Benz Mining Corp. Announces Debt Conversion and Granting of Stock Options

BENZ MINING CORP.

Suite 606, 909 Burrard Street

Vancouver, BC V6Z 2N2

News Release NEX: BZ.H

Benz Mining Corp. Announces Debt Conversion and Granting of Stock Options

March 10, 2017 – Vancouver, British Columbia (NEX board of the TSX-V: BZ .H). Benz

Mining Corp. ("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 $0.1 9 per share. The Debt includes amounts due to certain creditors, a promissory note

payable to Avaron Mining Corp. and past management, accounting, geological, and engineering

services rendered and accrued to senior officers of the Company.

After giving effect to the proposed settlement and subject to the acceptance of the NEX board of

the TSX Venture Exchange, the Company will have an aggregate of 7,827,402 Shares issued and

outstanding.

The Company also announces that it has granted an aggregate of 534,000 incentive stock options

to certain directors, officers and consultants of Benz at an exercise pri ce of $0.19 per share for a

period of ten years. Such options have been granted pursuant to the Company's 10% rolling stock

option plan and are in accordance with policies within the NEX board of the TSX Venture

Exchange.

On behalf of the Board of Directors of

Benz Mining Corp.

Miloje Vicentijevic, President and Chief Executive Officer

For more information please contact

Benz Mining Corp.

Telephone: 604.617.1239

Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that ter m is defined in the policies of the TSX

Venture Exchange) accepts responsibility for the accuracy or adequacy of this release.