Bell Copper Announces Further Increase to Non Brokered Private Placement and Postponement of Filing Q2 Statements due to Covid-19 Pandemic
Suite 1050 – 400 Burrard Street, Vancouver, British Columbia, V6C 3A6, Canada
1-800-418-8250 | www/bellcopper.net | [email protected]
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
August 28, 2020
News Release
Bell Copper Corporation - TSX.V Symbol: BCU
Bell Copper Announces Further Increase to Non Brokered Private Placement and
Postponement of Filing Q2 Statements due to Covid-19 Pandemic
VANCOUVER, B.C. - Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX -V: BCU) reports
that further to its news release s of August 20 and 24 , 2020 regarding the Company’s intention to
conduct a non -brokered private placement (the “ Financing”), t he Company is further increasing the
private placement to up to CDN $850,000, by the issuance of up to 5, 666,666 units at a price of $0. 15
per unit (the “Units”).
Each Unit shall consist of one common share and one share purchase warrant (a “Warrant”). Each
warrant will 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 may pay finder’s fee s incidental to
the financing, as permitted by the policies of the TSX Venture Exchange.
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.
The se curities 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 of the
Financing. Closing of the Financing is subject to receipt of all necessa ry corporate and regulatory
approvals, including approval of the TSX Venture Exchange.
Q2 Financial Statement Filing
Bell further announces that it will be postponing filing its interim financial statements, Management's
Discussion and Analysis, and Officer certificates for the period ended June 30, 2020. Bell estimates that
the second quarter interim documents will be available for filing at its earliest opportunity, which is
expected to occur on or before October 15, 2020.
Due to logistics and delays caused by the COVID-19 pandemic, Bell is relying on exemptive relief recently
granted by BC Instrument 51 -515 that allows it to delay the filing of its interim documents required by
National Instrument 51 -102 by August 31 , 2020 . I n response to the COVID -19 pandemic, securities
regulatory authorities in Canada have granted a blanket exemption allowing issuers an additional 45
days to complete their regulatory filings.
Until such time as the June 30, 2020 interim documents are filed, Bell’s management and other insiders
are subject to a trading blackout that reflects the principles contained in section 9 of National Policy 11 -
207 - Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions.
Suite 1050 – 400 Burrard Street, Vancouver, British Columbia, V6C 3A6, Canada
1-800-418-8250 | www/bellcopper.net | [email protected]
There have been no material business developments since the date of the last interim financial
statements, filed on July 15, 2020, however, the Company has issued news releases subsequent to July
15, 2020, copies of which are available on SEDAR at www.sedar.com .
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