Benz Capital Corp. Received Class 3 Permits and Started Drill Program at Eagle Property

VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2013) - Benz Capital Corp. (TSX VENTURE:BZ) ("Benz" or the "Company"), is pleased to announce that it has received Class 3 permits from the Yukon Government to begin its exploration program at the Eagle Property in the Yukon, Canada.

The Eagle vein has displayed a consistent and predictable structure that has at least a 900 metre strike length and extends to the 300 metre depth. High-grade intercepts in the widely spaced drilling indicates the presence of several "ore shoots" that require additional drilling to define. Based on historical findings, the Company has now decided to attempt to delineate the vein and potential ore shoots through diamond drilling. A diamond drill will be used to drill up to 6 holes over two years for a total of 1300m from 2 drill pad locations, and if successful, the program would confirm the previously highlighted potential for extensive mineralization and would positively delineate the economic potential in the area.

Kluane Drilling, a local company, has been contracted to conduct the drilling program that started on July 22, 2013.

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 results from the drilling program. 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.