Benz Capital Corp.

April 29, 2013 14:49 ET

Benz Capital Corp. Announces Director Appointment and Additions to Technical Team

VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 29, 2013) - Benz Capital Corp. (TSX VENTURE:BZ) ("Benz" or the "Company") is pleased to announce the appointment of Ronald Hall to the Company's board of directors.

Mr. Hall is President of Global Mineral Research Ltd., a Vancouver based metallurgical testwork laboratory; a graduate from Cardiff University in Wales; and has over 35 years of professional experience in the management, operation, evaluation and design of global mining projects. He has lived and worked in the UK, South Africa, Botswana, Canada, Australia and China and in addition has been involved in business and mining opportunities in India, Russia, North America, Chile, Brazil and Mexico. Mr. Hall was recently appointed as a Non - Executive Director on the board of Chinalco Mining International (a subsidiary of the Chinese State Owned Enterprise Chinalco) that is engaged in the development of the Torromocho copper project in Peru.

Benz is also pleased to announce that it has entered into consulting agreements with a number of industry professionals for the provision of geological and mining services to the Company on a consulting basis. The addition of these consultants provides added technical expertise to the Benz team.

The Company today also announced that it has granted an aggregate of 234,000 incentive stock options to certain directors, officers and consultants of Benz at an exercise price of $0.25 per share. Such options have been granted pursuant to the Company's 10% rolling stock option plan and will expire five years from the date of grant.

This news release contains statements that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include failure to obtain final acceptance of the TSX Venture Exchange. The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

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.

Contact Information

  • Benz Capital Corp.
    Miloje Vicentijevic
    President and Chief Executive Officer
    604.682.3701 #242
    604.682.3600 (FAX)