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Share Name Share Symbol Market Type
TSXV:BTC TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Benton Participates in Coro Mining Private Placement

23/12/2013 1:00pm

Marketwired Canada


Benton Capital Corp. (TSX VENTURE:BTC) ("Benton") is pleased to inform its
shareholders that the Company has subscribed to 3,133,246 units of Coro Mining
Corp. (TSX:COP) ("Coro") for a price of $0.10 per unit (See Coro PR dated
December 12, 2013) for a gross payment of $313,325. Each unit will comprise one
common share of Coro and one-half of a common share purchase warrant. Each
warrant will entitle the Company to acquire an additional common share of Coro
at an exercise price of $0.15 for a period of three years. The warrants will be
subject to a forced exercise provision after one year in the event the
volume-weighted average trading price of Coro's common shares on the Toronto
Stock Exchange is equal to or above $0.30 for 20 consecutive trading days.
Benton now holds 61 million shares of Coro or approximately 41% of Coro's common
shares as well as 1,566,623 share purchase warrants. In addition, Benton retains
its right to maintain its current fully diluted interest in the common shares of
Coro Mining moving forward.


Stephen Stares, President and CEO of Benton stated, "We feel that the Coro team
has done an excellent job in navigating though these challenging times in our
sector and are pleased to provide our support in this very important private
placement. These funds will assist Coro in completing diamond drilling on the
very prospective El Desesperado copper project in mining-friendly Chile and we
await the results of that program with much excitement."


About Benton Capital Corp.:

Benton Capital Corp. is a Canadian based junior which holds the Goodchild
Copper-Nickel-PGM project located 5km NE of Stillwater Mining's Marathon
Copper-PGM deposit currently being permitted for production. Benton Capital
Corp. also holds 61 million shares (approximately 41%) and 1,566,623 share
purchase warrants of Coro Mining Corp. (www.coromining.com) (TSX:COP) - a
Vancouver based copper exploration company with projects located in South
America.


On behalf of the Board of Directors of Benton Capital Corp.,

Stephen Stares, President

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." 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Benton Capital Corp.
Stephen Stares
President
807-475-7474
807-475-7200 (FAX)
www.bentoncapital.ca

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