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In an arm’s length transaction with the previous owner of CQGM, Meston Resources, Inc., a subsidiary of Campbell Resources, Inc., Bellhaven purchased the NPR for total consideration of US$100,000.00, which has been fully paid.  

The NPR is defined as the gross profits for any year less the sum of the following:
  1. The exploration and development charge incurred or accrued in that year;
  2. The aggregate amount, if any, of the recovered operating loss for any prior year or years.
Bellhaven’s President and CEO, Julio Benedetti, has this to say of the acquisition:

“With this acquisition Bellhaven will receive a participation in the benefits of the project. Belhaven also maintains an option to acquire a 40% interest in the project and has initiated discussions for the advancement of the project with B2Gold, owner of the other 60% interest.”.

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


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