Benton Resources Inc. is pleased to announce that it has initiated a mechanical stripping program on various targets outlined from its ongoing exploration work at its recently optioned Far Lake project located 80km west of Thunder Bay, Ontario . The program is designed to help the Company better understand the orientation of the vein and mineralizing systems within the large intrusive and alteration system, as it prepares [...]
Benton Resources Inc. is pleased to announce that the Company has entered into an Option Agreement with 2752300 Ontario Inc. , a private company, whereby the Optionee can earn up to a 100% interest in the Saganaga Gold project . The Saganaga project is a large land package located in the Shebandowan Greenstone belt, 120km west of Thunder Bay, Ontario, Canada. The Optionee can aquire an initial 70% interest in the Project [...]
Provides Update on Equity Holdings and Exploration Plans Benton Resources Inc. is pleased to announce it has completed and received data from its recently flown Heliborne High-Resolution Magnetic and Time-Domain Electromagnetic Survey at the Far Lake project located 80km west of Thunder Bay, Ontario. A preliminary examination of the data has identified several high-priority targets associated with known Cu sulphide [...]
Benton Resources Inc. is pleased to announce that it has added two new directors, Mr. Thomas Sarvas and Mr. Timothy Froude, to its board of directors effective immediately. Mr. Thomas Sarvas, CPA, CA is a Partner and a member of MNP's Assurance Services team. Working out of the Thunder Bay office, Tom delivers assurance, tax services and business advice to a broad range of owner-managed businesses, professionals, First [...]
Benton Resources Inc. announces that has received approval from the TSX Venture Exchange to close its private placement financing , previously announced June 2, 2020. The Company will be issuing 5,006,659 flow-through shares and 2,561,846 non-flow-through units , each Unit consisting of 1 common share of the Company and 1 common share purchase warrant, each warrant being exercisable at $0.25 for 24 months, for gross [...]
Benton Resources Inc. is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through shares and non flow-through units . The Private Placement is expected to close on or before June 15, 2020. The Company intends to issue up to 5,000,000 flow-through shares at a price of $0.15 per flow-through share for gross proceeds of up to $750,000. The [...]
Benton Resources Inc. is pleased to provide an update on its current plans for its project portfolio as well as highlight current strategic equity positions held by the Company. Clean Air Metals Inc. As previously announced by the Company on May 22, 2020, Clean Air Metals Inc. received all regulatory approvals related to its option to acquire Benton's option on the Escape Lake and Thunder Bay North properties and resumed [...]
Benton Resources Inc. is pleased to announce that the Company has entered into a binding Letter Of Intent with White Metal Resources Corp. whereby Benton can earn up to a 70% interest in WHM's Far Lake project located 80km west of Thunder Bay, Ontario. Recent exploration completed by WHM led to the discovery of a high-grade, semi-massive sulphide copper occurrence. Recent trenching and sampling programs at the Far Lake [...]
Benton Resources Inc. is pleased to announce that Clean Air Metals Inc. has completed its previously announced reverse takeover transaction pursuant to the policies of the TSX Venture Exchange. In connection with the completion of the Transaction, Clean Air filed a filing statement dated May 5, 2020 in support of its application to the TSXV to become a "Mining Issuer" . Stephen Stares, president and CEO of Benton stated [...]
Benton Resources Inc. is pleased to announce that it has been advised by Clean Air Metals Inc. that they have received conditional received conditional approval from the TSX Venture Exchange with respect to its previously announced transaction in accordance with Policy 5.2 of the TSXV. In connection with the transaction, Clean Air filed a filing statement dated May 5, 2020, in support of its application to the TSXV to [...]
Benton Resources Inc. regrets to announce that Bill Harper, director and chairman of the Company's audit committee, passed away unexpectantly from a heart attack earlier this week at the age of 71. Bill is survived by his wife, daughter and son. Stephen Stares, President and CEO commented, "We are deeply sorry to have learned of Bill's passing and extend our thoughts and prayers to his family and everyone who knew him [...]
Benton Resources Inc. is pleased to announce that it has been informed that further to its news release dated March 31, 2020, Regency Gold Corp. has now completed its company name change to Clean Air Metals Inc. pursuant to its special meeting of shareholders held on March 31, 2020 and in accordance with the Canada Business Corporations Act. In addition, the listing committee of the TSX Venture Exchange has conditionally [...]
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