Benton Capital Corp is a Canadian based junior, listed on the TSX under the symbol BTC. Benton's mandate is to focus on the acquisition of mining royalties through various strategies including exploration, purchase, and exploration finance. Benton plans on building long-term value while taking advantage of the current difficult exploration markets.
Benton remains committed to delivering new value to shareholders of the Company and is currently evaluating opportunities in the royalty space and a strategy to acquire them while maximizing value with the current treasury. The Company remains well funded with a minimal burn rate and as such management feels Benton is well positioned to capitalize on opportunities that will benefit its shareholders.
The Company has over $1 million in cash, holds 1,566,623 warrants of Coro exercisable at $0.15 until December 20, 2016. In addition, Benton holds no debt and has a very low burn rate. Benton also holds the Goodchild-PGM-Copper-Nickel project located less than 4km from Stillwater’s Marathon Copper-PGM deposit which is currently under development near Marathon Ontario.