Not for distribution to United States Newswire Services or for dissemination in the United States
VANCOUVER, British Columbia, Feb. 18, 2022 (GLOBE NEWSWIRE) -- Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce that Soar Financial Partners (a brand of NorthStar Communications GmbH) ("Soar") has been retained to enhance public relations activities pursuant to an agreement entered into between the Company and Soar dated February 15, 2022 (the "Public Relations Agreement"), subject to the approval of the TSX Venture Exchange ("TSX-V"). Soar will focus on communicating the Company's plans to the financial community primarily in Europe, including existing and potential investors, journalists and other members of the media in order to keep them informed on Brixton's activities and also to introduce the Company where applicable.
Soar is an international provider of public relations and investor relations services with offices in Frankfurt, Germany and Vancouver, Canada. The team conducts multi-national road shows, on- and offline conferences, webinars and live interviews on leading social media platforms, as well as other services to companies primarily in the mining space.
The Public Relations Agreement has an initial term of six months unless terminated by either party on 30 days written notice. Pursuant to the Public Relations Agreement, Brixton will pay Soar a base fee of €5,000 payable on the first of each month, plus reasonable out-of-pocket expenses.
Subject to the policies of the TSX-V and the terms and conditions of the Company's stock option plan, the Company plans to grant 500,000 options to purchase common shares of the Company (the "Options") as part consideration for its services under the Public Relations Agreement. The exercise price and date of grant will be determined prior to or in conjunction with the Company's Annual General Meeting to be held on April 6, 2022.
Soar does not currently own any shares of the Company or have any other direct or indirect interest in the Company. The fees paid by the Company to Soar under the Public Relations Agreement are for services only.
About Brixton Metals Corporation
Brixton is a Canadian exploration and development company focused on the advancement of its gold, copper and silver projects toward feasibility. Brixton wholly owns four exploration projects, the Thorn copper-gold-silver and the Atlin Goldfields Projects located in NWBC with a combined total of 3600sqkm of mineral tenure, the past producing Langis-HudBay silver-cobalt brownfield projects in Ontario and the past producing advanced stage Hog Heaven silver-gold-copper project in NW Montana, USA. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB and in the USA OTCQB market under the ticker symbol BBBXF. For more information about Brixton please visit our website at .
On Behalf of the Board of Directors
Mr. Gary R. Thompson, P.Geo., Chairman and CEO
Tel: 604-630-9707 or email: info@brixtonmetals.com
For Investor Relations please contact Mitchell Smith, VP of Investor Relations
Tel: 604-630-9707 or email: mitchell.smith@brixtonmetals.com
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Information set forth in this news release may involve forward-looking statements under applicable securities laws. Forward-looking statements are statements that relate to future, not past, events. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as "anticipate", "believe", "plan", "estimate", "expect", and "intend", statements that an action or event "may", "might", "could", "should", or "will" be taken or occur, including statements that address potential quantity and/or grade of minerals, potential size and expansion of a mineralized zone, proposed timing of exploration and development plans, or other similar expressions. All statements including statements in respect of regulatory approval, other than statements of historical fact included herein including, without limitation, statements regarding the retention of Soar and grant of the Options, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include, among others, the following risks: the need for additional financing; operational risks associated with mineral exploration; fluctuations in commodity prices; title matters; and the additional risks identified in the annual information form of the Company or other reports and filings with the TSXV and applicable Canadian securities regulators. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date that statements are made and the Company undertakes no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements.