Benton Resources Inc. Announces C$3,600,300 "Best Efforts" Private Placement of Flow-Through Units

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

THUNDER BAY, Ontario, July 17, 2024 (GLOBE NEWSWIRE) -- Benton Resources Inc. ("Benton" or the “Company”) (TSXV: BEX) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. (“Haywood”), as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents (together with Haywood, the “Agents”) pursuant to which the Agents have agreed to sell, on a "best efforts" private placement basis, up to 21,820,000 flow-through units (the “Flow-Through Units”) of the Company at a price of C$0.165 per Flow-Through Unit (the “Issue Price”), for gross proceeds to the Company of up to C$3,600,300 (the “Offering”).

Read more at globenewswire.com