Thunder Bay, Ontario--(Newsfile Corp. - November 20, 2017) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to provide the results of its Annual General and Special Meeting of Shareholders held on November 20, 2017 in Thunder Bay, ON. At the meeting, shareholders voted overwhelmingly in favour of all items proposed. In particular shareholders voted to re-appoint Wasserman Ramsay, Chartered Accountants as the Company's auditor, and elected the Company's nominees for director: Stephen Stares, Clinton Barr, Michael Stares, John Sullivan and William Harper.
Shareholders also voted in favour of amending the shareholders rights plan to extend the expiration time on the plan through to the 2020 Annual General Meeting.
In addition, the Company would like to announce that it has acquired a 100% interest by staking in two claim blocks totalling 233 units in northern Newfoundland near St. Anthony (the "GNP Project"). Benton's land position covers favorable geology similar to that of White Metal Resources Corp's new discovery at their Gunners Cove property where they recently announced significant amounts of highly anomalous gold values over approximately a 15km² area in black sedimentary shale units (See White Metal Resources Corp. press release dated November 20, 2017). The Company believes this could be a very important new discovery in a unique geological environment similar to other large gold deposits hosted in black shale environments around the world. The Company will plan an exploration program to evaluate the geological potential in the coming months and will update shareholders accordingly.
About Benton Resources Inc. (TSXV: BEX)
Benton Resources Inc is a well-funded Canadian-based junior with a diversified property portfolio in Gold-Silver, Nickel, Copper, and Platinum group elements.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the qualified person responsible for this release has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.
On behalf of the Board of Directors of Benton Resources Inc.,
Stephen Stares, President
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 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
For further information contact Stephen Stares @:
684 Squier Street,
Thunder Bay, ON P7B 4A8