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Benz Mining Corp. Completes Prospectus for Its Proposed Listing on the Australian Securities Exchange
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2020) - Benz Mining Corp. (TSXV: B...
About this update from Benz Mining Corp.
[{"type":"text","content":"Benz Mining Corp. Completes Prospectus for Its Proposed Listing on the Australian Securities ExchangeVancouver, British Columbia--(Newsfile Corp. - November 13, 2020) - Benz Mining Corp. (TSXV: BZ) (the \"Company\" or \"Benz\"), is pleased to announce that it has lodged a Prospectus with the Australian Securities and Investments Commission in relation to its proposed dual listing on the Australian Securities Exchange (\"ASX\").As previously announced on September 28, 2020, under the Prospectus, the Company will issue 4,000,000 shares (\"Offer Shares\") at an issue price of A$0.50 per Offer Share for gross proceeds of A$2 million (\"Offer\"). The Offer is expected to open on November 20, 2020 with the expected commencement of trading on the ASX to be on or around December 15, 2020.As part of the Prospectus, the Company engaged P&E Mining Consultants Inc. to complete an NI 43-101 Technical Report on the Eastmain Mine Property and Ruby Hill East and West Properties. This Technical Report is available on SEDAR under the Company's profile.About Benz Mining Corp.Benz Mining Corp. brings together a strong team of geoscientists and finance professionals with a focused strategy to acquire and develop mineral projects with an emphasis on safe, low risk jurisdictions favorable to mining development. Benz is earning a 100% interest from Eastmain Resources Inc. in the former producing high grade Eastmain gold mine, Ruby Hill West and Ruby Hill East projects in Quebec.On behalf of the Board of Directors of Benz Mining Corp.Evan Cranston, Chairman of the BoardFor more information please contact:Paul Fowler, Head of Corporate Development, Canada Benz Mining Corp.Telephone: 416.356.8165Email: [email protected] Forward-Looking Information: Certain statements contained in this news release may constitute \"forward-looking information\" as such term is used in applicable Canadian securities laws. Forward-looking information is based on plans, expectations and estimates of management at the date the information is provided and is subject to certain factors and assumptions, including, that the Company's financial condition and development plans do not change as a result of unforeseen events and that the Company obtains regulatory approval. Forward-looking information is subject to a variety of risks and uncertainties and other factors that coul...