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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (1490)	6/25/2013 8:38:10 PM
From: Goose94	Read Replies (1) of 202721

Brixton Metals (BBB-V) investor Hecla Mining (NL-NY) to acquire more shares June 25, 2013 - News Release Hecla Mining Co. is exercising its pre-emptive right to maintain its pro rata interest in Brixton Metals Corp. pursuant to the terms of an ancillary rights agreement between Brixton and Hecla dated Feb. 26, 2013. As a result, a wholly owned subsidiary of Hecla will subscribe for 1.7 million common shares of Brixton at a price of 18 cents per share and 450,000 shares at a price of 16 cents per share for total gross proceeds of approximately $378,000. On closing, Hecla will own approximately 19.8 per cent of the company's issued and outstanding common shares. Pricing of the shares was determined in accordance with the terms of an ancillary rights agreement. All securities issued pursuant to the transaction will be subject to a four-month-and-one-day hold period. The closing date of the transaction will occur on June 26, 2013, or such other date as may be required. The proceeds from the transaction will be used for general corporate and administrative purposes. We seek Safe Harbor.

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