Benton Resources raises $1.3M via flow-through units to fund Newfoundland critical minerals exploration.

Benton Resources Inc. secured conditional TSX Venture Exchange approval for a non-brokered private placement, raising $1.3 million by issuing 16.3 million flow-through units at $0.08 each. The funds will be used to advance critical minerals exploration projects in Newfoundland, including the high-grade Great Burnt Copper-Gold Project. The placement includes warrants exercisable at $0.12 for two years and involved insider participation under regulatory exemptions. This financing supports Benton's strategy to develop its mineral assets and expand exploration efforts through 2027.