BENTON ANNOUNCES EXTENSION OF WARRANT TERM AND
RECEIVES APPROVAL FOR GOLDEN HARP TRANSACTION
Benton Resources Corp. (“Benton” or the “Company”) is extending its warrant term by one year to April 16, 2010 for the 9,600,000 common share purchase warrants priced at $1.60 per common share. These warrants were issued pursuant to the $15 million Bought Deal Private Placement that closed October 2007 (see Press Release October 17, 2007). All other terms and conditions of the warrants remain the same. The Benton Board has approved the warrant extension and the TSX Venture Exchange (the “Exchange”) has no objection to the extension.
The Company is also pleased to announce that it has received Exchange approval for its option with Golden Harp Resources Inc. (see Press Release dated March 12, 2009) pursuant to which the Company has the right to acquire an initial 60% interest with an additional right to acquire a further 10% interest in Golden Harp’s Copper Hill Block A property in the southern Abitibi Greenstone belt.
Clinton 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”
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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.
For further information contact Stephen Stares @:
611 Montreal Street
Thunder Bay, ON P7E 3P2
Phone (807)475-7474
Fax (807)475-7200
www.bentonresources.com
Investor relations:
In Canada:
First Canadian Capital
Daniel Boase
Phone (416) 742 5600
Fax (416) 742 6410
