PANAMA CITY, July 15 /CNW/ - Bellhaven Copper & Gold, Inc. (TSX-Venture:
BHV) is pleased to announce that Dominion Minerals Corp. (OTC Bulletin Board:
DNMN) has announced that it has successfully raised US$10,046,400 through a
private placement. Dominion intends to use the proceeds of the financing to
further advance the development of the Cerro Chorcha phorphyry copper project
located in Panama. Dominion is in the second year of the Exploration and
Development Agreement signed with property owner Bellhaven Copper & Gold, Inc.
Julio C. Benedetti, President of Bellhaven had the following comments:
"This announcement made by Dominion is of great significance for the
continuation of the exploration program at Cerro Chorcha. This financing will
allow Dominion to comply with their work commitment for the second year of the
Agreement of US$7.0 million and guarantees the advancement of the drilling and
work program at Cerro Chorcha."
On behalf of the board of directors,
Julio C. Benedetti, President, CEO
BELLHAVEN COPPER AND GOLD, INC.
Forward Looking Statements: Some statements in this news release contain
forward-looking information. These statements include, but are not limited to,
statements with respect to the completion of transactions, the timing and
amount of issuances of securities and the uses of proceeds. These statements
address future events and conditions and, as such, involve known and unknown
risks, uncertainties and other factors which may cause the actual results,
performance or achievements to be materially different from any future
results, performance or achievements expressed or implied by the statements.
Such factors include, among others, the ability to complete contemplated
transactions and share issuances and the uses of proceeds.
The TSX Venture Exchange does not accept responsibility for the adequacy
of this release.
To view the release issued by Dominion Minerals Corp. in its entirety, go
For further information:
For further information: Corporate Contact, Julio Benedetti of Bellhaven
Copper & Gold, Inc., Int'l No, +507-226-3967, or Investor Relations Contact,
Patrick Abraham, Int'l No: +507-340-9501, for Bellhaven Copper & Gold, Inc.
Web Site: http://www.bellhavencg.com