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Message: NEWS - Bell Copper Corporation: Second Tranche Closing of Private Placement
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NEWS - Bell Copper Corporation: Second Tranche Closing of Private Placement

posted on Sep 25, 2008 09:23AM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 25, 2008) - Bell Copper Corporation ("Bell Copper") (TSX VENTURE:BCU), announces that it has closed the second 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 62,500 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 Warrant is subject to the right of the Company to accelerate the exercise period for the Warrants if the common shares of the Company trade above $0.75 for a period of 10 consecutive trading days.

The proceeds of the private placement will be used for general working capital. The private placement is 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 - Bell Copper Corporation: Second Tranche Closing of Private Placement

highlife
Sep 25, 2008 11:46AM
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Culvr
Sep 26, 2008 07:02AM
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fastfire
Sep 26, 2008 11:25AM
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Sep 29, 2008 07:02AM
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Sep 29, 2008 12:34PM
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Sep 30, 2008 07:01AM
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