Bell Copper Corp V.BCU

Alternate Symbol(s): BCUFF

Metals & Mining Copper

Bell Copper Corporation is a Canada-based mineral exploration company focused on the identification, exploration and discovery of large copper deposits located in Arizona. The Company is exploring its 100% owned Big Sandy Porphyry Copper Project and the Perseverance Porphyry Copper Project. The Big Sandy project comprises approximately 5,733 acres of mineral tenures, including 256 federal lode mining claims and 3 State of Arizona Mineral Exploration Permits, which is located 30 kilometers south of Perseverance. The Perseverance project is located in northwestern Arizona, approximately 19 miles southeast of Kingman and 150 miles northwest of Phoenix. The land package comprises a total of approximately 5244 hectares. The Company’s Perseverance porphyry copper/molybdenum project lies on a productive porphyry copper trend between Freeport's Bagdad mine and Origin Mining's Mineral Park mine in northwestern Arizona.

TSXV:BCU - Post by User

Bell Copper Corp

Bullboard Posts

Post by rusty777on Sep 08, 2008 12:55pm

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Post# 15438320

News release

This is the same news as previous just at the reduced price of 0.40 per unit rather than the original 0.50 per unit. I originally posted this on the wrong board - Sorry for any confusion

Happy reading

cheers

Rusty

First Tranche Closing of Private Placement

Monday, September 08, 2008

Vancouver, B.C.: Bell Copper Corporation(the"Company") (TSX-V Symbol: BCU) announces that it has closed thefirsttranche of its non-brokered private placement announced on April17,2008 and amended on July 9, 2008 and August 7, 2008. The Companyhasissued 1,998,500 units at a price of CDN$0.40 per unit. EachUnitconsists of one common share and one half of one share purchasewarrant(a "Warrant"), with each full warrant entitling the holder toacquireone additional common share of the Company at a price ofCDN$0.50 percommon share for a period of one year from closing. TheUnit Warrant issubject to the right of the Company to accelerate theexercise periodfor the Unit Warrants if the common shares of theCompany trade above$0.75 for a period of 10 consecutive trading days.

TheCompany paid a finder's fee to certain parties equal to 8% of theamountsubscribed in accordance with the policies of the TSX VentureExchange.

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

BellCopper is focused on the development to production of the LaBalsacopper mine in Michoacan, Mexico & the Granduc copper mineinBritish Columbia, Canada while continuing exploration anddevelopmentof its pipeline of copper projects in some of the world'spremiercopper producing regions.

More information on Bell Copper: www.bellcopper.net

On behalf of the Board of Directors of
Bell Copper Corporation

Brian Leeners

Brian Leeners, CFO & Director

For further information please contact the Company
Tel: 604 669-1484 or email: info@bellcopper.net

THETSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPTRESPONSIBILITYFOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Forward-looking statementsin this release are made pursuant to the'safe harbor' provisions of thePrivate Securities Litigation Reformact of 1995. Investors arecautioned that such forward-lookingstatements involve risks anduncertainties