Benton Resources Announces Grant of Stock Options

Rhea-AI Summary

Benton Resources (OTC:BNTRF) announced that its board approved the grant of 2.675 million incentive stock options on December 22, 2025. The options were granted to directors, officers, employees, advisors and consultants at an exercise price of $0.10 and are exercisable for five years from the grant date. The options are subject to the company's stock option plan and its vesting provisions.

Positive

• 2.675M options granted to align management and staff incentives
• Options use a $0.10 exercise price for five-year term

Negative

• Potential dilution of up to 2.675M shares if all options exercised
• Vesting provisions may delay shareholder benefit realisation

Thunder Bay, Ontario--(Newsfile Corp. - December 22, 2025) - Benton Resources Inc. (TSXV: BEX) (the "Company") announces that the Board of Directors has approved the grant of 2.675 million incentive stock options to directors, officers, employees, advisors and consultants of the Company at an exercise price of $0.10 for a period of five years from the date of grant. The options are subject to vesting provisions contained within the Company's stock option plan.

About Benton Resources Inc.

Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified, highly prospective property portfolio and holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow. Benton is focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland.

On behalf of the Board of Directors of Benton Resources Inc.,

"Stephen Stares"

Stephen Stares, President

Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.

For further information, please contact:

Stephen Stares, President & CEO
Phone: 807-474-9020
Email: sstares@bentonresources.ca

Nick Konkin, Investor Relations
Phone: 647-249-9298 ext. 322
Email: nick@grovecorp.ca

Website: www.bentonresources.ca
Twitter: @BentonResources
Facebook: @BentonResourcesBEX

THE 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, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278821

FAQ

What did Benton Resources (BNTRF) announce on December 22, 2025?

Benton Resources announced a board-approved grant of 2.675 million incentive stock options at an exercise price of $0.10 with a five-year term.

Who received the stock options granted by Benton Resources (BNTRF)?

Options were granted to the company's directors, officers, employees, advisors and consultants.

What is the exercise price and term for Benton Resources (BNTRF) options granted December 22, 2025?

The exercise price is $0.10 per share and the options are exercisable for five years from the date of grant.

Do the Benton Resources (BNTRF) options have vesting conditions?

Yes, the options are subject to vesting provisions contained within the company's stock option plan.

How could the Benton Resources (BNTRF) option grant affect shareholders?

If all options are exercised, there would be potential dilution of up to 2.675 million shares and associated share count increase.

Where can investors find the terms of Benton Resources (BNTRF) stock option vesting?

Vesting provisions are contained within Benton Resources' stock option plan, which outlines timing and conditions.