# Brixton Metals Raises About $6 Million in $8 Million Private Placement

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/51827
Published: 2026-11-08T21:34:40.000Z
Updated: 2026-11-08T21:34:40.000Z
Section: Business

> The second tranche generated about $1.59 million, and the company plans another tranche.

Brixton Metals Corporation said Friday, Nov. 6, that it had raised about $6.02 million across two tranches of its $8 million non-brokered private placement of flow-through shares.

The second tranche generated about $1.59 million.

Brixton plans to use the proceeds for exploration and drilling at its Thorn Copper-Gold Project in British Columbia and Langis Silver-Cobalt Project in Ontario.

Brixton plans to complete another tranche of the placement.