Brixton Metals (BBB.V) is raising C$5 million through a private placement of 7.58-million units at C$0.66 apiece, the company said on Wednesday.
Each unit will consist of one share and one three-year warrant to buy a share for C$0.90.
Proceeds will be used to develop the Langis Silver Project and for general working capital purposes.
Brixton Metals shares were last seen down C$0.02, or 2.9%, to C$0.66 on the TSX Venture Exchange.
Price: $0.66, Change: $-0.02, Percent Change: -2.94%
PHX Energy Services (PHX.TO) reported second-quarter earnings of C$0.21 per share, or C$10.97 million, compared with C$0.17 per share, or C$8.52 million, in the prior-year period. The results topped FactSet analysts' estimate of C$0.18 per share.For the three months ended June 30, 2026, revenue rose 7% to C$178.9 million from C$167.7 million in the second quarter of 2025.In its outlook, PHX said North American industry activity is showing an uptick in the third quarter, supported by strengthening commodity prices.Company's shares closed up C$0.28 to C$10.92 on Toronto stock Exchange on Tuesday.