Business
Benton Announces Receipt of LEI Number
Thunder Bay, Ontario--(Newsfile Corp. - December 19, 2017) - Benton Resources Inc. (TSXV: BEX)...
About this update from Benton Resources, Inc.
[{"type":"text","content":"Benton Announces Receipt of LEI NumberThunder Bay, Ontario--(Newsfile Corp. - December 19, 2017) - Benton Resources Inc. (TSXV: BEX) (FSE: BR0) (\"Benton\" or \"the Company\") announces it has been assigned the Legal Entity Identifier (\"LEI\") number 529900I8UQ52ZGEP4254. The European Union has adopted regulations that require use of the LEI as a barcode equivalent aimed at pinpointing systemic risks.About the Legal Entity Identifier (LEI)The Legal Entity Identifier (LEI) number is a 20-digit alphanumeric code. It is an internationally standardized and globally valid identifier for financial market participants. Its purpose is to clearly and unequivocally identify contracting parties (e.g., companies, banks, and investment funds). It is used to comply with a variety of financial reporting requirements. The Deutsche Bӧrse Group has stated that \"the LEI will clearly assist the regulatory authorities in monitoring and analysing threats to the stability of the financial markets, (but) it can also be utilised by counterparties internally for risk management purposes.\"Benton meets the requirement for all companies listed on German Stock Exchanges (ie. Frankfurt Stock Exchange) to have an LEI number by January 3, 2018. According to the website of the Deutsche Bӧrse Group, the LEI number will affect most aspects of the securities markets in Europe, including trading, clearing, settlement, custody, collateral and liquidity management, market data and indices.(See http://deutsche-boerse.com/dbg-en/regulation/regulatorytopics/legal-entity-identifier )About Benton Resources Inc. (TSXV: BEX)Benton Resources Inc is a well-funded Canadian-based junior with a diversified property portfolio in Gold-Silver, Nickel, Copper, and Platinum group elements. On behalf of the Board of Directors of Benton Resources Inc.,\"Stephen Stares\"Stephen Stares, PresidentTHE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.The information contained herein contains \"forward-looking statements\" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, ...