Bell Copper Company Bell Copper Announces Shares for Debt Settlement
Suite 2700, 1133 Melville Street | Vancouver, British Columbia | V6E 4E5 | Canada
1-800-418-8250 | www:bellcopper.net | [email protected]
November 20, 2025
NEWS RELEASE
Bell Copper Company
Bell Copper Announces Shares for Debt Settlement
VANCOUVER, B.C. - Bell Copper Company (TSX.V: BCU) (OTCQB: BCUFF) (“Bell Copper” or the
“Company”) announces that it has agreed to settl e an aggregate $198,819.48 of debt owing to certain
creditors, by issuing a total of 3,976,390 common shares (“ Shares”) in the capital of the Company at a
deemed price of $0.05 per Share. No warrants will be issued in connection with the debt settlement.
The conversion of debt to Shares shall be made pursuant to TSX-V Exchange Policy 4.3 and is being
conducted as a means of reduc ing the Company’s debt, including repayment of loans advanced by
the Company’s directors and officers, as well as diminishing a portion of accrued and outstanding
historical management fees due to an Officer of the Company . As Exchange Polices stipulate that
only up to a maximum of CAD$2,500.00 of debt owed to individuals for management fees each month
may be settled by the issuance of shares, the Company intends to settle CAD$82,500.00 of the debt
with the Officer by the issuance of an aggregate 1,650,000 Shares.
The debt settlement transaction is subject to the approval of the TSX Venture Exchange and all Shares
issued pursuant to the debt settlement will be subject to a four-month statutory hold period.
The Issuance of the Shares shall be considered to be a related -party transaction under Multilateral
Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61 -101”), but
shall be exempted from the requirements to obtain a formal valuation and to obtain minority approval,
as the issuance of the Shares shall not exceed 25% of the Company’s market capitalization. The Company
is relying on exemptions from the formal valuation and minority shareholder approval requirements
provided under sections 5.5(a) and 5.7(1)(a) of MI 61-101.
The Company believes it is in the best interests of its shareholders to reduce the amount of indebtedness
while preserving cash and improving its financial position.
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 Company
"Timothy Marsh"
Timothy Marsh, President, CEO & Director
P a g e | 2
www.bellcopper.net | Vancouver, BC, Canada | 1 800 418 8250
For further information please contact the Company
Tel: 1 800 418 8250
Email: [email protected]
Neither the TSX Venture Exchange 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.