BENZF - Benz Announces Amendment to the Mel Property Purchase Agreement
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2019) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz") announces that it has reached an agreement dated March 27, 2019 (the "Amending Agreement") with Silver Range Resources Ltd. ("Silver Range") to amend certain terms of the Mel Property Purchase Agreement.
The Amending Agreement provides for an extension in connection with the March 14, 2019 payment of $300,000 until September 14, 2019, and an additional payment of $17,500 to Silver Range on or before April 5, 2019. The Amending Agreement also provides for amendments to the terms upon which the Mel Property Purchase Agreement may be terminated.
All other terms of the Mel Property Purchase Agreement remain unchanged.
About Benz
Benz is a Vancouver based mineral company publicly listed on the TSX Venture Exchange. It is focused on acquiring and developing mineral base and precious metal assets in safe jurisdictions.
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: info@benzmining.com
Forward-Looking Information: This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business and trading in the common stock of Benz Mining Corp. The forward-looking information is based on certain key expectations and assumptions made by the Company's management. Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because the Company can give no assurance that they will prove to be correct. These forward-looking statements are made as of the date of this press release and the Company disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
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.
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