Benton Closes $2 Million Non-Brokered Unit Financing

Thunder Bay, Ontario--(Newsfile Corp. - June 2, 2026) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has closed its previously announced (see May 27, 2026 news release) non-brokered private placement financing (the "Private Placement") with investor Eric Sprott. The Company has issued 28,571,429 units at $0.07 per unit (the "Unit") for gross proceeds of $2,000,000, each Unit consisting of one common share of the Company and one common share purchase warrant (a "Warrant"), each Warrant being exercisable for an additional common share of the Company at an exercise price of $0.10 for 36 months from the date of issue.
Open original source