Private Placement Financing Closed
October 29, 2018
Bell Copper Corporation - TSX.V Symbol: BCU
Private Placement Financing Closed
Vancouver, British Columbia Bell Copper Corporation (“Bell Copper” or the
“Company”) (TSX-V: BCU) announces that, further to its news release dated
March 6, 2018, it has closed its previously announced non-brokered private
placement of $0.10 units (the “Units”), each each Unit consisting of 1 common
share of the Company and 1 common share purchase warrant (the “Warrants”),
with each warrant entitling the holder to purchase an additional common share at a
price of twenty cents ($0.20) per share at any time within 12 months of the date of
issuance, subject to the right of the Company to accelerate the exercise period of
the Warrants if common shares of the Company trade at or abo ve $0.40 for ten
(10) consecutive trading days.
The Company has issued 2,814,100 Units for gross proceeds of $281,410 and a ll
securities issued under this private placement are subject to a four-month resale
restriction.
The proceeds of the private placement have been allocated toward the drilling program at
the Company’s Kabba, Arizona porphyry project as well as for general working capital
purposes.
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
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.