Announcement • 6h
Brixton Metals Corporation announced that it expects to receive CAD 5 million in funding Brixton Metals Corporation has announced a non-brokered private placement offering of up to 7,575,757 units of the Company at a price of CAD 0.66 per Unit, for aggregate gross proceeds of up to CAD 4,999,999.62 on August 5, 2026. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant, with each Warrant exercisable to purchase one additional Common Share for a period of three years from the closing date of the Offering at an exercise price of CAD 0.90. The Warrants will be subject to an accelerated expiry if, any time after the closing date of the Offering, the closing price of the common shares of the Company on the TSX Venture Exchange, or such other market as the Shares may trade from time to time, is or exceeds CAD 1.40 for ten consecutive trading days, in which event the holders of the Warrants may, at the Company’s election, be given notice and the Company will issue a press release announcing that the Warrants will expire ten (10) days following the date of such press release. The Warrants may be exercised by the holder of the Warrants during the ten-day period between the date of the press release announcing the accelerated expiry date and the expiration of the Warrants. The Offering is subject to certain closing conditions including, but not limited to, the receipt of all necessary approvals including the conditional listing approval of the TSXV and the applicable securities regulatory authorities. The securities issued under the Offering will be subject to a hold period expiring four months and one day from the closing date of the Offering in accordance with applicable securities laws. Finder’s fees in amounts to be determined may be payable to persons who introduce the Company to subscribers to the Offering. Insiders of the Company may participate in the Offering. The Offering is subject to acceptance by the TSXV. Announcement • Jun 30
Brixton Metals Corporation Reports Initial Drill Results from Thorn Project Glenfiddich Zone Brixton Metals Corporation announced initial drill results of the 2026 season from its wholly owned Thorn Project located in NW British Columbia, Canada. Hole THN26-372 returned 14.75m of 1.25% copper, 1.71 g/t gold, 149.00 g/t silver from 84.25m depth. Including 1.50m of 8.33% copper, 11.30 g/t gold, 971.00 g/t silver. Hole THN26-372 also returned 6.12m of 0.48% copper, 0.45 g/t gold, 56.21 g/t silver from 53.38m depth. Including 1.00m of 2.24% copper, 1.22 g/t gold, 249.00 g/t silver from 56m depth. Assay values are weighted averages. Reported intervals are drilling length and the true width of the mineralized intervals has not yet been determined. The objective was to expand the northeast trending mineralization identified in previous drilling at the Glenfiddich Zone to update the 2014 Mineral Resource Estimate. Hole THN26-372 was collared and drilled at an azimuth of 150 degrees with a dip of -70 degrees to depths of 99.00m. Another hole was drilled from the same pad, THN26-371, at an azimuth of 150 degrees with a dip of -60 degrees, to a depth of 150.00m with assays still pending. These collars are located 28m to the northwest from hole THN25-322. Hole THN25-322 intersected 16.00m of 3.40 g/t gold, 96.08 g/t silver, and 0.59% copper, including 3.00m of 8.16 g/t gold, 159.66 g/t silver and 0.73% copper. Mineralization such as quartz-breccia-pyrite-sulphosalt-sphalerite-galena with trace bornite-covellite is hosted within a pervasively sericite-pyrite altered diorite porphyry unit. Drilling continues on the target, with 7 holes completed to date, including THN26-372, totalling 1,736.50m, with assays pending. Quality assurance and quality control protocols for drill core sampling was developed by Brixton. Core samples were mostly taken at 1.5m intervals. High-grade intervals were taken at 0.50 to 1.50m intervals. Blank, duplicate (lab pulp) and certified reference materials were inserted at a combined rate of up to 15%. Core samples were cut in half, bagged, zip-tied and sent directly to ALS Minerals preparation facility in Whitehorse, Yukon or Langley, British Columbia depending on available lab capacity. ALS Minerals Laboratories is registered to ISO 9001:2008 and ISO 17025 accreditations for laboratory procedures. Samples were analyzed at ALS Laboratory Facilities in North Vancouver, British Columbia for gold by fire assay with an atomic absorption finish, whereas Ag, Pb, Cu and Zn and 48 additional elements were analyzed using four acid digestion with an ICP-MS finish. Over limits for gold were analyzed using fire assay and gravimetric finish. The standards, certified reference materials, were acquired from CDN Resource Laboratories Ltd., of Langley, British Columbia and the standards inserted varied depending on the type and abundance of mineralization visually observed in the primary sample. Blank material used consisted of non-mineralized siliceous landscaping rock. Announcement • Jun 18
