Benton Extends Warrant Exercise Term
Benton Extends Warrant Exercise Term
Thunder Bay, ON, May 15, 2024 – Benton Resources Inc. (“Benton” or the “Company”) (TSXV: BEX) is
pleased to announce that it has extended the expiry date of 5,625,000 outstanding common share purchase
warrants.
Pursuant to a May 2021 Private Placement Financing the Company issued 5,625,000 warrants with an
exercise price of $0.25 (the "2021 Warrants"), with an original expiry date of May 28, 2024. The
Company has extended the expiry date of the 2021 Warrants by 12 months, such that 2021 Warrants will
expire on May 28, 2025. All other terms of the 2021 Warrants remain unchanged.
Warrant holders are advised that replacement warrant certificates will not be issued and that the original
warrant certificate must be presented to the Company in order to effect the exercise of the warrants.
About Benton Resources Inc.
Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange
under the symbol BEX. Benton has a diversified, highly prospective property portfolio and holds large equity
positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains
net smelter return (NSR) royalties with potential long-term cash flow.
Benton is focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland,
which has a Mineral Resource estimate of 667,000 tonnes @ 3.21% Cu Indicated and 482,000 @ 2.35%
Cu Inferred. The Project has an excellent geological setting covering 25km of strike and boasts six known
Cu-Au-Ag zones over 15km that are all open for expansion. Further potential for discovery is excellent given
the extensive number of untested geophysical targets and Cu-Au soil anomalies. Phase 1 and 2 drill
programs returned impressive results including 25.42 m of 5.51% Cu, including 9.78 m of 8.31% Cu, and
1.00 m of 12.70% Cu.
On behalf of the Board of Directors of Benton Resources Inc.,
"Stephen Stares"
Stephen Stares, President
Parties interested in seeking more information about properties available for option can contact Mr. Stares
at the number below.
For further information, please contact:
Stephen Stares, President & CEO
Phone: 807-474-9020
Email: [email protected]
Iryna Zheliasko, Investor Relations
Phone: 647-249-9298 ext. 322
Email: [email protected]
Website: www.bentonresources.ca
Twitter: @BentonResources
Facebook: @BentonResourcesBEX
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 Com pany'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 Com pany's
expectations or projections.