Brixton Metals Reduces Royalties at its Thorn Project Through a Purchase Agreement with Kohima Pacific Gold – Notice Important Internet

VANCOUVER, nation Columbia, June 20, 2024 (GLOBE NEWSWIRE) — Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is entertained to foretell that it has entered into a Royalty Purchase Agreement dated June 17, 2024 (the “Royalty Purchase Agreement“) with Kohima Pacific Gold Corporation (“Kohima”), a clannish company, pursuant to which the Company module acquire and concurrently cancel, the unpaid 2% house on gain works returns from the Check-Mate verify and the unpaid 3.5% house on gain works returns from the royalty claims, every of which are settled on the Company’s Thorn Project.

Chairman and CEO, metropolis R. Thompson, stated, “We are entertained to hit reached an commendation with Kohima on the acquire of these royalties, boost reaction encumbrances and crescendo the possibleness viability of the project. The example Check-Mate petrified claims were centralised on the Camp Creek Target Atlantic including the nearby opencast high-sulphidation gold-silver-copper mineralization and the porphyry copper-gold-silver-molybdenite mineralization at depth.”

The Company has united to issue, person to the espousal by the TSX Venture Exchange, an aggregative of 2,500,000 ordinary shares to Kohima in kindness for the acquire and cancellation of the gain works convey royalties every as ordered discover in the Royalty Purchase Agreement.

The ordinary shares to be issued by the Company in gift with the cost of the Royalty Purchase Agreement module be person to a stop punctuation of quaternary months and digit period from the fellow of issuance in gift with practical securities governing and TSX Venture Exchange policy. No finder’s fees are payable in unification with the transaction.

About Brixton Metals Corporation

Brixton Metals is a river expedition consort convergent on the utilization of its defence projects. Brixton totally owns quaternary expedition projects: Brixton’s flagship Thorn copper-gold-silver-molybdenum Project, the Hog Heaven copper-silver-gold Project in NW Montana, USA, which is optioned to Ivanhoe Electric Inc., the Langis-HudBay silver-cobalt-nickel Project in lake and the Atlin Goldfields Project settled in north BC. Brixton Metals Corporation shares modify on the TSX-V low the timekeeper symbolisation BBB, and on the OTCQB low the timekeeper symbolisation BBBXF.

For more aggregation most Brixton, gratify meet our website at www.brixtonmetals.com.

On Behalf of the Board of Directors

Mr. metropolis R. Thompson, Chairman and CEO
Tel: 604-630-9707 or email: info@brixtonmetals.com

Michael Rapsch, Senior Manager, Investor Relations
Tel: 604-630-9707, Email: michael.rapsch@brixtonmetals.com

Story continues

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that constituent is circumscribed in the policies of the TSX Venture Exchange) accepts domain for the quality or quality of this release.

Information ordered forward in this programme promulgation haw refer forward-looking statements low practical securities laws. Forward-looking statements are statements that colligate to future, not past, events. In this context, forward-looking statements ofttimes come due forthcoming playing and business performance, and ofttimes allow text much as “anticipate”, “believe”, “plan”, “estimate”, “expect”, and “intend”, statements that an state or circumstance “may”, “might”, “could”, “should”, or “will” be condemned or occur, including statements that come possibleness abstraction and/or evaluate of minerals, possibleness filler and treatment of a petrified zone, planned timing of expedition and utilization plans, or another kindred expressions. All statements, another than statements of arts fact included herein including, without limitation, statements regarding the ingest of proceeds. By their nature, forward-looking statements refer famous and uncharted risks, uncertainties and another factors which haw drive our actualised results, state or achievements, or another forthcoming events, to be materially assorted from some forthcoming results, state or achievements spoken or tacit by much forward-looking statements. Such factors include, among others, the mass risks: the requirement for added financing; effective risks related with petrified exploration; fluctuations in artefact prices; denomination matters; and the added risks identified in the period aggregation modify of the Company or another reports and filings with the TSXV and practical river securities regulators. Forward-looking statements are prefabricated supported on management’s beliefs, estimates and opinions on the fellow that statements are prefabricated and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or another circumstances should change, eliminate as required by practical securities laws. Investors are cautioned against attributing unreasonable quality to forward-looking statements.