COLDSPRING, Texas, Jan. 30, 2014 (GLOBE NEWSWIRE) -- BenchMark Energy Corp. (OTC Pink:BMRK), a refiner and supplier of Glycerin for commercial processes, announces pre-orders for its new Timberline Antifreeze product, and details on January Glycerin shipments.
Antifreeze Pre-Orders
The Company announces it has already received pre-order indications for its new line of antifreeze coolant, Timberline Antifreeze and Coolant, as the company embarks on its commercial launch in early February. BenchMark has received orders from several local stores and they have several agreements pending with marketing wholesalers interested in broader distribution throughout the U.S.
Glycerin Shipments
In addition to their pending antifreeze launch, BenchMark's Glycerin operations continues forward, with shipments of Glycerin projected at 1.1 million pounds for the month of January. Although some delays were experienced due to the unprecedented cold weather throughout North America since late December, they are still happy to report their Glycerin operations continue on pace with shipments to their key vendors.
SHARE STRUCTURE
As of Jan. 2014, the Company had approximately 23.5 million common shares issued and outstanding, with a public float of around 1.1 million shares.
Mark Bateman, the CEO of BenchMark Energy Corp., commented, "The Company is very excited to announce its first pre-order indications for its upcoming new product, Timberline Antifreeze. In addition to our pending launch of our first commercial product, we are happy to announce our core business of Glycerin sales and shipments continues on pace, regardless of some supply-line issue due to the sharp cold snap experienced in North America in January."
Photos of our Timberline Antifreeze product brand are now available on our official Twitter account at http://twitter.com/BenchMarkE
ABOUT BENCHMARK ENERGY CORPORATION
"BenchMark Energy Corporation (OTC Pink:BMRK) is the source for glycerin and related refined components, providing value through our industry knowledge." – Our mission statement starts the story, but the rest is available at http://benchmarkenergy.com.
SAFE HARBOR STATEMENTS
The statements in this release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.