TSX VENTURE COMPANIES
BRIXTON METALS CORPORATION ("BBB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: July 11, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 10, 2016 and June 22, 2016:
Number of Shares: 1,272,166 flow-through shares
6,267,282 non-flow-through shares
Purchase Price: $0.33 per flow-through share
$0.30 per non-flow-through share
Warrants: 6,267,283 share purchase warrants to purchase 6,267,283 shares
Warrant Exercise Price: $0.50 for a two year period
Number of Placees: 85 Placees
Insider / Pro Group Participation:
Insider=Y /
Name ProGroup=P # of Shares
XT88 Holdings Inc. (Gary Thompson) Y 166,667
Spartan Holdings Ltd. (Cale Moodie) Y 166,667
MA2 Capital Inc. (Sorin Posescu) Y 166,667
Aggregate Pro Group Involvement
[5 Placees] 203,334
Finder's Fee: Red Cloud Klondike Strike Inc. - $52,644.56 and 169,990 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
Leede Jones Gable Inc. - $24,839.24 and 80,131 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
Odlum Brown Limited - $3,140.03 and 10,203 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
PI Financial Corp. - $4,704.00 and 15,470 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
Mackie Research Capital Corporation - $1,050.00 and 3,500 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
GMP Securities L.P. - $875.00 and 2,811 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
Canaccord Genuity Corp. - $6,579.99 and 21,333 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
Primary Capital Inc. - $35,000.00 and 116,666 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
Pertinax Capital BVBA (Olivier Thielins) - $630.00 and 2,100 Finder's Warrants that are exercisable into common shares at $0.50 per share for a two year period.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s). Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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