Mr. Gary Thompson reports

BRIXTON METALS ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF $4 MILLION

Brixton Metals Corp. has closed a non-brokered private placement offering of 1.11 million national flow-through shares in the capital of Brixton at a price of $1.35 per FT share and 1,771,111 critical mineral flow-through shares in the capital of Brixton at a price of $1.44 per CMFT share, for combined gross proceeds of $4,048,899.84.

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 the offering, the company paid $30,000 and issued 20,833 non-transferable common share purchase warrants to an arm's-length party, which assisted in introducing a subscriber to the offering. Each compensation warrant is exercisable to acquire one common share in the capital of the company at an exercise price of $1.44 until April 10, 2028.

All securities issued in connection with the offering are subject to a hold period of four months and one day expiring on Aug. 11, 2026, pursuant to applicable Canadian securities laws.

We seek Safe Harbor.