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In the same category 
Benton Exercises Remaining Warrants in Coro Mining Corp.
Published : June 02, 2011
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THUNDER BAY, ONTARIO--(Marketwire - June 2, 2011) - Benton Resources Corp. (News - Market indicators) ("Benton" or "the Company") is pleased to announce that it has exercised its remaining 2,437,500 warrants in Coro Mining Corp. ("Coro") at a price of $0.50 per warrant for a total outlay of $1,218,750. The warrants were exercisable at $0.50 until June 1, 2011 and $0.65 thereafter until they were due to expire in June 2012. The Company now holds 57,866,754 common shares of Coro. The Company believes that its investment in Coro has excellent upside potential from its current value. Coro is currently awaiting ratification of its Environmental Impact Statement on the San Jorge Copper Gold project by the provincial legislature in the Mendoza province of Argentina. At current commodity prices the San Jorge project has robust economics. Coro is also currently conducting a 2,000 meter diamond drill program at its Cerro Chacay project, which is a very prospective early stage copper porphyry project in Chile which is situated 12 kms from Teck Resources Limited's Relincho copper deposit where a prefeasibility study is currently expected to be completed this year.

About Benton:

Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements. The Company currently has approximately $13.2 million in cash, owns approximately 57.9 million shares of Coro Mining Corp. (TSX:COP), holds approximately 348,000 shares of Stillwater Mining Company (NYSE:SWC), holds 782,500 shares in Marathon Gold Corp. (TSX:MOZ), holds 1.6 million shares in Puget Ventures (TSX VENTURE:PVS), holds approximately 4.47 million shares of Mineral Mountain Resources Ltd. (TSX VENTURE:MMV), and holds 815,000 shares of Bell Copper Corporation (TSX VENTURE:BCU). Benton is currently in the process of spinning out the majority of its assets by a plan of arrangement into a new listed company in order to separate its investment in Coro Mining from its cash, equities and exploration assets. Benton shareholders will receive a pro-rata interest in this new company via one new common share for each share held as of the effective date as yet to be determined and pursuant to regulatory approval.

Clint Barr (P.Geo), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.

On behalf of the Board of Directors of Benton Resources Corp.,

Stephen Stares, President

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information contact Stephen Stares @:
3250 Arthur St. West, RR #2
Thunder Bay, ON P7C 4V1
(807)475-7474
(807)475-7200 (FAX)
www.bentonresources.ca
or
Investor Relations
Clair Calvert: @
204-799-2086
Tweet

Benton Resources Corp.

