Announces $700 000 Private Placement
9/19/2013Announces $700,000 Private Placement
6/15/2013Announces Private Placement
12/12/2012Announces $1.5 million Financing
4/30/2012Completes $1.0 million Financing
4/11/2012Announces $1.0 million Financing
2/2/2012Announces Flow Through Financing
4/1/2011Completes Flow Through Private Placement
Nominations of Brixton Metals Corporation
2/9/2011Brixton Metals Appoints Mr. Hughes As VP Exploration
Project news of Brixton Metals Corporation
9/6/2013Corporate Update=3A Brand New Website=2C Exploration Video ...
7/19/2013Signs Exploration Agreement with Taku River Tlingit First Na...
11/5/2012expands The Oban Zone=2C cutting one of the widest high grad...
10/3/2012Brixton commences second phase of Thorn drilling
7/20/2012Brixton completes 2012 Phase I drilling at Thorn
7/18/2012COMPLETES PHASE ONE=2C 2012 DRILLING AT THE THORN PROJECT
6/1/2012Provides Exploration Plan and Corporate Update
3/20/2012Summarizing 2011 drill results and plans for 2012.
1/5/2012Brixton Metals Intersects 95m of 904 g/t AgEq Including 9.25...
1/5/2012Intersects 95m of 904 g=2Ft AgEq Including 9.25m of 3=2C646...
8/19/2011Commences Exploration in Alaska
6/6/2011Announces Drilling Underway At Thorn, B.C. While Alaskan Dis...
Corporate news of Brixton Metals Corporation
7/27/2016Brixton Metals Provides Corporate and Project Update
6/30/2016Brixton Metals Completes $2.3 Million Financing
5/25/2016Brixton Metals Adds Lands At Its LANGIS SILVER Project and P...
5/11/2016Brixton Metals Announces Financing of $2M
5/11/2016Brixton Metals and Timiskaming First Nation Sign Exploration...
4/28/2016Brixton Metals Acquires The Past Producer Hudson Bay Silver ...
4/19/2016Brixton Metals Closes Final Tranche for Aggregate Proceeds o...
4/8/2016Brixton Metals Closes $1,023,300 Financing
4/8/2016Acquisition of Units of Brixton Metals Corporation
3/2/2016Brixton Metals Provides Preliminary Model of the Langis Silv...
2/2/2016Brixton Metals Closes Its Acquisition of the Past Producer L...
11/30/2015Brixton Metals to Acquire the Past-Producing Langis Silver M...
4/7/2015Announces Grant of Stock Options
4/7/2015Brixton Metals Announces Grant of Stock Options
12/16/2014Brixton Metals Files NI 43-101 Technical Report
12/15/2014Brixton Metals Files NI 43-101 Technical Report
10/30/2014Brixton Metals Establishes An Inferred Resource of 21.5 mill...
10/29/2014Brixton Metals Establishes an Inferred Resource of 21.5 Mill...
7/29/2014Brixton Metals Discovers Sediment Hosted Gold Zone at its Th...
7/7/2014Brixton Metals Appoints Mr. Ian Ball to the Board of Directo...
2/24/2014Files Assessment Report and Provides Summary
10/17/2013Commences Exploration At Its Thorn Project
10/10/2013Secures Strategic Investment from Rob McEwen and Hecla Minin...
8/28/2013Expands the OBAN Zone and Drills up to 1=2C275 g=2Ft Silver ...
8/8/2013Samples 13.5 g/t Au and 207 g/t Ag from Soils and Provides U...
6/26/2013Receives Additional Strategic Investment from Hecla Mining
2/21/2013Announces $2.6 Million Strategic Investment From Hecla Minin...
2/1/2013Enters into Definitive Purchase and Sale Agreement
1/8/2013to Acquire 100% Interest in Thorn Property
12/12/2012Chairman & CEO=2C Gary Thompson=2C spreading the word about ...
10/2/2012Commences Phase Two, 2012 Drill Program At Thorn
9/26/2012Completes $1.4 Million Financing
9/4/2012Drills 83.9m of 296.50 g=2Ft AgEq including 12.9m of 769.42 ...
2/22/2012Receives its Independent Report on The Thorn Property Confi...
1/24/2012Enters Investor Relations Agreement with Brisco Capital Part...
1/11/2012in the news=3A ''Brixton CEO Gary Thompson on BC assays of ...
11/28/2011Drills 75 m of 1.12 g=2Ft AuEq at the Oban Breccia Zone and ...
10/25/2011Drills 49.78 m of 2.26 g=2Ft AuEq at Talisker
9/9/2011Provides an Exploration Update
8/17/2011Doubles Talisker Zone Strike and Drills 34.8 m of 1.33g/t Au...
8/11/2011Completes Public Offering for $2.7M
7/30/2011Files Final Short Form Prospectus
7/12/2011Clarifies Technical Disclosure Related to its Cristo Propert...
6/28/2011Files Preliminary Short Form Prospectus
5/10/2011ENGAGES CHF INVESTOR RELATIONS
3/22/2011is in the media spotlight again.
3/18/2011Is Updating Its Records
3/4/2011hits the media
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