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BCU.V ·

News release

Property Options & Staking

July 9, 2 2013 New ws Release e TSX-V Symbol: BCU

Agreement to

  • Sell the L La Balsa Pr roject & SX XEW Plant

Pro oceeds to E Eliminate B Bank Debt

Vancouv ver, British Columbi

ia – Bell C Copper Corporation (“Bell” or t the “Compa any”) (TSX-V: BCU) anno ounces that t it, along with its wh holly owned d subsidiari ies Rogue River Resource es Corp. (“R Rogue River”) and Mine era Montoro S.A. de C.V V. (“Montoro”) which holds the La B Balsa projec ct in Mexico o, have entered into a a share and asset sal le and purc chase agreeme ent with Bin nhhai Harbo our Group H HK Co., Lim mited (“Binh hai”) and M Mr. Jie Lu (“Lu”) (Binhai and Lu collectively the “Purchase ers”) pursuant to which: (i) the Purchasers s will purchase e 100% of the issued d and outstanding sha ares of Mo ontoro; and (ii) Binhai will purchase e from Rogu ue River the SXEW plan nt owned by y Rogue Rive er and which h is being st tored in Arizon na.

The proc ceeds from the sale of f Montoro a and the SXE EW plant, in n the aggre egate amou unt of US$8 million (the “ “Sale Price”) will be as ssigned to M Macquarie B Bank Limite ed (“Macqua arie”) which ho olds security y over Rogu ue River, Montoro, the e La Balsa P Project and the SXEW plant for an am mount exce eeding the S Sale Price ($ $9,157,332 as reported d in the Company’s Int terim Financial l Statement ts of March h 31, 2013)

). Accordin ngly neither r Bell nor R Rogue River will retain an ny net proce eeds from t the sale. In addition to

  • discharging its security and relea asing

Rogue River from all of its debt t, Macquarie e will, as part of the tra ansaction, te erminate the e 2% NSR royalty on the La Balsa p project held by Macqua arie and ret turn to Bell for cancellation 19,036,8 820 common n shares of Bell held by y Macquarie.

The sale transaction n, which is s subject to re egulatory ap pproval, will result in th he elimination of all debt owed to Ma acquarie by Rogue Rive er with a co onsequential l reduction of debt on Bell’s consolida ated financ cial stateme ents ($9,15 57,332 as reported in the Com mpany’s Int terim Financial l Statement ts of March 31, 2013). The cancella ation of 19, ,036,820 co ommon shar res of Bell will reduce the e number of shares iss sued and outstanding to 32,030,132 (on a postconsolida ated basis).

Annual General Meeting

On July 3 3, 2013, the e shareholde ers of the C Company:

  • Appo ointed McGovern, Hurley y, Cunningh ham, LLP as s auditors;
  • Set t the number of directors at three a and re-elect ted Timothy y Marsh, Br rian Leeners s and Franc cis Ling as d directors;
  • Appro oved the co onsolidation of the Com mpany’s sha ares on a 1 for 5 ratio which will r result in the Company having 35,837,49 97 shares issued an nd outstan nding after the conso olidation;

pper Corporation on the

  • Appro oved the Op ption Agreement with P Phoenix Cop e Kabba Pro oject; and
  • Adop pted the Adv vanced Notic ce Policy.

Since completing the Board and Management Transition in December of 2012, the Company has focused on reducing its expenses and debt obligations to better position the Company for the provision of value to its shareholders.

On behalf of the Board of Directors of Bell Copper Corporation

"Timothy Marsh"

Timothy Marsh, CEO & Director

For further information please contact the Company Tel: 604.669-1484

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.