Benz Mining Corp. — Capital/Financing Update 2022

Dec 7, 2022

Statement of CDIs on Issue

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Part 1 - Entity and announcement details

1.1 Name of +Entity

BENZ MINING CORP.

1.2 Registered Number Type

ARBN

Registration Number 642228804

1.3 ASX issuer code

BNZ

1.4 The announcement is

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New announcement

1.5 Date of this announcement

7/12/2022

Statement of CDIs on Issue

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Statement of CDIs on Issue

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Statement of CDIs on Issue

Part 2 - Details of CDIs and other securities on issue

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2.1 Statement for month and year

November-2022

2.2a Number and class of all ASX-quoted CDIs on issue ASX +Security Code and Description CDI Ratio BNZ : CHESS DEPOSITARY INTERESTS 1:1 1:1 Total number of CDIs quoted on ASX Total number of CDIs quoted on ASX Net Difference (A-B) at end of statement month (A) at end of previous month (B) 1,549,000 71,279,242 69,730,242 Reason for change: Ordinary share Net transfers of securities between CDIs and TSX-V as quoted / held on

If the total number of CDIs quoted on ASX at the end of the statement month (A), is greater than the total number of CDIs for which the entity has previously paid an initial listing fee or an additional listing fee under Table 1A and 1C of Guidance Note 15A (C), the entity hereby applies for +quotation of the difference (A - C) and agrees to the matters set out in Appendix 2A of the ASX Listing Rules.

2.2b Number and class of all issued securities not represented by CDIs quoted on ASX

ASX +Security Code and Description

BNZAA : ORDINARY FULLY PAID Total number of securities at end of Total number of securities at end of Net Difference (A-B) statement month (A) previous month (B) -169,000 57,435,068 57,604,068 Reason for change: Transfer to CDIs and exercise of warrants ASX +Security Code and Description BNZAB : OPTION EXPIRING 02-OCT-2023 EX CAD 0.64 Total number of securities at end of Total number of securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 3,900,000 3,900,000

ASX +Security Code and Description

BNZAC : OPTION EXPIRING 18-JAN-2025 EX CAD 3.00

Net Difference (A-B)

0

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Total number of securities at end of	Total number of securities at end of
statement month (A)	previous month (B)
9,713	9,713

ASX +Security Code and Description

BNZAD : OPTION EXPIRING 03-MAR-2025 EX CAD 0.076

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
70,000	70,000

ASX +Security Code and Description

BNZAE : OPTION EXPIRING 27-APR-2025 EX CAD 0.12

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
2,100,000	2,100,000

ASX +Security Code and Description

BNZAF : OPTION EXPIRING 01-JUN-2025 EX CAD 0.21

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
1,095,000	1,095,000

ASX +Security Code and Description

BNZAG : OPTION EXPIRING 31-AUG-2027 EX CAD 0.265

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	0
131,250	131,250

ASX +Security Code and Description

BNZAH : WARRANT EXPIRING 27-APR-2023 EX CAD 0.12

Total number of securities at end of	Total number of securities at end of	Net Difference (A-B)
statement month (A)	previous month (B)	-380,000
25,211,013	25,591,013
Reason for change:
Exercise of warrants

ASX +Security Code and Description

BNZAI : WARRANT EXPIRING 27-APR-2023 EX CAD 0.076

Total number of securities at end of Total number of securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 2,115,652 2,115,652

Statement of CDIs on Issue

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ASX +Security Code and Description

BNZAJ : WARRANT EXPIRING 01-JUN-2023 EX CAD 0.17

Total number of securities at end of Total number of securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 12,285,455 12,285,455

ASX +Security Code and Description

BNZAL : WARRANTS EXPIRING 30-AUG-2023 EX CAD 0.65

Total number of securities at end of Total number of securities at end of Net Difference (A-B) statement month (A) previous month (B) 0 909,090 909,090

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