Brixton Metals Concludes Its December Private Placement for a Total of $12.2 Million

VANCOUVER, British Columbia, Dec. 18, 2025  — Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) (the “Company” or “Brixton”) is pleased to announce that it completed on December 18, 2025, the third and final tranche of a non-brokered private placement previously announced on November 14, 2025 (the “Offering“).

The third tranche of the Offering consisted of 35,714,285 Non Flow-Through (“NFT Units”) at a per NFT Unit price of $0.07 for total gross proceeds of $2,499,999.95, the gross proceeds from tranche 2 and tranche 1 were $3,997,924.79 and $5,698,269.06, respectively, for cumulative total gross proceeds of $12,196,193.80.

Chairman, CEO, Gary R. Thompson remarked, “We would like to thank our shareholders for their continued support and welcome new investors to the Company. As previously stated, a portion of proceeds will immediately be directed toward a winter drill campaign at Brixton’s wholly owned Langis Silver Project in Ontario. Silver prices have reached an all-time high of US$66 per ounce and we aim to capture the attention of silver investors as we bring Langis, a rare native silver exploration project, into focus. Langis is a past-producer that produced 10.4Moz of silver at a head grade of 25 opt or 778 g/t intermittently from 1908-1989 with silver recoveries of 88 to 98%. Infrastructure is excellent and operational costs are low. We intend to drill up to 15,000m as a phase one program starting in January 2026. The most recent drilling at Langis was in 2022 where hole 283 returned 9m of 1037 g/t Ag including 4m of 2043 g/t Ag. In 2021, hole 219 yielded 22m of 392.8 g/t Ag including 7m of 919.3 g/t Ag.”

Each of the NFT Units consisted of a Common Share and one non-transferable warrant (a “Warrant”). Each Warrant entitles the holder to purchase one additional non-flow-through Common Share of the Company at a per share price of $0.10 until December 18, 2028.   The gross proceeds from the NFT Units will be used for general corporate purposes. No finders’ fees were payable in this third tranche.

The Common Shares and Warrants comprising the NFT Units issuable under the Offering were offered for sale pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 (the “Listed Issuer Financing Exemption”). Because the offering of the NFT Units was completed pursuant to the Listed Issuer Financing Exemption, the securities issued to subscribers for the non-flow-through Common Shares and Warrants underlying the NFT Units are not subject to a hold period pursuant to applicable Canadian securities laws.

Qualified Person (QP)

Mr. Gary R. Thompson, P.Geo., is a Director, Chairman, CEO and President for the Company who is a Qualified Person as defined by National Instrument 43-101. Mr. Thompson has verified the referenced data and analytical results disclosed in this press release and has approved the technical information presented herein.

On Behalf of the Board of Directors

Mr. Gary R. Thompson, Chairman and CEO
info@brixtonmetals.com

For Investor Relations inquiries, please contact: Mr. Michael Rapsch, Vice President Investor Relations. email: michael.rapsch@brixtonmetals.com or call Tel: 604-630-9707

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