Mr. Mark Lynch-Staunton reports

BENZ ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS AND PLACEMENT UPDATE

Benz Mining Corp. has set Dec. 16, 2025, at the hour of 10 a.m. Perth Western Australian time as the meeting date and time for its annual general and special meeting of shareholders. The company has set Nov. 6, 2025, as the record date for the meeting. Shareholders of record as at the close of business on the record date will be entitled to receive notice of, attend and vote at the meeting.

In addition, further to its announcements dated Aug. 12, 2025, and Aug. 20, 2025, in relation to the private placement for 30,456,853 new fully paid CHESS depositary interests in the company at an issue price of 98.5 Australian cents (88.46 Canadian cents) per CDI to raise approximately $30-million (Australian) ($26,943,000 (Canadian)) (before costs), the second tranche of the placement, which will be placed to Mr. Jolly, a director of Benz, is subject to shareholder approval to be sought at the meeting, and consists of 50,762 CDIs at a price of 98.5 Australian cents per CDI to raise an additional $50,000 (Australian) ($44,905 (Canadian)) (before costs). The participation by Mr. Jolly in tranche 2 placement is considered a related-party transaction as defined under Multilateral Instrument 61-101 (Protection of Minority Security Holders in Special Transactions). The tranche 2 placement is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of any CDIs issued to or the consideration paid by Mr. Jolly exceeds 25 per cent of the company's market capitalization.

The placement remains subject to the final approval of the TSX Venture Exchange. Each CDI represents one underlying common share in the company on a one-for-one basis. All CDIs and underlying common shares issued in connection with the placement are subject to a statutory hold period in Canada of four months and one day from their respective date of issuance.

Australian dollar amounts disclosed above were converted into Canadian dollars using the Bank of Canada's exchange rate posted on Aug. 12, 2025, of $1 (Australian) equals 89.81 Canadian cents.

We seek Safe Harbor.