The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Press release from CNW Group

Brixton Metals announces grant of stock options

Tuesday, December 04, 2012

Brixton Metals announces grant of stock options09:00 EST Tuesday, December 04, 2012VANCOUVER, Dec. 4, 2012 /CNW/ - Brixton Metals Corporation (TSX-V: BBB) ("Brixton" or the "Company") announces that in connection with the appointment of Mr. Sorin Posescu, P.Geo. as Vice President of Geology, as announced by news release on November 5, 2012, it has granted an aggregate of 200,000 options (the "Options"), vesting over a one-year period, to purchase common shares of Brixton exercisable at a price of 0.175 per common share until ten years from the date of grant to Mr. Posescu.The Options are granted pursuant to the Company's stock option plan which was approved by shareholders at the Company's annual general meeting of shareholders held on May 31, 2012. The Company's stock option plan and the grant of the Options is subject to the final approval of the TSX Venture Exchange.About Brixton Metals Corp.Brixton is an exploration company engaged in the acquisition and exploration of precious metal assets and advancing them to feasibility. The Thorn Project is Brixton's flagship property and is centered on silver-gold-lead-zinc-bearing breccia zones, high-grade veins and porphyry targets. The Thorn property is located in northwestern British Columbia, Canada, about 50 km from the past producing Golden Bear Mine and 130 km southwest from the village of Atlin, BC. Brixton Metals Corporation shares trade on the TSX-V under the ticker symbol BBB. For more information about Brixton please visit our website at www.brixtonmetals.com.On Behalf of the Board of DirectorsSOURCE: Brixton Metals CorporationFor further information: Mr. Gary R. Thompson, Chairman and CEO, Tel: 604-630-9707