Bell Copper Announces Non-Brokered Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
June 15, 2023
News Release
Bell Copper Corporation - TSX.V Symbol: BCU
Bell Copper Announces Non-Brokered Private Placement
VANCOUVER, B.C. - Bell Copper Corporation (TSXV:BCU) (OTCQB:BCUFF) (“Bell Copper” or the
“Company”) announces that it has arranged a non -brokered private placement to raise gross proceeds of
up to CDN $1,250,000.00 (the “Financing”).
The Financing shall consist of up to 10,416,666 units (each, a “Unit”) at a price of $0.12 per Unit. Each Unit
will consist of one common share (“Share”) and one share purchase warrant (a “Warrant”). Each Warrant
will be exercisable into one additional Share at a price of $0.24 per share for a period of two years from the
date of closing of the Financing (“Closing”).
The securities issued pursuant to the Financing will be subject to a hold period under applicable securities
laws, which will expire four months plus one day from the date of Closing. The Company may pay finder’s
fees incidental to the Financing, as permitted by the policies of the TSX Venture Exchange.
Funds raised from the Financing will be used for the ongoing drilling and explor ation program at the
Company’s 100% owned Big Sandy Porphyry Copper Project and for general working capital. Closing shall
be subject to receipt of all necessary corporate and regulatory approvals, including approval of the TSX-V.
Qualified Person
The technical content of this release has been reviewed and approved by Timothy Marsh, PhD, PEng., the
Company’s CEO and President. No mineral resource has yet been identified on the Big Sandy Project. There
is no certainty that the present exploration effort will result in the identification of a mineral resource or
that any mineral resource that might be discovered will prove to be economically recoverable.
About Bell Copper
Bell Copper is a mineral exploration company focused on the identification, exploration and discovery of
large copper deposits located in Arizona. Bell Copper is exploring its 100% owned Big Sandy Porphyry
Copper Project and the Perseverance Porphyry Copper Project which is under a Joint Venture - Earn In.
On behalf of the Board of Directors of
Bell Copper Corporation
"Timothy Marsh"
Timothy Marsh, President, CEO & Director
For further information please contact the Company
Tel: 1 800 418 8250
Email: [email protected]
Neither the TSX Venture E xchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Statements
This news release includes “forward -looking statements” and “forward -looking information” within the meaning of Canadian
securities legislation. All statements included in this news release, other than statements of historical fact, are forward -looking
statements. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by
the use of words such as "anticipate", "believe", "plan", "estimate", "expect", "potential", "target", "budget" and "intend" and
statements that an event or result "may", " will", "should", "could" or "might" occur or be achieved and other similar expressions
and includes the negatives thereof.
Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of
management regarding the proposed Financing, the expectations of management regarding the use of proceeds of the Financing,
closing conditions for the Financing, the expiry of hold periods for securities distributed pursuant to the Financing, use of proceeds
of the Financing and TSX-V approval of the proposed Financing. Forward-looking statements are based on a number of assumptions
and estimates that, while considered reasonable by management based on the business and markets in which Bell Copper operates,
are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies. There can be
no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's
expectations include: that the Company may not complete the Financing on terms favourable to the Company or at all; that the
TSX-V may not approve the Financing; that the proceeds of the Financing may not be used as stated in this news release; actual
exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans
continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, mar ket or
business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, and other exploration or
other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those
described in the Company’s most recently filed MD&A. The Company does not undertake to update or revise any forward -looking
statements, except in accordance with applicable law.