TSX-V Symbol: BCU
VANCOUVER, June 17 /CNW Telbec/ - Bell Copper Corporation ("Bell Copper" or the "Company") (TSX-V Symbol: BCU) announces that the Company will issue to Macquarie Bank for the period ended May 31, 2010 common shares of the Company based on the volume weighted average price ("VWAP") for the last 5 trading days of the month as follows:
- Interest due for May 2010 and payable in shares is $50,616.11
- number of shares issued is 202,870 shares at a VWAP of $0.2495 per
The issuance of these common shares is subject to TSX Venture Exchange acceptance.
The Company further announces the exercise and expiration of warrants exercisable into Bell Copper common shares:
- 1,743,000 warrants were exercised at an exercise price of $0.20 per
- 3,948,878 warrants, in the aggregate, expired on June 5 and June 11,
The Company's current share structure is as follows:
Shares Outstanding: 123,703,781
Options Outstanding: 11,145,000
Warrants Outstanding: 27,901,300
Fully Diluted: 162,750,081
About Bell Copper
Bell Copper is a public company with a focus on copper exploration, development and production in North America. The Company has an extensive portfolio of exploration and development projects located in some of North America's premier copper producing regions including Mexico, the Southwestern US and Northwestern British Columbia.
ON BEHALF OF THE BOARD OF DIRECTORS OF
BELL COPPER CORPORATION
Michael Werner, CEO & Director
"Neither 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."
SOURCE Bell Copper Corporation
For further information: For further information: Bell Copper Corporation: Sarah Stephanson, Executive Assistant, Tel.: (604) 669-1484, firstname.lastname@example.org; www.bellcopper.net; Renmark Financial Communications Inc.: Christine Stewart, email@example.com; Jason Roy, firstname.lastname@example.org; Tel.: (514) 939-3989, (416) 644-2020; www.renmarkfinancial.com