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BEX.V ·

Benton Resources Announces Grant of Stock Options

Share Capital & Compensation

Benton Resources Announces Grant of Stock Options

Thunder Bay, ON, October 17, 2023 – Benton Resources Inc. (the “Company”) (TSXV: BEX) announces

that, subject to regulatory approval, the Board of Directors has approved the grant of 2.25 million incentive

stock options to directors, officers, employees, advisors and consultants of the Company at an exercise

price of $0.07 for a period of five years from the date of grant. The options are subject to vesting provisions

contained within the Company’s stock option plan.

About Benton Resources Inc.

Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange

under the symbol BEX. Following a project generation business model, Benton has a diversified, highly

prospective property portfolio of gold, silver, nickel, copper, platinum group elements and, most recently,

lithium and cesium assets. In addition, it currently 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.

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: 807-475-7474

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 min ing

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.