52 Week Range
As of on the TSX Venture Exchange ∙ Minimum 15 minute delay
Benton Resources Inc:Says Co and its partner Nordmin Engineering Ltd says that they have signed a non-binding letter of intent with Rambler Metals and Mining Canada Limited ("Rambler") to explore the potential to custom mill gold-rich concentrate.
Benton Resources Inc:Says acquisition of 100% ownership in providence lake nickel-copper,cobalt,platinum group metals property from Platinum Group Metals Ltd.Says has acquired the project by making an approximate $28,000 lease payment to the Northwest Territories government.
Benton Resources Inc:Applied for regulatory approval for a Normal Course Issuer Bid to purchase, through the facilities of the TSX Venture Exchange, up to 5,000,000 shares of its issued and outstanding common shares.Says actual number of shares that may be purchased and the timing of such purchases will be determined by Benton and purchases pursuant to the Bid will be conducted through BMO Nesbitt Burns.Company currently has approximately $6.0 mln in combined cash and investments but a market capitalization of only $2.3 mln.
Benton Resources Inc:Says further to its previous press release it has fully executed its final Option and Joint Venture agreement with Nordmin Engineering Ltd to advance four of six gold deposits towards production at Cape Ray project located in southwest Newfoundland.04, 41, 51 and Windowglass Hill deposits are included in agreement while the Isle Aux Morts and Big Pond deposits will be retained 100 pct by Benton.Pursuant to the Agreement, Benton and Nordmin will form a joint venture pursuant to which Nordmin will earn a 50 pct interest in the Project through a series of expenditures and services to be provided.Under the terms of the Agreement, Benton will form a 100 pct wholly owned subsidiary, and transfer 100 pct of Benton's property rights in the Project to SubCo B.
Benton Resources Inc:Signs Letter of Intent to Option/Joint Venture with Metals Creek Resources Corp. (MEK) whereby Benton can earn up to a 70 pct interest in MEK's 100 pct-owned Staghorn Gold Property in Newfoundland.
Benton Resources Inc:Enters into letter of intent (LOI) with Nordmin Engineering Ltd. to advance towards production four of the six gold deposits at the company's Cape Ray project located in southwest Newfoundland, should the economic viability of the project be determined.Says 04, 41, 51 and Windowglass Hill deposits (Project) are included in the LOI while the Isle Aux Morts and Big Pond deposits will be retained 100pct by Benton.Pursuant to the LOI, Benton and Nordmin will form a joint venture pursuant to which Nordmin will have the right to earn up to a 50pct interest in the Project through a series of expenditures and services to be provided.
Benton Resources Inc:Announces that it has made the final payment of 1.5 million common shares to Tenacity Gold Mining company Ltd. which completes the terms of the agreement to acquire a 100 pct interest in four mining claims encompassing the 04, 41, Isles Aux Mort and Big Pond Gold deposits.
Benton Resources Inc:Commences drilling on its 100 pct owned Cape Ray Gold Project.Cabo drilling of Springdale, NL is contracted for drill program where 17 hole, 2000 metre program will test various targets.Says including west extension of 51 Deposit, new geophysical, gold-in-soil, and bedrock showings west of 51 Deposit area and the east and west strike extension of tPW Zone.
Benton Resources Inc:Regains 100 pct interest in the Onion Lake copper-nickel-PGE project located 30km north of Thunder Bay Ontario.Project was under option to Glory Resources Limited, an Australian-based junior currently being acquired by Eldorado Gold Corp.Due to assessment deficiencies, Benton will receive an $80,000 payment in lieu and the return of a 100 pct interest in the project from Eldorado.
Benton Resources Inc:Says it has applied for regulatory approval for a Normal Course Issuer Bid (the "Bid") to purchase, through the facilities of the TSX Venture Exchange, up to 5,000,000 shares of its issued and outstanding common shares.Says actual number of shares that may be purchased and the timing of such purchases will be determined by Benton and purchases pursuant to the Bid will be conducted through BMO Nesbitt Burns.Says the company currently has about C$7.8 million in combined cash and investments but a market capitalization of only C$4.6 million (based on the Dec. 3, 2013 closing market price).
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