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Benz Mining closes A$150 million private placement of 40,431,267 CDIs at A$3.71 each

PUBT·08/31/2026 07:28:43
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Benz Mining closes A$150 million private placement of 40,431,267 CDIs at A$3.71 each
  • Benz Mining closed a private placement of 40,431,267 new fully paid CDIs at A$ 3.71 each, raising A$ 150 million.
  • Each CDI represents one underlying common share on a one-for-one basis.
  • Funds earmarked to accelerate a 450,000-meter Glenburgh drilling program ahead of a maiden Mineral Resource Estimate targeted for H1 2027.
  • Canaccord Genuity (Australia) and Euroz Hartleys earned a 4% commission worth A$ 6 million on the placement proceeds.
  • The financing remains subject to final TSX Venture Exchange approval; the CDIs and shares carry a four-month hold in Canada.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Benz Mining Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608302229NEWSFILECNPR____20260830_312102_1) on August 31, 2026, and is solely responsible for the information contained therein.