Brixton Metals Corporation (TSX-V: BBB) (OTCQX: BBBXF) is pleased to announce that it has closed a third and final tranche of a non-brokered private placement offering of national flow-through shares in the capital of Brixton and critical mineral flow-through shares in the capital of Brixton. In connection with closing the third and final tranche of the Offering, the Company issued 147,059 FT Shares and 1,456,339 CMFT Shares for combined gross proceeds of $1,134,000.81. In total, the Company has issued 3,676,504 FT Shares and 6,561,638 CMFT Shares across all tranches of the Offering for aggregate gross proceeds of $7,158,785.70.

The gross proceeds from the sale of FT Shares will be used to incur “Canadian exploration expenses” and “flow-through mining expenditures” as defined in the Income Tax Act (Canada). The gross proceeds from the CMFT Shares will be used to incur “flow-through critical mineral mining expenditures” as defined in subsection 127(9) of the Act. Exploration expenditures are mainly for exploration and drilling at the Company’s Thorn Copper-Gold Project in British Columbia and the Langis Silver-Cobalt Project in Ontario.

In connection with closing the third tranche of the Offering, the Company paid $66,840.01 and issued 94,513 non-transferable common share purchase warrants to arm’s length parties who assisted in introducing subscribers to the third tranche of the Offering. Each Compensation Warrant is exercisable to acquire one common share in the capital of the Company at an exercise price of $0.68 until November 12, 2028. In total, the Company paid $123,840.75 and issued 178,150 Compensation Warrants across all tranches of the Offering.

All securities issued in connection with the Offering are subject to a hold period of four months and one day expiring on March 13, 2027 pursuant to applicable Canadian securities laws.

About Brixton Metals Corporation

Brixton Metals is a Canadian exploration company focused on advancing its mining projects. Brixton wholly owns five exploration projects: the Langis and Hudson Bay silver Projects in Ontario; the Thorn copper-gold-silver-molybdenum Project in NW British Columbia; the Hog Heaven copper-silver-gold Project in NW Montana, USA, which is optioned to Ivanhoe Electric Inc.; and the Atlin Goldfields Project in northwest BC. Brixton holds an option to acquire a 100% interest in the silver-focused Silvergruvan Project in Sweden. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB, and on the OTCQX under the ticker symbol BBBXF. For more information about Brixton, please visit our website at www.brixtonmetals.com.

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO
info@brixtonmetals.com

For Investor Relations inquiries, please contact: Mr. Michael Rapsch, Vice President Investor Relations. email: michael.rapsch@brixtonmetals.com or call Tel: 604-630-9707.

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