COLDSPRING, Texas, Feb. 28, 2014 (GLOBE NEWSWIRE) -- BenchMark Energy Corp. (OTC Pink:BMRK), a refiner and supplier of Glycerin for commercial processes, announces the launch and first shipment of their commercial retail Timberline antifreeze product.
The Company is pleased to announce it has begun its initial shipment of their Timberline Antifreeze and engine coolant product. Approximately 5000 gallons of Timberline Antifreeze is being shipped from Monterrey, Mexico, with deliveries expected for both Laredo and Houston, Texas.
Timberline Antifreeze is an environmentally friendly engine coolant, utilizing a by-product of Glycerin as its base product in the production process. Timberline Antifreeze is BenchMark Energy's first retail commercial product line, and will initially be sold in one-gallon containers retailing for around $13.99 per gallon.
Mark Bateman, the CEO of BenchMark Energy Corp. commented, "We are very pleased and excited to announce the launch and first shipments of our commercial brand Antifreeze, Timberline Antifreeze. This launch, along with our ongoing Glycerin supply operations will assist in our overall revenue growth and help build BenchMark towards profitability and cash-flow positive in 2014."
As of Feb. 2014, the Company had approximately 23.5 million common shares issued and outstanding, with a public float of around 1.1 million shares.
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.
CONTACT: INVESTOR RELATIONS Ashlee Guzman Phone: (832) 691-0011 Email: email@example.com
Source:BenchMark Energy Corporation