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Benton announces extension of warrant term and receives approval for Golden Harp transaction
THUNDER BAY, ON, March 20 /CNW/ - Benton Resources Corp. ("Benton" or the "Company") is extending...
About this update from Silver Valley Metals Corp
[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, March 20 /CNW/ - Benton Resources Corp. ("Benton" or the\n"Company") is extending its warrant term by one year to April 16, 2010 for the\n9,600,000 common share purchase warrants priced at $1.60 per common share.\nThese warrants were issued pursuant to the $15 million Bought Deal Private\nPlacement that closed October 2007 (see Press Release October 17, 2007). All\nother terms and conditions of the warrants remain the same. The Benton Board\nhas approved the warrant extension and the TSX Venture Exchange (the\n"Exchange") has no objection to the extension.\n\n\nThe Company is also pleased to announce that it has received Exchange\napproval for its option with Golden Harp Resources Inc. (see Press Release\ndated March 12, 2009) pursuant to which the Company has the right to acquire\nan initial 60% interest with an additional right to acquire a further 10%\ninterest in Golden Harp's Copper Hill Block A property in the southern Abitibi\nGreenstone belt.\n\n\nClinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is\nthe qualified person responsible for this release.\n\n\nOn behalf of the Board of Directors of Benton Resources Corp.\n\n"Stephen Stares"\nStephen Stares, President\n\nTHE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\nForward-looking statements in this release are made pursuant to the safe\nharbor provisions of the Private Securities Litigation Reform act of 1995.\nInvestors are cautioned that such forward-looking statements involve risks and\nuncertainties.\n\n\n","length":1723,"tagName":"div"}]