Bell Copper Receives Approval to Extension of Warrants
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
December 16, 2024
News Release
Bell Copper Corporation - TSX.V Symbol: BCU
Bell Copper Receives Approval to Extension of Warrants
VANCOUVER, B.C. - Bell Copper Corporation (TSXV:BCU) (OTCQB:BCUFF) (“Bell Copper” or the
“Company”) announces that it has received TSX Venture Exchange (“TSX-V”) acceptance to the extension
of the expiry date (“Extended Expiry Date ”) of an aggregate 3,840,166 share purchase w arrants
(“Warrants”) issued in connection with a non -brokered private placement , which completed in two
tranches on December 28, 2022 and January 31, 2023.
The expiry date of 1,448,500 Warrants has now been extended by an additional 12 months from December
28, 2024 to December 28, 2025 and the expiry date of 2,391,666 Warrants has now been extended by an
additional 12 months from January 31, 2025 to January 31, 2026.
These aggregate 3,840,166 Warrants are exercisable into 3,840,166 common shares and remain at an
exercise price of $0. 20 per share . No new warrant certificate s will be issued in connection with this
Extended Expiry Date.
If, at any time prior to the expiry of the Warrants, the Warrants may be subject to acceleration of their new
expiry dates upon the occurrence of a triggering event (“Trigger Event”) at the discretion of the Company.
A Trigger Event shall occur when the VWAP for the Company’s common shares on the TSX-V is greater than
$0.40 per share for a period of twenty (20) consecutive trading days. On the occurrence of a Trigger Event,
the Company may within twenty (20) days of such a Trigger Event (but is not required to do so), shorten the
respective terms of the Warrants by giving thirty (30) days’ notice to the holders by way of a news release
and written notification, in which case the Warrants shall expire within thirty (30) days of the date of
dissemination of the news release.
For further information please contact the Company:
Tel: 1 800 418 8250
Email: [email protected]
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
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 "intend" and
statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar express ions
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 , impact of the Company’s planned drilling program at its Big Sandy project, anticipated drill and exploration
results; the estimation of mineral resources; magnitude or quality of mineral deposits; anticipated advancement of mineral
properties or programs; future operations; mine plans; the future growth potential of Bell Copper and future development plans
for the Company’s projects, the ability of the Company to obtain the requisite staffing, bonding and 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 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, market or business conditions, uninsured risks, regulatory changes,
delays or inability to receive required approvals, and other exploration or other risks d etailed 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.