Additionally, Bellhaven is pleased to announce that it has closed the first tranche of its non-brokered private placement announced on January 27, 2009.  The private placement will raise total proceeds of $186,000 by issuing a total of 3,720,000 common shares at a price of $0.05 per common share.  The securities issued under the first tranche of the private placement are subject to a four month hold period expiring on June 13, 2009. 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 million 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