Campbell Resources closes second tranche of $3.5 million financing



    MineralFields Group purchases 8,333,333 flow-through units

    MONTREAL, June 9 /CNW Telbec/ - Campbell Resources Inc. (TSX: CCH, OTC
Bulletin Board: CBLRF) ("Campbell") today announced that Toronto-based
MineralFields Group has purchased 8,333,333 flow-through shares of Campbell at
$0.12 each for total proceeds of $1,000,000.
    "We are very pleased to have this strong relationship with MineralFields
Group," said André Fortier, Campbell's President and CEO. "This is an
important milestone in the growth of Campbell Resources Inc., and we look
forward to working with MineralFields Group as we develop our holdings in the
Chibougamau region."
    Additionally, another group of investors has purchased 4,500,000
flow-through shares for total proceeds of $540,000.
    This is the second tranche of a previously announced non-brokered private
placement. With the closing of this second tranche, $3,290,000 has been raised
to date.
    An announcement on the final tranche of the private placement will be
made next week.
    Cash commissions of 6% of the proceeds of certain subscriptions were paid
to agents.
    All securities issued pursuant to both private placements are subject to
a four-month hold period. The private placements are subject to the final
approval by the Toronto Stock Exchange.
    Campbell intends to use the proceeds of the financing to continue its
exploration program at the Corner Bay property and other properties it owns in
the Chibougamau area.

    About Campbell Resources Inc.

    Campbell concentrates on the development and exploitation of copper and
gold mining properties in the Chibougamau region of Quebec. The geographical
grouping of its operations allows Campbell to realize economies of scale and
to focus development within access to existing infrastructures. Campbell's
main operations include the Copper Rand and Merrill mines, the Corner Bay
project and the Copper Rand mill. Campbell's headquarters are located in
Montreal, Quebec.

    About MineralFields, Pathway and First Canadian Securities (R)

    MineralFields Group (a division of Pathway Asset Management) is a
Toronto-based mining fund with significant assets under administration that
offers its tax-advantaged super flow-through limited partnerships to investors
throughout Canada during most of the calendar year, as well as hard-dollar
resource limited partnerships to investors throughout the world. Pathway Asset
Management also specializes in the manufacturing and distribution of
structured products and mutual funds. Information about MineralFields Group is
available at www.mineralfields.com. First Canadian Securities(R), a division
of Limited Market Dealer Inc., is active in leading resource financings (both
flow-through and hard dollar PIPE financings) on competitive, effective and
service-friendly terms, with investors both within, and outside of
MineralFields Group.

    Certain information contained in this release contains "Forward-Looking
Statements" within the meaning of the Private Securities Litigation Reform Act
of 1995 and is subject to certain risks and uncertainties, including those
"Risk Factors" set forth in the Campbell's current Annual Report on Form 20-F
for the year ended December 31, 2007. Such factors include, but are not
limited to: differences between estimated and actual mineral reserves and
resources; changes to exploration, development and mining plans due to prudent
reaction of management to ongoing exploration results, engineering and
financial concerns; and fluctuations in the gold price which affect the
profitability and mineral reserves and resources of Campbell. Readers are
cautioned not to place undue reliance on these forward-looking statements,
which speak only as of the date hereof. Campbell undertakes no obligation to
release publicly any revisions to these forward-looking statements to reflect
events or circumstances after the date hereof or to reflect unanticipated
events or developments.
    %SEDAR: 00001579EF




For further information:

For further information: Campbell Resources Inc.: André Y. Fortier,
President and Chief Executive Officer, (514) 875-9037, Fax: (514) 875-9764,
afortier@campbellresources.com; Renmark Financial Communications Inc.: Henri
Perron: hperron@renmarkfinancial.com; Eric St-Pierre:
estpierre@renmarkfinancial.com, (514) 939-3989, Fax: (514) 939-3717,
www.renmarkfinancial.com

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CAMPBELL RESOURCES INC.

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