Bell Copper Announces Increase to Non Brokered Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
August 24, 2020
News Release
Bell Copper Corporation - TSX.V Symbol: BCU
Bell Copper Announces Increase to Non Brokered Private Placement
VANCOUVER, B.C. - Bell Copper Corporation (TSX-V: BCU) (“Bell Copper” or the “Company”) is pleased to
report that further to its news release of August 20, 2020 announcing the Company’s intention to conduct
a non -brokered private placement to raise proceeds of $600,000 (the “ Financing”), t he Company is
increasing the private placement to up to CDN $775,000, by the issuance of up to 5,166,666 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.
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 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.
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 "inten d" and
statements that an event or result "may", "will", "should", "could" or "might" occur or b e achieved and other similar expressions
and includes the negatives thereof.
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 Cop per operates, are inherently subject to significant operational,
economic, and competitive uncertainties, risks and contingencies. There can be no assurance that such statements will prove t o
be accurate and actual results, and future events could differ m aterially from those anticipated in such statements. Important
factors that could cause actual results to differ materially from the Company's expectations include actual exploration resul ts,
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, market or business conditio ns,
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 n ot undertake to update or revise any forward -looking statements,
except in accordance with applicable law.