BZ.V · 2017-02-14 12:00:00

Benz Mining Corp. Announces Proposed Share Consolidation

Corporate Actions

BENZ MINING CORP.

Suite 606, 909 Burrard Street

Vancouver, BC V6Z 2N2

News Release NEX: BZ.H

Benz Mining Corp. Announces Proposed Share Consolidation

February 14, 2017 – Vancouver, British Columbia (NEX board of the TSX -V: BZ.H.)

Benz Mining Corp. (the “Company”), is pleased to announce the details of a proposed

consolidation of its common shares. On January 30, 2017, in accordance with the constating

documents of the Company, the board of directors of the Company passed a resolution

authorizing the consolidation of the issued and outstanding common shares of the Company on a

10:1 ratio (the “Consolidation”)

Management believes that the Consolidation is in the best interest of the Company and will

allow the Company greater possibilitie s with respect to future financings. Presently, the

Company has 23,081,059 common shares issued and outstanding and if the Consolidation is

approved and affected on a ten for one basis (which is the maximum consolidation ratio being

considered by the Company), there will be 2,308,105 common shares issued and outstanding.

No fractional shares will be issued as a result of the Consolidation. Shareholders who would

otherwise be entitled to receive a fraction of a common share will be rounded down to the

nearest whole number of common shares and no cash consideration will be paid in respect of

fractional shares.

The exercise price and numbe r of common shares of the Company issuable upon the exercise of

outstanding stock options, warrants or other convertible securities will be proportionately

adjusted to reflect the Consolidation.

The Company does not intend to change its name or seek a new stock trading symbol from the

NEX board of the TSX Venture Exchange ( the “Exchange”) in connection with the

Consolidation. The Consolidation remains subject to acceptance by the Exchange.

Following receipt of acceptance by the Exchange, the Company will complete the necessary

filings in order to give effect to the Consolidation. Once completed, a letter of transmittal will be

sent by mail to shareholders advising them that the Consolidation has taken effect and instructing

them to surrender the cert ificates evidencing their common shares for replacement certificates

representing the number of common shares to which they are entitled as a result of the

Consolidation. Until surrendered, each certificate formerly representing common shares will be

deemed for all purposes to represent the number of common shares to which the holder thereof is

entitled as a result of the Consolidation.

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

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.