January 4, 2010
BELLHAVEN COPPER AND GOLD SIGNS US$18.5 MILLION AGREEMENT TO DEVELOP ITS CERRO QUEMA GOLD MINING PROJECT
Panama City, Panamá – January 4, 2010. Bellhaven Copper and Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that it has signed a letter of intent (LOI) with Pershimco Resources, Inc. (C:PRO) (“PRO”) to develop the Company’s 100% owned Cerro Quema gold deposit on the Azuero Peninsula in the Republic of Panama. Under the terms of this LOI, PRO will be entitled to earn a 75% interest in the shares of the Company’s wholly owned subsidiary, Minera Cerro Quema, S.A., (“MCQSA”), which is the Panamanian company holding the concessions, rights, title and permits to advance this gold deposit to production.
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November 13, 2009
Bellhaven Terminates MOU with Yukon for Cerro Quema interest
November 13, 2009. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) announces that further to its news release dated September 25, 2009, Bellhaven has informed Yukon Gold Corp., Inc. of its decision to terminated the MOU entered into between the parties. Bellhaven is currently evaluating proposals from and in discussions with interested parties, including Yukon Gold, on the advancement and development of the Cerro Quema Gold deposit and nearby exploration ground.
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November 4, 2009
Bellhaven Copper & Gold Inc. Announces Extension of Promissory Note
Panama City, Panamá – November 4, 2009. Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”)
Further to its news release of July17, 2009, the Company announces that it has reached agreement with B2 Gold to extend the term of the promissory note (the “Note”) in the principal amount of US$1,950,000 originally due December 1. 2009, which Note was partial consideration for the purchase by Bellhaven of B2 Gold’s 60% interest in the Cerro Quema Gold property in Panama. Under the terms of the agreement the Company is to pay the sum of US$150,000 by November 5, 2009, (which sum has been paid) and the due date for the remaining US$1,800,000 of principal under the Note, together with interest at 6% per annum commencing December 1, 2009, is extended to January 30, 2010.
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October 26, 2009
Bellhaven Copper & Gold Inc. Announces Private Placement
Panama City, Panamá – October 26, 2009. Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”)
The Company announces that it intends to raise $200,000 by way of the issuance of units on a private placement basis at a price of $0.07 per unit.
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October 13, 2009
Bellhaven Copper & Gold Inc.
Panama City, Panamá – October 13, 2009. Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”).
The Company announces that on October 8, 2009, it has granted in the aggregate 1,330,000 options at a price of $0.15 per share to its Directors and Officers. The options are exercisable until October 7, 2014.
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