Benz Capital Corp. Completes Initial Public Offering and Listing on the TSXV Exchange

Benz Capital Corp. Completes Initial Public Offering and Listing on the

TSXV Exchange

VANCOUVER, BC, October 4, 2021 - Benz Capital Corp. ("Benz" or the "Corporation") is pleased to announce

that it completed an initial public offering ("IPO") of 3,444,000 common shares of the Corporation (the “Common

Shares”) at a price of $0.10 per Common Share for gross proceeds of $344,400 and is now listed on the TSX

Venture Exchange (the " Exchange"). The Common Shares were listed on the Exchange at the market open

on October 4, 2021, and immediately halt traded pending closing of the IPO. The halt is expected to be lifted and

trading of the Common Shares are expected to resume trading on or about October 6, 2021 under the symbol

"BCC.P". When combined with the cash proceeds raised prior to the IPO, the Corporation has raised total gross

proceeds of $639,400 and has a total of 8,144,000 common shares issued and outstanding, of which 3,600,000

are currently held in escrow pursuant to the policies of the Exchange.

The net proceeds of the offering, together with the proceeds from prior sales, will be used by the Corporation to

identify and evaluate assets or businesses for acquisition with a view to completing a " Qualifying Transaction"

under the Exchange's capital pool company program ("CPC").

Research Capital Corp. (the "Agent") acted as the sole agent and sole bookrunner for the IPO. In connection with

the offering, the Agent received a cash commission equal to 10% of the gross proceeds of the Offering, and an

administration fee. In addition, the Corporation granted to the Agent non-transferable options to acquire up to an

aggregate of 344,400 Common Shares (the "Agent's Options"). Each Agent's Option is exercisable to acquire

one Common Share at an exercise price of $0.10 for a period of 2 years following the date of completing a

qualifying transaction in accordance with Exchange policies.

Following the closing of the offering, the Corporation also granted stock options to a technical consultant of the

Corporation exercisable to acquire up to an aggregate of 140,000 common shares. The options are exercisable

to acquire one Common Share at an exercise price of $0.10 per Common Share for a period of three years from

the date of issuance.

For further information please see the Corporation's prospectus dated June 28, 2021, available under the

Corporation's profile on SEDAR at www.sedar.com

ABOUT BENZ CAPITAL CORP.

Benz is a capital pool company (" CPC") within the meaning of the policies of the Exchange that has not

commenced commercial operations and has no assets other than cash. Except as specifically contemplated in

the Exchange's CPC policy, until the completion of its Qualifying Transaction, the Company will not carry on

business, other than the identification and evaluation of companies, business or assets with a view to completing

a proposed Qualifying Transaction.

For further information, please contact:

Benz Capital Corp.

Miloje Vicentijevic – President, Chief Executive Officer and Director

Phone: (604) 617-1239

FORWARD-LOOKING STATEMENTS

This press release contains certain forward- looking statements, including statements about the Corporation's

future plans and intentions, the Corporation’s expectation as to the resumption of trading of the Common Shares,

the stated use of proceeds of the offering and completion of a Qualifying Transaction constitute forward-looking

statements. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend",

"anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or

similar words or phrases, are intended to identify forward- looking statements. These statements reflect

management's current beliefs and are based on information currently available to management as at the dat e

hereof. Actual future results may differ materially

Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause

actual results, performance or achievements to differ materially from the results discussed or implied in the

forward-looking statements. These factors should be considered carefully and readers should not place undue

reliance on the forward- looking statements. Although the forward -looking statements contained in this press

release are based upon what management believes to be reasonable assumptions, the Corporation cannot assure

readers that actual results will be consistent with these forward -looking statements. These forward- looking

statements are made as of the date of this press release, and t he Corporation assumes no obligation to update

or revise them to reflect new events or circumstances, except as required by law.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange)

accepts responsibility for the adequacy or accuracy of this release.