Bell Copper Announces Closing of its Non Brokered Private Placement, Appointment of New Director and Results of its 2020 Annual and Special General Meeting
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September 22, 2020
News Release
Bell Copper Corporation - TSX.V Symbol: BCU
Bell Copper Announces Closing of its Non Brokered Private Placement,
Appointment of New Director and Results of its 2020 Annual and Special
General Meeting
VANCOUVER, B.C. - Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX -V: BCU) reports
that further to its news releases of August 20 , 24 and 28, 2020 the Company has now closed its non-
brokered private placement (the “ Financing”), by the issuance of up to 5,6 87,390 units at a price of
$0.15 per unit (the “Units”), raising gross proceeds of $853,109.
Each Unit consists of one common share and one share purchase warrant (a “Warrant”). Each warrant
shall be exercisable into one additional common share at a price of $0. 25 per share for a period of one
year from the date of closing of the Financing. The Company paid cash finder’s fees of $1,800 incidental
to the financing, as permitted by the policies of the TSX Venture Exchange.
The securities issued by the Company in the Financing are subject to a statutory hold period which
expires on January 17, 202 1. Funds raised from this private placement will be used for continued
exploration at the Company’s 100% owned Big Sandy Porphyry Copper Project and for general working
capital.
Results 2020 Annual General Meeting
The Company also reports that at the Annual and Special General Meeting of its shareholders held
September 15, 2020 (the “ASGM”), the Company experienced a strong turnout of votes. All resolutions
proposed and voted on at the meeting were approved and duly passed with the support of greater than
84% or more of votes.
The Company is pleased to report that at the meeting, Mr. Mario Stifano consented to and was elected
as a new member of the Company’s board of Directors. Additionally all the other incumbent directors,
Dr. Timothy Marsh, Ms. Annie Storey, Mr. Werner Glen Zinn and Mr. Jonathan Godbe were elected to
the Company’s board, to hold office until the next annual general meeting of the Company.
Mr. Mario Stifano (CPA, CA) is a senior executive with over 15 years mining experien ce and a proven
leader with strong capital markets experience, having raised over $700 million to explore and build gold
and base metal mines.
He is the founder and current Executive Chairman of Dore Copper Mining. He has been at the head of
numerous different companies , including CEO of Cordoba Minerals Corporation where he was
instrumental in acquiring and consolidating the San Matias copper gold project in Colombia. He is also
the CFO of Lake Shore Gold , a company which raised over $500 million to develop two gold mines in
Canada and which are currently producing over 180,000 ounces of gold annually. As former Chief
P a g e | 2
Financial Officer & Vice President for LeadFX, Inc. and Chief Financial Officer & Vice President of Ivernia
West Plc (a subsidiary of LeadFX, Inc.) the company discovered and brought into production, the world’s
largest lead mine. As the former Executive Chairman of Mega Precious Metals, the company’s
Monument Bay deposit in Canada was expanded to 3.5 million ounces of gold and was pur chased by
Yamana Gold.
Subsequent to the A SGM, the directors of the Company re -appointed the following officers of the
Company: Dr. Timothy Marsh as Pres ident and Chief Executive Officer, Ms. Annie Storey as Chief
Financial Officer, and Pamela White as Corporate Secretary.
About Bell Copper
Bell Copper is a mineral exploration company focused on the identification, exploration and discovery of
large copper deposits located in a region responsible for 10% of the world's copper production: Arizona.
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 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