Canada:
Brixton Metals Closes $7.7 Million Upsized Private Placement With Strategic Investment By Eric Sprott
15 August 2019
Gowling WLG
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On August 9, 2019, Brixton Metals Corporation (TSXV: BBB)
(OTCQB: BBBXF) completed its previously announced upsized private
placement of units and flow-through common shares of the company
for gross proceeds of $7,798,656.02.
Pursuant to the private placement, Mr. Eric Sprott, through
2176423 Ontario Ltd., a corporation which is beneficially owned by
him, acquired 22,250,000 units for total consideration of
$4,005,000, thereby becoming the biggest shareholder of Brixton
Metals.
Brixton Metals is a Canadian exploration and development company
focused on the advancement of its gold copper and silver projects
toward feasibility with assets in British Columbia, Ontario and
Montana.
Gowling WLG advised Brixton Metals with a team that included
Denis Silva assisted by paralegal Toni Vodola.
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GowlingWLG.com
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