Benton Announces Receipt of LEI Number
Benton Announces Receipt of LEI Number
Thunder Bay, Ontario--(Newsfile Corp. - December 19, 2017) - Benton Resources Inc. (TSXV: BEX) (FSE: BR0) ("Benton" or
"the Company") announces
it has been assigned the Legal Entity Identifier ("LEI") number 529900I8UQ52ZGEP4254. The
European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic
risks.
About the Legal Entity Identifier (LEI)
The Legal Entity Identifier (LEI) number is a 20-digit alphanumeric code. It is an internationally standardized and globally valid
identifier for financial market participants. Its purpose is to clearly and unequivocally identify contracting parties (e.g., companies,
banks, and investment funds). It is used to comply with a variety of financial reporting requirements.
The Deutsche Bӧrse Group
has stated that "the LEI will clearly assist the regulatory authorities in monitoring and analysing threats to the stability of the
financial markets, (but) it can also be utilised by counterparties internally for risk management purposes."
Benton meets the requirement for all companies listed on German Stock Exchanges (ie. Frankfurt Stock Exchange) to have an
LEI number by January 3, 2018.
According to the website of the Deutsche Bӧrse Group, the LEI number will affect most aspects of the securities markets in
Europe, including trading, clearing, settlement, custody, collateral and liquidity management, market data and indices.
(See
http://deutsche-boerse.com/dbg-en/regulation/regulatorytopics/legal-entity-identifier
)
About Benton Resources Inc. (TSXV: BEX)
Benton Resources Inc is a well-funded Canadian-based junior with a diversified property portfolio in Gold-Silver, Nickel, Copper,
and Platinum group elements.
On behalf of the Board of Directors of Benton Resources Inc.,
"Stephen Stares"
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE
ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains "forward-looking statements" within the meaning of applicable securities
legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of
future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs,
plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be
"forward-looking statements."
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain
adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political
and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks
related to environmental regulation and liability; the potential for delays in exploration or development activities or the
completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill
results, the geology, grade and continuity of
mineral deposits; risks related to the inherent uncertainty of production and cost
estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the
possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks
related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's
prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these
risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking
statements.
These forward looking statements are made as of the date hereof and the Company does not assume any
obligation to update or revise them to reflect new events or circumstances.
Actual events or results could differ materially
from the Company's expectations or projections
For further information contact Stephen Stares @:
684 Squier Street,
Thunder Bay, ON
P7B 4A8
Phone (807)475-7474
Cell (807)474-9020
Fax (807)475-7200
www.bentonresources.ca