Brixton Metals Commences Drilling for Maiden Tailings Mineral Resource Estimate At the Langis Silver Project Brixton Metals Corporation has commenced a dedicated sonic-drilling campaign to define a potential initial Mineral Resource Estimate from the historic tailings at its wholly owned Langis Silver Project, located in the Cobalt silver mining camp of Ontario, Canada. The tailings program targets a potential compliant resource to advance a Recovery and Remediation Plan and generate near-term cash flow, while two additional rigs execute the Company’s fully funded 60,000-meter 2026 bedrock drill program to expand known mineralized zones and test unmined extensions, bringing the total to three rigs now active across the Project. The 2026 objectives at the Langis Silver Project are to define a maiden tailings Mineral Resource Estimate through dedicated sonic drilling, test new structural and unconformity targets for additional mineralization, and extend and infill known high-grade silver zones to improve continuity. An active sonic drill rig on-site is entirely dedicated to evaluating the historic tailings areas from operations spanning 1956 through 1968. The Company’s objective is to delineate a potential Mineral Resource Estimate, advance a Recovery and Remediation Plan, and generate near-term cash flow. In addition to its economic potential, the project represents a meaningful environmental remediation opportunity by recovering valuable metals from historic mine waste while reducing the long-term environmental footprint of the legacy tailings facility. Successfully defining a compliant resource could also provide non-dilutive funding to sustain and expand long-term, hard-rock exploration drilling across the broader Langis property. This initiative aligns with the Government of Ontario’s new regulatory framework for the recovery of residual minerals from tailings and other mine wastes. Effective July 1, 2025, Ontario’s Recovery of Minerals regime under the Mining Act establishes a streamlined permitting process that allows qualifying projects to proceed with a recovery permit rather than a full closure plan. Applicants must submit a Recovery and Remediation Plan and satisfy applicable consent, consultation, financial assurance and regulatory requirements. The framework is intended to support faster mineral recovery activities while maintaining health, safety and environmental protections. The opportunity is underpinned by historical processing records indicating that the tailings were milled at an average feed grade of approximately 20 to 25 opt silver, with recoveries of approximately 88%. This implies that roughly 2.4 to 3.0 opt (approximately 75 to 95 g/t) of silver, representing the unrecovered balance, may remain in the legacy tailings, and this residual silver is the focus of the Company’s tailings drilling and metallurgical test work. These historical figures are unverified and conceptual in nature. The technical team has successfully mapped the physical extensions of the tailings. A dedicated sonic drill is currently executing a systematic drilling grid over these mapped extensions to confirm spatial and grade continuity. In parallel with the active drill program, Brixton is preparing comprehensive metallurgical test work. This analytical program will be conducted on representative samples from both the surface tailings environment and the hard-rock exploratory drill core to define optimized processing and recovery parameters across both material types. The current drilling and upcoming metallurgical testing are designed to systematically transition historical targets into a verified, compliant asset framework. The historical processing data from the 1956–1968 period, including references to average feed grades of approximately 20 to 25 opt silver and potential recoveries of 88%, are historical in nature and are based on operational records that have not been verified by a Qualified Person. These estimates are being used solely as a guide for the current tailings MRE drilling program. A Qualified Person has not done sufficient work to classify these historical estimates as current mineral resources, and Brixton is not treating them as current mineral resources. While Brixton is drilling to define a potential mineral resource, it remains uncertain if further exploration will result in the target being successfully delineated as a formal mineral resource. Brixton holds ownership of the surface rights and patented claims covering the targeted tailings area, providing the Company with direct access to the legacy material and reducing potential third-party land-use constraints. The Langis Project also benefits from strong regional infrastructure, with proximity to roads, power, rail lines, and operating refineries and mills in the district. This existing title position and access to infrastructure enhance operational flexibility, help reduce logistical complexity, and support the efficient advancement of the Company’s evaluation of the tailings reprocessing opportunity. The ongoing 60,000-meter bedrock drill program at Langis is systematically targeting two primary geological vectors known to control high-grade silver mineralization within the historic camp: unconformity-related silver veins and regional structural pathways. Structural modelling using reprocessed gravity historical data has identified key regional structures interpreted to have acted as primary conduits for silver-bearing fluids.