Non-Brokered Private Placement of 4,200,000 Units



    Trading Symbol: CNQ-CBRL

    VANCOUVER, Dec. 7 /CNW/ - Copper Belt Resources Ltd. (the "Company")
wishes to announce it has secured a Private Placement of 4,200,000 units at
$0.05 per unit. All units will be comprised of one common share and one share
purchase warrant. Each whole warrant is exercisable at a price of $0.05 per
share for a period of two years.
    There is no finder's fee payable in connection with the private
placement.
    The Company will apply the proceeds from the private placement towards
repaying the outstanding loans which were provided for working capital.

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    The CNQ has not reviewed, and does not accept responsibility for the
    adequacy or accuracy of the contents of this news release.





For further information:

For further information: Dieter Peter, President & CEO, Telephone: (604)
669-2414; or Josephine See, Corporate Secretary and Treasurer, (604) 669-2414

Organization Profile

CB Resources Ltd.

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