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Benton Resources Inc. V.BEX

Alternate Symbol(s):  BNTRF

Benton Resources Inc. is a mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint venture properties in Newfoundland.


TSXV:BEX - Post by User

Post by stockwatcher7on Apr 12, 2024 6:05pm
107 Views
Post# 35986819

Looks like they want to get busy

Looks like they want to get busyClosed the  pp early or  maybe a second  traunch to follow-up.... closed in just over a week....+++

2024-04-03 11:36 ET - News Release

Additionally, the Company announces that, subject to regulatory approval, it is conducting a non-brokered private placement with participation from strategic investors for proceeds of up to $3 million on a best effort basis. The private placement is priced at $0.15 per unit with each unit consisting of one common share and one-half of one common share purchase warrant, each full warrant entitling the holder thereof to acquire an additional common share of the Company for $0.22 for a period of 24 months from the date of issuance.

President and CEO Stephen Stares stated, "We continue to be extremely excited about the Great Burnt Deposit and the potential of the project as a whole. We have secured significant interest in the financing and look forward to closing the placement as soon as possible. Our team is confident that we'll have continued success in expanding the Great Burnt Deposit down plunge and along strike along with additional discoveries as we progress with the upcoming programs along the favourable 25 km volcanic-sedimentary belt at Great Burnt."

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