Benton Resources, Metals Creek grant Brutus Mining option to acquire Bay of Islands hydrogen project

Bitget2026/11/05 15:14

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Brutus Mining secured a November 5, 2026 option to acquire Benton Resources and Metals Creek’s Bay of Islands project.
The 100% interest requires $100,000 cash and 1,200,000 Brutus common shares valued at $0.76 each, payable over two years.
The Western Newfoundland project covers 83.5 square kilometers considered favorable for potentially hosting natural hydrogen.
Upon exercise, the sellers retain a 3% Gross Metals Returns royalty; Brutus can redeem 1.5% for $1 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Benton Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202611051013NEWSFILECNPR____20261105_322699_1) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Benton Resources, Metals Creek grant Brutus Mining option to acquire Bay of Islands hydrogen project

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