Agoracom: Small Cap Investment - Bell Copper Corporation - NEWS - First Tranche Closing of Private Placement

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Focused on the Exploration and Development through Partnership of its portfolio of Porphyry Copper Targets

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NEWS - First Tranche Closing of Private Placement

posted on Sep 08, 2008 08:08AM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 8, 2008) - Bell Copper Corporation (the "Company") (TSX VENTURE:BCU) announces that it has closed the first tranche of its non-brokered private placement announced on April 17, 2008 and amended on July 9, 2008 and August 7, 2008. The Company has issued 1,998,500 units at a price of CDN$0.40 per unit. Each Unit consists of one common share and one half of one share purchase warrant (a "Warrant"), with each full warrant entitling the holder to acquire one additional common share of the Company at a price of CDN$0.50 per common share for a period of one year from closing. The Unit Warrant is subject to the right of the Company to accelerate the exercise period for the Unit Warrants if the common shares of the Company trade above $0.75 for a period of 10 consecutive trading days.

The Company paid a finder's fee to certain parties equal to 8% of the amount subscribed in accordance with the policies of the TSX Venture Exchange.

The proceeds of the private placement will be used for general working capital. The private placement and finder's fees are subject to TSX Venture Exchange acceptance.

Bell Copper - Value through Production & Discovery

Bell Copper is focused on the development to production of the La Balsa copper mine in Michoacan, Mexico & the Granduc copper mine in British Columbia, Canada while continuing exploration and development of its pipeline of copper projects in some of the world's premier copper producing regions.

More information on Bell Copper: www.bellcopper.net

On behalf of the Board of Directors of Bell Copper Corporation

Brian Leeners, CFO & Director

Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Bell Copper Corporation
Investor Relations
(604) 669-1484
Email: info@bellcopper.net
Website: www.bellcopper.net

1 Recommendations

Re: NEWS - First Tranche Closing of Private Placement

fastfire

Sep 08, 2008 08:34AM

Re: PP done at a premium

gryphon

Sep 08, 2008 12:20PM

Re: PP done at a premium

Sas

Sep 09, 2008 08:11AM

Re: PP done at a premium

gryphon

Sep 09, 2008 11:09AM

Re: PP done at a premium

Rocky10

Sep 09, 2008 09:33PM

Re: Rockys thoughts

rodblackman

Sep 10, 2008 06:42AM

Re: Rockys thoughts

Rocky10

Sep 10, 2008 02:04PM

Sep 11, 2008 06:45AM

Sep 11, 2008 12:40PM

Sep 12, 2008 08:48AM

Culvr

Sep 15, 2008 01:12PM

Re: Rockys thoughts

jims

Sep 16, 2008 06:44AM

Re: copper production

fastfire

Sep 16, 2008 11:34AM

Re: copper production

deltat

Sep 17, 2008 07:22AM

Re: copper production

Rocky10

Sep 17, 2008 09:36AM

Re: copper production

style1

Sep 18, 2008 08:13AM

Re: copper production

fastfire

Sep 18, 2008 01:05PM

Re: copper production

Sas

Sep 19, 2008 08:14AM

Re: copper production

highlife

Sep 19, 2008 01:02PM

Re: copper production

deltat

Sep 22, 2008 07:19AM

Re: copper production

Culvr

Sep 22, 2008 10:51AM

Sep 23, 2008 06:42AM

Sep 23, 2008 12:05PM

Sep 24, 2008 07:39AM

Sep 24, 2008 11:56AM

Sas

Sep 25, 2008 08:07AM

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