Eric Sprott buying at Benton Resources (BEX)

Eric Sprott buying at Benton Resources (V:BEX)

Updated Friday Dec 22, 2023 02:20 AM EDT
2176423 Ontario Ltd., a 10% Holder, acquired 6,250,000 Common Shares on a direct ownership basis at a price of $0.160 through a prospectus or prospectus exempt offering on December 20th, 2023. The insider also acquired 3,125,000 Warrants with an exercise price of $0.250 for 36 months. This represents a $1,000,000 investment into the company's shares and an account share holdings change of 50.0%.

Benton Resources is in the Diversified Mining Sub Industry Group under the Basic Materials Sector.

Benton Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the acquisition, exploration and development of mineral properties. Its property portfolio includes gold, silver, nickel, copper, and platinum group elements, as well as lithium and cesium assets. The Company's properties include Far Lake, Abernethy, Forester Lake Gold, Armit Lake, Hele, Thunder Bay North (TBN) and Escape Lake, Bark and Baril Lake West, Panama Gold and Saganaga Gold. The Abernethy Project is situated approximately 10 kilometers (kms) southwest of Kenora, Ontario. The property consists of over nine claims totaling over 67 units. It owns 100% interest in the Forester Lake project, which is located approximately 100km north of Pickle Lake, Ontario (ON) and approximately 25km southeast of GoldCorp's Musselwhite Gold Mine. It owns 100% interest in the TBN and Escape Lake deposits located around 50 km from the Company's office in Thunder Bay.


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