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Tue January 27, 2009
Bellhaven Copper & Gold Inc.
Panama City, Panamá - January 27, 2009. Bellhaven Copper & Gold Inc. (the “Company” or “Bellhaven”) (TSX-V: BHV) has arranged a non-brokered private placement of 10,000,000 common shares at a price of $0.05 per share to raise $500,000. The proceeds will be used in connection with the Company’s Santa Maria mine and general working capital purposes.
Closing of the private placement is subject to TSX Venture Exchange approval.
The Company further advises that, effective January 26, 2009, Cyrus Driver resigned as Chief Financial Officer of the Company. Mr. Driver remains on the Board of Directors. The Company would like to thank Mr. Driver for his service to the Company in his capacity as Chief Financial Officer. Concurrent with the resignation of Mr. Driver, Mark Gelmon, CA, was appointed Chief Financial Officer. Mr. Gelmon is a Chartered Accountant and a member of the Institute of Chartered Accountants of B.C.
Bellhaven Copper & Gold Inc. is a Panama-based mineral exploration and development company with a portfolio of gold and copper properties in the Republics of Panama and Colombia. The Company has 31.48 mllion shares issued and outstanding. For more information, please visit the web site at www.bellhavencg.com or call Patrick Abraham in Panama at 011-507-340-9500.
On behalf of the board of directors,
Julio C. Benedetti, President, CEO
BELLHAVEN COPPER & GOLD, INC.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Corporate Contact: Investor Relations Contact:
Julio Benedetti Patrick Abraham
Int’l No: +507-226-3967 Int’l No: +507-340-9500
Closing of the private placement is subject to TSX Venture Exchange approval.
The Company further advises that, effective January 26, 2009, Cyrus Driver resigned as Chief Financial Officer of the Company. Mr. Driver remains on the Board of Directors. The Company would like to thank Mr. Driver for his service to the Company in his capacity as Chief Financial Officer. Concurrent with the resignation of Mr. Driver, Mark Gelmon, CA, was appointed Chief Financial Officer. Mr. Gelmon is a Chartered Accountant and a member of the Institute of Chartered Accountants of B.C.
Bellhaven Copper & Gold Inc. is a Panama-based mineral exploration and development company with a portfolio of gold and copper properties in the Republics of Panama and Colombia. The Company has 31.48 mllion shares issued and outstanding. For more information, please visit the web site at www.bellhavencg.com or call Patrick Abraham in Panama at 011-507-340-9500.
On behalf of the board of directors,
Julio C. Benedetti, President, CEO
BELLHAVEN COPPER & GOLD, INC.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
Corporate Contact: Investor Relations Contact:
Julio Benedetti Patrick Abraham
Int’l No: +507-226-3967 Int’l No: +507-340-9500