BRIXTON METALS CORPORATION ("BBB")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: October 25, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced September 15, 2017:
Number of Shares: 5,232,036 shares
Purchase Price: $0.32 per share
Warrants: 2,774,179 share purchase warrants to purchase 2,774,179 shares
Warrant Exercise Price: $0.48 for a three year period
Number of Placees: 19 Placees
Finder's Fee: Elemental Capital Partners LLP - $84,504.00 and 132,038 Finder's Warrants exercisable at $0.32 per share for a three year term.
Leede Jones Gable Inc. - $448.00 and 700 Finder's Warrants exercisable at $0.32 per share for a three year term.
Thomas Wharton - $12,911.64 and 20,174 Finder's Warrants exercisable at $0.32 per share for a three year term.
Gravitas Securities Inc. - $3,360.00 and 5,250 Finder's Warrants exercisable at $0.32 per share for a three year term.
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company issued a news release dated October 18, 2017 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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