Eric Sprott Announces Changes to His Holdings in Benton Resources Inc.

Core Viewpoint - Eric Sprott has announced a significant change in his holdings in Benton Resources Inc., specifically the expiration of 5,000,000 common share purchase warrants, which has led to a decrease in his ownership percentage of the company's outstanding shares [1][2]. Group 1 - The expiration of the warrants represents a decrease of approximately 5.0% in Sprott's holdings on a partially diluted basis since the last early warning report [1]. - Prior to the expiration, Sprott owned 28,750,000 shares and 8,125,000 warrants, equating to approximately 14.0% of the outstanding shares on a non-diluted basis and 17.3% on a partially diluted basis [1]. - Following the expiration, Sprott now holds 28,750,000 shares and 3,125,000 warrants, which translates to approximately 14.0% of the outstanding shares on a non-diluted basis and 15.3% on a partially diluted basis [2]. Group 2 - The changes in Sprott's holdings are attributed to the expiration of the warrants and previous new share issuances by Benton Resources Inc., resulting in a partially diluted ownership change of greater than 2% [2]. - The securities held by Sprott are for investment purposes, and he maintains a long-term view, indicating potential future acquisitions or sales depending on market conditions [3].