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

April 28, 2017 – Vancouver, British Columbia (NEX board of the TSX-V: BZ.H). Benz Mining

Corp. (“Benz” or the “Company”) 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 Settlement”). The

Common Shares issued upon the Debt Settlement will be subject to a hold period of four months

and one day from issuance.

After giving effect to the Debt Settlement the Company will hav e an aggregate of 7,827,402

Shares issued and outstanding.

The Company also confirms it granted an aggregate of 534,000 in centive stock options on

March 9, 2017 to certain directors , officers and consultants of Benz at an exercise price of $0.19

per Common 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 w ith policies within the

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 term is defined in the policies of the TSX Venture

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