VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 10, 2017) – Benz Mining Corp. (NEX:BZ.H) (“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 $0.19 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.
