Bell Copper Announces $2,000,000 Brokered Private Placement Financing

TSX-V Symbol: BCU

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TORONTO, Feb. 9, 2012 /CNW Telbec/ - Bell Copper Corporation (the "Company") (TSXV: BCU) is pleased to announce a brokered private placement by D&D Securities Inc. (the "Agent") to raise up to $2,000,000 on a best efforts basis (the "Financing"). Pursuant to the Financing, the Company will offer for sale through the Agent up to 25 million units (the "Units") at a price of $0.08 per Unit, with each Unit consisting of one common share and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one common share of the Company at a price of $0.12 for a period of 18 months from the closing date of the Financing.

The Company intends to use the proceeds from the Financing primarily to fund the completion of the feasibility study and ongoing development of the La Balsa project in Mexico, to fund the Company's continuing efforts to close the acquisition of the Van Dyke project in Arizona, and for general working capital purposes. 

Upon the closing of the Financing, the Agent will receive a cash commission equal to 7% of the gross proceeds raised from the sale of the Units. The Company will also issue common share purchase warrants to the Agent on the closing date, which will entitle the Agent to purchase that number of common shares of the Company equal in number to 10% of the aggregate number of Units sold in the Financing at a price of $0.10 per common share for a period of 18 months from the closing date of the Financing.

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 two of North America's premier copper producing regions: Mexico and Arizona.

More information on Bell Copper: www.bellcopper.net

On behalf of the Board of Directors of
Bell Copper Corporation

"Michael Werner"

Michael Werner, CEO & Director

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, the use of proceeds of the Financing. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".  Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; acquisition risks, the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; the Property not being integrated successfully or such integration proving more difficult, time consuming or costly than expected, not realizing on the potential benefits of the proposed transaction; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and shortages and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.

Bell Copper Corporation
Bulgan Orgilsaikhan
Investor Relations
Tel.: [phone]
[email protected]
www.bellcopper.net 

Renmark Financial Communications Inc.
Christine Stewart: [email protected] 
Maurice Dagenais: [email protected] 
Tel.: [phone] or [phone]
www.renmarkfinancial.com