Ardiden Limited (ASX:ADV) acquired Bold Property Colbalt-Copper Project in Ontario from Benton Resources Inc. (TSXV:BEX) for CAD 0.01 million on January 29, 2018. Under the term of the consideration, Ardiden will pay CAD 0.01 million in cash and 0.20 million of Ardiden shares. Ardiden confirms with the exercise of the option, Benton will retain a 2% net smelter royalty (NSR) and a one (1) kilometer area of Influence around the project claims for a period of two years. Ardiden will retain the option to buy-back a 1.0% NSR for a payment of CAD 0.5. The Bold Property Project consists of four claims (1,024 hectares).

Ardiden Limited (ASX:ADV) completed the acquisition of Bold Property Colbalt-Copper Project in Ontario from Benton Resources Inc. (TSXV:BEX) on January 29, 2018.