Benton Announces Change of Shareholder Meeting Date
September 22 2011 - 2:30PM
Marketwired
Benton Resources Corp. (TSX VENTURE: BTC) ("Benton" or "the
Company") today announces a change in the date of its Annual,
General and Special Meeting of Shareholders (the "Meeting"), which
will now be held on November 3, 2011 at 1.pm. The Meeting will
still be held at 400 Burrard Street, Suite 1780, Vancouver B.C. The
Meeting was originally scheduled to be held on October 11, 2011,
but is being delayed as the Company works to obtain the necessary
regulatory approval for its proposed spin-out of its securities of
Coro Mining Corp, as previously disclosed by the Company in its
press releases of May 5 and July 19, 2011 (the "Spin-Out").
The record date for shareholders eligible to vote at the Meeting
will remain September 6, 2011. It is anticipated that, subject to
obtaining shareholder and regulatory approval, and compliance with
certain other closing conditions as shall be set forth in the
Company's Information Circular disclosing the Spin-Out, the
Spin-Out transaction will close in December, 2011. The Company's
Information Circular concerning the Spin-Out will be posted on
www.sedar.com once regulatory approval in respect of the
transaction is obtained.
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
$11.5 million in cash, owns approximately 57.9 million shares in
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 6.5 million shares of Mineral
Mountain Resources Ltd. (TSX VENTURE: MMV), and holds 815,000
shares of Bell Copper Corporation (TSX VENTURE: BCU) holds 1.2
million shares of Trillium North Minerals (TSX VENTURE: TNM), holds
1.5 million shares of Golden Dory Resources (TSX VENTURE: GDR) and
3.0 million shares Parkside Resources (currently private) 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 approximate 42% investment in Coro Mining from its
cash, equities and exploration assets. Benton shareholders will
receive a pro-rata interest in this new company on a one-for-one
share basis and pursuant to regulatory approval.
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.
Contacts: Benton Resources Corp. Stephen Stares (807)475-7474
(807)475-7200 (FAX) www.bentonresources.ca Investor Relations Clair
Calvert 204-799-2086