Benz Mining Corp. Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia (NEX board of the TSX-V: BZ.H.) Benz Mining Corp. (the “Company”), has closed its previously announced non-brokered private placement (the “Private Placement”). The Company issued 4,166,664 units (each, a “Unit”) at a price of $0.12 per Unit, for gross proceeds of up to $499,999.68. Each Unit consists of one common share in the capital of the Company (each a “Share”) and one whole common share purchase warrant (each a “Warrant”). Each Warrant entitles the holder to purchase one Share (a “Warrant Share”) at a price of $0.15 per Warrant Share for a period of 12 months following issuance.