Benz Mining Corp., is pleased to announce a non-brokered private placement of 26,315,790 units at a price of $0.076 per Unit, for gross proceeds of up to $2,000,000. Each Unit consisting of one common share in the capital of the Company and one whole common share purchase warrant. Each Warrant will entitle the holder to purchase one Share at a price of $0.12 per Warrant Share for a period of 36 months following closing [...]
Benz Mining Corp. , today announces the termination of the non-brokered private placement announced on November 18, 2019, due to an abatement of interest, Company's current share structure, and share price. Benz also announces that it will be exhibiting at the 2020 Cambridge House International, Vancouver Resource Investment Conference. The Cambridge House Investment Conference is to take place Sunday, January 19, and [...]
Benz Mining Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 4,375,000 units at a price of $0.08 per Unit, for gross proceeds of up to $350,000. Each Unit consisting of one common share in the capital of the Company and one-half of one common share purchase warrant . Each whole Warrant will entitle the holder to purchase one Share at a price of $0.12 per Warrant Share for [...]
Benz Mining Corp. is pleased to announce the appointment of Nick Tintor, effective today, to the position of President and CEO, replacing Miloje Vicentijevic who will transition from President and CEO to the Chairman of the Board. Mr. Tintor was previously Chairman of the Board at Benz. Miloje Vicentijevic, Chairman of the Board commented, "I am delighted and excited to support this realignment of our roles at Benz [...]
Benz Mining Corp. announces the results of its annual general meeting held on September 3, 2019, in Vancouver, British Columbia . At the Meeting, all nominees were elected as directors of the Company. A total of 4,212,461 common shares were voted at the meeting representing 16.01% of the issued and outstanding shares. Shareholders voted in favour of the election of all director nominees as shown in the following table [...]
Benz Mining Corp. announces that the Company has filed the NI 43-101 Technical Report titled "Technical Report and Mineral Resource Estimate on the Eastmain Mine Property, James Bay District, Quebec", prepared by P&E Mining Consultants Inc. as initially announced on August 8, 2019. Benz has entered into an option agreement with Eastmain Resources Inc. to acquire a 100% interest in the former producing Eastmain Mine Gold [...]
Benz Mining Corp. is pleased to announce that it has entered into an option agreement with Eastmain Resources Inc. , to acquire a 100% interest in the former producing Eastmain Gold project located in James Bay District, Quebec for CAD $5,000,000. The Project consists of various mineral claims and project rights, as defined in the Option Agreement. Historical Mineral Resource Estimate According to a NI43-101 technical [...]
Benz Mining Corp. is pleased to announce that it has entered into an option agreement with Eastmain Resources Inc. , to acquire a 100% interest in the former producing Eastmain Gold project located in James Bay District, Quebec for CAD $5,000,000. The Project consists of various mineral claims and project rights, as defined in the Option Agreement. Mineral Resources According to a NI43-101 technical report completed on [...]
Benz Mining Corp. is pleased to announce the appointment of Mr. Nick Tintor to the Board of Directors of the Company. Mr. Tintor will act as Executive Director. Mr. Tintor is a mining executive and geologist who holds a Bachelor of Science in Geology from the University of Toronto and has more than 30 years of experience in the Canadian mining industry. For the past 20 years, he has been involved in all aspects of junior [...]
Benz Mining Corp. announces that it has reached an agreement dated March 27, 2019 with Silver Range Resources Ltd. to amend certain terms of the Mel Property Purchase Agreement. The Amending Agreement provides for an extension in connection with the March 14, 2019 payment of $300,000 until September 14, 2019, and an additional payment of $17,500 to Silver Range on or before April 5, 2019. The Amending Agreement also [...]
Benz Mining Corp. announces that it has requested a second and final extension from the B.C. Registrar of Companies to postpone its annual general meeting. Benz's last annual general and special meeting was held on May 5, 2017, and the Company's second extension granted by the B.C. Registrar of Companies expires August 5, 2019. Further to the termination of the reverse takeover with Fox Automotive Switzerland AG, Benz is [...]
Benz Mining Corp. announces that it will not proceed with the acquisition by Benz of all of the issued share capital of Fox Automotive Switzerland AG and has terminated the letter of intent with Fox. It became apparent that Fox was not in a position to provide the necessary public disclosure information required for a reverse takeover transaction in a timely manner. Given the current uncertainties in global markets it was [...]
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