EXPLORATION STAGE
CODE : BTC.V
ISIN : CA0832951051
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Annual reports of Benton Resources Corp.
2008 Annual report
Annual Report 2007
Financings of Benton Resources Corp.
6/2/2011Exercises Remaining Warrants in Coro Mining Corp.
1/7/2011BENTON EXERCISES 16.67 MILLION CORO MINING WARRANTS
12/16/2009BTC Exercises Coro Warrants
10/9/2009BTC Sale of Coro Warrants
8/17/2009Additional BTC Non Brokered Financing
8/14/2009BTC Increases Private Placement
8/12/2009BTC Announces Non Brokered Private Placement
Project news of Benton Resources Corp.
3/29/2011(Bermuda)Sells Bermuda Property to Stillwater Mining for $14 Million
2/24/2011(Long Range)TO DRILL LONG RANGE BASE METAL TARGETS
2/24/2011(Long Range)and JV Partner Buchans Minerals to Drill Long Range Base Met...
2/15/2011(Onion Lake)and Partner Glory Acquire Rio Tinto Claims Adding to Onion L...
11/19/2010(Long Range)ANOMALOUS NICKEL, COPPER & COBALT SOIL GEOCHEMISTRY
10/26/2010(Golden Harp)Transfers Golden Harp Block A to Mineral Mountain Resources ...
10/26/2010(Golden Harp)Options Golden Harp Block "A" to Mineral Mountain
10/19/2010(Kingurutik)Kingurutik Results & Drilling Commences in Timmins
8/4/2010(Kingurutik Lake)Commences Drilling
5/19/2010(Kingurutik Lake)Drilling Kingurutik Lake
5/12/2010(Golden Harp)Drill Results
4/21/2010(Deloro)Commences Drilling on Deloro Option in Heart of Timmins Gold...
3/18/2010(Golden Harp)Phase 3 Drill Program
1/26/2010(Deloro)Drilling Results
12/1/2009(Saganaga)Drills Multiple Gold Zones at Saganaga
11/3/2009(Long Range)& Royal Roads Make New Discovery
9/24/2009(Saganaga)Provides Exploration Update
9/9/2009(Copper Hill)Starts Phase II Drilling on Golden Harp Option
6/26/2009(Golden Harp)Drill Results
6/17/2009(South Sibley)Options Sibley Project to Kennecott
3/24/2009(Long Range)APPROVE 2009 PROGRAM FOR LONG RANGE NICKEL JOINT VENTURE, NE...
3/26/2008(Bermuda) Initiates Drill Program on the BCF Property in Marathon
3/18/2008(Bark Lake)Diamond drill mobilized to Armit Lake Property
3/3/2008(Kingurutik Lake)New airborne coverage initiated for Kingurutik Lake Ni-Co-Co...
2/22/2008(Bark Lake)MOBILIZES DRILL TO NEW HIGH GRADE NICKEL, COPPER, PLATINUM A...
1/17/2008(Bermuda) Drills more Copper and PGMs North of Marathon Deposit
Corporate news of Benton Resources Corp.
5/8/2013advised of Coro's Letter of Intent on Berta project and rece...
5/3/2013Capital adopts advance notice policy
3/27/2013Capital provides shareholder update on unsolicited offer fro...
3/21/2013Capital receives unsolicited offer from Gold Royalties
11/22/2012advised that Coro intersects 88m @ 0.71%CuT and 32m @ 0.99%C...
11/2/2012and Benton Capital Corp. Provide Shareholder Guidance Re...
11/2/2012and Benton Capital Corp. Provide Shareholder Guidance Re...
5/9/2011Spin Out Update
5/3/2011BENTON ADVISED THAT CORO MAKES US$4 MILLION PAYMENT TO LUMIN...
3/29/2011to Spin Out Assets to Shareholders
12/7/2010Receives $8.26 Million in Cash and Shares on Closing of Mara...
9/24/2010NFLD Investors Forum - Sept 28 & 29, 2010
7/8/2010Gives Exploration Update
6/21/2010Hires Thomas Weisel
4/14/2010To Spin Out Copper - PGM Company to Shareholders
2/18/2010Sells 100% Interest in Rex Lake Property to Puget
12/14/2009Stephen Stares on CEO Clips
12/10/2009Coro Mining Corp.'s Latest Presentation
12/4/2009Starts Drilling
11/20/2009Identifies Bulk Tonnage Target at Golden Harp Cook Zone
11/18/2009& Royal Road Intersect Nickel-Copper Sulphides
11/12/2009Completes Deloro Option in Heart of Timmins Gold Camp
11/5/2009Mineral Resource Investment Showcase - November 12, 2009
10/28/2009Discovers Nickel New Zone
10/23/2009Metal Price Revisions - October 2009.pdf
10/6/2009Haywood Coverage
10/1/2009Discovers New Gold Zone
9/29/2009& Royal Roads JV to Commence Drill Program
9/16/2009Options Claims in Heart of Timmins Gold Camp
9/14/2009& Royal Road Discover New Sulfide Zone
9/11/2009Coro Mining to strong buy
9/11/2009Joins the Agoracom 100
9/10/2009Coro Press Release Attached
9/2/2009Signs Final Agreement on Onion Lake Project
8/18/2009INVITATION - CIMM - Thunder Bay
8/6/2009Provides Exploration Update
8/4/2009Completes Sibley Option to Kennecott
7/23/2009Signs LOI
7/7/2009Gold Results
6/19/2009GREAT NEWS FROM BENTON!!
6/10/2009Completes Sale of Bamoose Land Package to Marathon
6/4/2009Provides Exploration Update
5/28/2009Coro Press Release
3/31/2009appointed William Harper to the Board of Directors
3/26/2009Sells Adjoining Mineralized Land Pkg to Marathon PGM
3/20/2009Announces Extension of Warrant Term
3/12/2009BTC signs LOI
3/10/2009PROVIDES EXPLORATION UPDATE AND EVAULATES ADVANCED PROJECTS
2/24/2009Invitation
1/27/2009Acquires Significant Shareholding in Coro Mining Corp.
1/21/2009Invitation
12/23/2008to Acquire Significant Shareholding in Coro Mining Corp.
11/25/2008Board of Directors Approves Adoption of Shareholder Rights P...
11/24/2008ROYAL ROADS, AND GOLDEN DORY FORM NICKEL JOINT VENTURE
3/14/2008Acquires and Joint Ventures new Ni-Cu-Co property
3/13/2008 Completes Option and Joint Venture Agreement with Marathon
2/12/2008 and Pacific North West to jointly explore Swayze Greenstone...
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TSX-V (BTC.V)FRANKFURT (L3U.F)
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