Benz Announces Change of Auditor
10 October 2025
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BENZ ANNOUNCES CHANGE OF AUDITOR
Vancouver, British Columbia – 10 October 2025 – Benz Mining Corp. (TSXV: BZ, ASX: BNZ) ( Benz
or the Company) is pleased to advise that it has appointed RSM Australia Partners, Chartered
Professional Accountants ( RSM Australia or Successor Auditor) as the Company’s new public
accounting firm, effective 29 September 2025.
RSM Australia was appointed following the receipt by the Company of the resignation of
Lancaster & David, Chartered Professional Accountants ( L&D or Former Auditor ) effective
September 29, 2025. The Audit Committee of the Board of Directors (the Audit Committee )
accepted the resignation of L&D and recommended the appointment of RSM Australia as the
Company’s independent registered public accounting firm, following the expansion of the
Company’s operations in Australia and Canada and RSM Australia’s strong presence in both
jurisdictions. The Board of Directors of the Company, on the recommendation of the Audit
Committee, appointed RSM Australia as the new auditor until the next Annual General Meeting
of the Company.
The Company sent a Notice of Change of Auditor (the Notice) to the Former Auditor and to
the Successor Auditor and has received a letter from each, addressed to the securities
commissions in each of British Columbia and Alberta stating that they agree with the
information contained in the Notice. The Notice and letters (the Change of Auditor Package )
have been reviewed and approved by the Company’s Audit Committee and the Board of
Directors.
The Change of Auditor Package is available under the Company’s SEDAR+ profile at
www.sedarplus.ca.
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This announcement has been approved for release by the Board of Benz Mining Corp.
For more information please contact:
Mark Lynch-Staunton
Chief Executive Officer Benz Mining Corp.
T: +61 8 6143 6702
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About Benz Mining Corp.
Benz Mining Corp. (TSXV:BZ, ASX: BNZ) is a pure-play gold exploration company dual-listed on
the TSX Venture Exchange and Australian Securities Exchange. The Company owns the
Eastmain Gold Project in Quebec, and the recently acquired Glenburgh and Mt Egerton Gold
Projects in Western Australia.
Benz’s key point of difference lies in its team’s deep geological expertise and the use of
advanced geological techniques, particularly in high-metamorphic terrane exploration. The
Company aims to rapidly grow its global resource base and solidify its position as a leading
gold explorer across two of the world’s most prolific gold regions.
The Glenburgh Gold Project features a Historical (for the purposes of NI 43-101) Mineral
Resource Estimate of 16.3Mt at 1.0 g/t Au (510,100 ounces of contained gold) 1. A technical
report prepared under NI 43-101- Standards of Disclosure for Mineral Projects (NI 43-101) titled
“NI 43-101 Technical Report on the Glenburgh – Egerton Gold Project, Western Australia” with
an effective date of 16 December 2024 has been filed with the TSX Venture Exchange and is
available under the Company’s SEDAR+ profile at www.sedarplus.ca.
The Eastmain Gold Project in Quebec hosts a Mineral Resource Estimate dated effective 24
May 2023 and prepared in accordance with NI 43-101 and JORC (2012) of 1,005,000 ounces
at 6.1g/t Au 2, also available under the Company’s SEDAR+ profile at www.sedarplus.ca,
showcasing Benz's focus on high-grade, high-margin assets in premier mining jurisdictions.
For more information, please visit: https://benzmining.com/.
1 Indicated: 13.5Mt at 1.0g/t Au for 430.7koz; Inferred: 2.8Mt at 0.9g/t Au for 79.4koz. See Historical Mineral Resource
Estimates, below
2 Indicated: 1.3Mt at 9.0g/t Au for 384koz; Inferred: 3.8Mt at 5.1g/t Au for 621koz
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Qualified Person's Statement (NI 43-101)
The disclosure of scientific or technical information in this news release is based on, and fairly
represents, information compiled by Mr. Mark Lynch-Staunton, who is a Qualified Person as
defined by NI 43-101 and a Member of Australian Institute of Geoscientists (AIG) (Membership
ID: 6918). Mr Lynch-Staunton has reviewed and approved the technical information in this news
release. Mr Lynch-Staunton owns securities in Benz Mining Corp.
Historical Mineral Resource Estimates
All mineral resource estimates in respect of the Glenburgh Gold Project in this news release are
considered to be "historical estimates" as defined under NI 43-101. These historical estimates
are not considered to be current and are not being treated as such. These estimates have
been prepared in accordance with the Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves prepared by the Joint Ore Reserves Committee of the
Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals
Council of Australia (JORC Code) and have not been reported in accordance with NI 43-101.
A qualified person (as defined in NI 43-101) (Qualified Person) has not done sufficient work to
classify the historical estimates as current mineral resources. A Qualified Person would need to
review and verify the scientific information and conduct an analysis and reconciliation of
historical data in order to verify the historical estimates as current mineral resources.
Forward-Looking Statements
Statements contained in this news release that are not historical facts are "forward-looking
information" or “forward looking statements” (collectively Forward-Looking Information ) as
such term is used in applicable Canadian securities laws. Forward-Looking Information
includes, but is not limited to, planned exploration and use of advanced techniques and
related activities on the Eastmain Gold Mine and the Glenburgh and Mt Egerton projects, the
expansion of its global resource base and solidification of the Company’s position as a leading
gold explorer across the world’s most prolific gold regions, including the anticipated benefits
thereof. In certain cases, Forward-Looking Information can be identified by the use of words
and phrases or variations of such words and phrases or statements such as “anticipates”,
“complete”, “become”, “expects”, “next steps”, “commitments” and “potential”, in relation
to certain actions, events or results “could”, “may”, “will”, “would”, be achieved. In preparing
the Forward-Looking Information in this news release, the Company has applied several
material assumptions, including, but not limited to, that the tenements associated with the
Glenburgh and Mt Egerton projects that are still pending grant or undergoing the renewal
process will be granted and/or renewed, as applicable, in a timely manner; the current
exploration, development, environmental and other objectives concerning the Company’s
Projects (including Glenburgh and Mt Egerton) can be achieved; and the continuity of the
price of gold and other metals, economic and political conditions, and operations.
Forward-looking information is subject to a variety of risks and uncertainties and other factors
that could cause plans, estimates and actual results to vary materially from those projected in
such forward-looking information. Factors that could cause the forward-looking information in
this news release to change or to be inaccurate include, but are not limited to, the risk that
any of the assumptions referred to prove not to be valid or reliable, that occurrences such as
those referred to above are realized and result in delays, or cessation in planned work, that
the Company's financial condition and development plans change, and delays in regulatory
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approval, as well as the other risks and uncertainties applicable to the Company as set forth
in the Company's continuous disclosure filings filed under the Company's profile at
www.sedarplus.ca. and www.asx.com.au. Accordingly, readers should not place undue
reliance on Forward-Looking Information. The Forward-looking information in this news release
is based on plans, expectations, and estimates of management at the date the information is
provided and the Company undertakes no obligation to update these forward-looking
statements, other than as required by applicable law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY
FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.