VANCOUVER, British Columbia, Aug. 15, 2017 (GLOBE NEWSWIRE) -- (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 [...]
VANCOUVER, British Columbia, Aug. 14, 2017 (GLOBE NEWSWIRE) -- (TSX-V:BZ) (Frankfurt:1VU) Benz Mining Corp. (the “Company” or “Benz”), is pleased to announce the appointment of Mr. H. Leo King as a member of the Advisory Board to the Company’s Board of Directors. Mr. H. Leo King, a Professional Geologist, has over 50 years of experience in minerals exploration and mining geology, including 20 [...]
Benz Mining is pleased to announce an amendment to its previously announced non-brokered, private placement. The Company now plans to complete a non-brokered private placement of 3,000,000 units at a price of $0.20 per Unit, for gross proceeds of up to $600,000. Each Unit consisting of one common share in the capital of the Company and one whole common share purchase warrant (each a “Warrant”). Each Warrant will entitle [...]
Benz Mining is pleased to announce that it has made the second option payment of $80,000 to Silver Range Resources pursuant to the terms of the purchase agreement between the Company and Silver Range in connection with the Mel zinc-lead-barite property. The Mel property is located within a belt of important sedimentary exhalative zinc-lead deposits, which includes the Howard's Pass, the Tom and Jason and the Akie [...]
Benz Mining is pleased to announce plans for 2017 exploration at its Mel zinc-lead-barite property, located in the southeast Yukon. The proposed work program is scheduled to start in mid-July and will include excavator trenching and up to a maximum of 8,000 m of diamond drilling. The main objective of the 2017 program is to confirm and expand mineral resources, which were recently reported in a technical report titled [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 23, 2017) - Benz Mining Corp. (TSX VENTURE:BZ) (the "Company" or "Benz") is pleased to announce a non-brokered private placement of 8,333,333 units (each, a "Unit") at a price of $0.30 per Unit, for gross proceeds of up to $2,500,000 (the "Private Placement"). Each Unit consisting of one common share in the capital of the Company (each a "Share") and one whole common share [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 28, 2017) - Benz Mining Corp. ("Benz" or the "Company") (NEX:BZ.H) announces that it has received approval from the NEX board of the TSX Venture Exchange ("Exchange") for the debt settlement with certain creditors to settle debts owing in the amount of $257,000 by the issuance of 1,352,632 common shares (the "Common Shares") at a price of $0.19 per Common Share (the "Debt [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 14, 2017) - Benz Mining Corp. (NEX:BZ.H) (the "Benz" or "Company"), is pleased to announce that it has entered into a purchase agreement with Silver Range Resources Ltd. ("Silver Range"), pursuant to which Benz has an option to purchase 100% of Silver Range's wholly-owned Mel zinc-lead-barite project (the "Project") located near Watson Lake in southeast Yukon for CAD $2.7 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 10, 2017) - Benz Mining Corp. (NEX:BZ.H) ("Benz" or the "Company") announces that, subject to the acceptance of the NEX board of the TSX Venture Exchange, it proposes to settle outstanding indebtedness in the amount of $257,000.00 (the "Debt") by the issuance of 1,352,632 common shares having a deemed price of $0.19 per share. The Debt includes amounts due to certain [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 8, 2017) - Benz Mining Corp. (the "Company") (NEX:BZ.H), 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 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 22, 2017) - Benz Mining Corp. (the "Company" or "Benz") (NEX:BZ.H), is pleased to announce a non-brokered private placement of up to 4,166,666 units (each, a "Unit") at a price of $0.12 per Unit, for gross proceeds of up to $500,000 (the "Private Placement"). Each Unit consisting of one common share in the capital of the Company (each a "Share") and one whole common share [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 17, 2017) - Benz Mining Corp. (the "Company") (NEX:BZ.H), is pleased to announce that it has received acceptance from the NEX Board of the TSX Venture Exchange (the "Exchange") of the previously announced consolidation of the issued and outstanding common shares of the Company on a 10:1 ratio (the "Consolidation"). The common shares will trade on a consolidated basis [...]