Benz Mining Corp. Announces Closing of Non-Brokered Private Placement

Vancouver, British Columbia (TSX-V: BZ; Frankfurt: 1VU) Benz Mining Corp. (the “Company” or “Benz”), has closed its previously announced non-brokered private placement (the “Private Placement”). The Company issued 3,661,800 units (each, a “Unit”) at a price of $0.20 per Unit, for gross proceeds of up to $732,360. 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 $0.35 per Warrant Share for a period of 24 months following issuance. Due to demand, the size of the Private Placement was increased from the original maximum size of $600,000 announced on August 10, 2017.

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