Mr. Stephen Stares reports

BENTON RESOURCES INC. UPDATES VINLAND SHARES SPIN-OUT

Further to the company's April 25, 2025, news release, Benton Resources Inc.'s planned spinout of approximately half of its shares of Vinland Lithium Inc. has been completed. Accounts holding at least 5,000 Benton shares will see approximately 50 Vinland shares credited for each 5,000 Benton shares owned with the credit, effective Wednesday, April 30, 2025.

Details of the spinout are contained in the company's Feb. 4, 2025, management information circular, filed under the company's profile on SEDAR+. Benton will spin out to its shareholders a total of 2,025,126 common shares of Vinland and will continue to hold two million Vinland shares. Vinland has approximately 10 million issued shares. Sokoman Minerals Corp. will also be spinning out the same number of Vinland shares to its shareholders. Benton shares after the spinout are herein called new Benton shares and are identical to Benton shares currently listed, except that they are postspinout of Vinland. New Benton shares have a new identifying security No. CA 083297 10 1 8.

No Vinland shares will be listed on the exchange on closing of the plan of arrangement; however, Vinland has made a separate application to the exchange for listing of the Vinland shares. The new Benton common shares will be listed on the exchange at the market open on Tuesday, April 30, 2025, and the old Benton common shares will be delisted from the exchange effective at the close of business, April 29, 2025. Accounts holding less than 5,000 Benton shares will not participate in the Vinland share distribution.

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, Benton retains net smelter return (NSR) royalties with the potential for long-term cash flow.

Benton is focused on advancing its high-grade copper-gold Great Burnt project in central Newfoundland, which has a mineral resource estimate of 667,000 tonnes at 3.21 per cent copper (Cu) indicated and 482,000 tonnes at 2.35 per cent Cu inferred. The project has an excellent geological setting covering 25 kilometres of strike and boasts six known Cu-Au-Ag (copper-gold-silver) zones over 15 kilometres that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical targets and Cu-Au (copper-gold) soil anomalies. Phase 1 and 2 drill programs returned impressive results, including 25.42 metres of 5.51 per cent Cu, including 9.78 metres of 8.31 per cent Cu and 1.00 metre of 12.70 per cent Cu.

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