Mr. Stephen Stares reports

BENTON CLOSES $1.836 MILLION IN FIRST TRANCHE OF PRIVATE PLACEMENT FINANCING

Further to the Sept. 17, 2025, and Sept. 23, 2025, news releases, Benton Resources Inc. has received conditional approval for its $2.4-million private placement financing. Further, the company announces that it has closed a first tranche of the financing, issuing 33,372,910 5.5-cent units for aggregate gross proceeds of $1,835,510.

Each unit consists of one common share of the company and one common share purchase warrant, each warrant entitling the holder to acquire an additional common share of the company at 10 cents for a period of five years from the date of issue. The company will use the proceeds from the private placement to advance its Newfoundland projects and for general working capital purposes.

The financing is subject to final TSX Venture Exchange approval, and all securities issued pursuant to the financing are subject to a four-month hold from the date of issue.

Qualified person

Stephen House (PGeo), vice-president of exploration for Benton, the qualified person under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

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 royalties with potential 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 of 3.21 per cent copper indicated and 482,000 of 2.35 per cent copper inferred. The project has an excellent geological setting covering 25 kilometres of strike and boasts six known copper-gold-silver zones over 15 km that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical targets and Cu-Au soil anomalies. Phase 1 and 2 drill programs returned impressive results including 25.42 metres of 5.51 per cent Cu, including 9.78 m of 8.31 per cent Cu and 1.00 m of 12.70 per cent Cu. Drilling at the South Pond gold zone, approximately 7.5 km north of the Great Burnt copper-gold zone, has confirmed a robust gold-mineralized system over 2.5 km with results of 74.20 m of 1.43 grams per tonne Au and 43.75 m of 1.62 g/t Au, and is open for expansion in all directions.

We seek Safe Harbor.