Metal Corp. amalgamated with Marksmen Acquisition Corp. The Financing Shares were
Gary Thompson
407 – 518 Moberly Road Vancouver, BC V5Z 4G3
News Release
December 2, 2010, Vancouver, BC – Mr. Gary Thompson, a director of Brixton Metals Corporation (the “Company”), announces that he has acquired 916,667 common shares (the “Financing Shares”) and 458,334 warrants (the “Warrants”) of the Company pursuant to a private placement financing (the “Private Placement”) and 2,105,199 common shares pursuant to an amalgamation (the “Amalgamation”) whereby the Brixton Metal Corp. amalgamated with Marksmen Acquisition Corp. The Financing Shares were acquired at a purchase price of CDN$0.30 per Financing Share representing an aggregate purchase price of CDN$275,000.
Following the Private Placement and the Amalgamation, Mr. Thompson controls 3,021,866 Shares representing 14.28% of the issued and outstanding Shares of the Company. Assuming the exercise of the Warrants, Mr. Thompson would own 3,480,200 Shares, or 16.45% of the issued and outstanding Shares of the Company.
The shares of the Company were acquired by Mr. Thompson for investment purposes. Depending upon market conditions and other factors that Mr. Thompson may deem material to his investment decisions, additional shares may be purchased in the open market or in private transactions.
For additional information concerning the foregoing or a copy of the Early Warning Report referred to in this release, please contact:
Gary Thompson Director Brixton Metals Corporation Tel: 604-630-9344
50739545.1