Brixton Metals to Raise CA$6 Million Via Non-Brokered Private Placement

12:06 PM EDT, 10/28/2026 (MT Newswires) -- Brixton Metals (BBB.V) plans to raise up to CA$6 million through a non-brokered private placement offering, it said in a statement on Wednesday. The offering will be made in any combination of national flow-through common shares at CA$0.68 per FT share and critical mineral flow-through shares at CA$0.71 per CMFT share. Proceeds from the sale of FT shares will be used to incur "Canadian exploration expenses" and "flow-through mining expenditures," it said. Proceeds from the CMFT shares will be used to incur "flow-through critical mineral mining expenditures," it added. Shares of the company were last seen down C$0.01, or 1.6%, to CA$0.6 on the TSX Venture Exchange. Price: 0.60, Change: -0.01, Percent Change: -1.64