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Thu July 10, 2008
Bellhaven Copper & Gold Announces Private Placement Closing
Panama City, Panamá - July 10 /PRNewswire/ -- Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) ("Bellhaven" or the "Company") is pleased to announce that it has closed the second and final tranche of its non-brokered private placement announced on June 10, 2008. In connection with the second tranche closing, the Company issued 464,750 units for total proceeds of $255,612.50 before expenses and finder's fees. The securities issued are subject to a four month hold period trading restriction and the hold periods will expire November 11, 2008.
37,180 Agent's Warrants and $17,892.87 have been paid in connection with the second tranche closing. The Agent's Warrants are subject to a four month hold period trading restriction and the hold periods will expire on November 11, 2008.
On behalf of the board of directors,
Julio C. Benedetti, President, CEO
BELLHAVEN COPPER AND GOLD, INC.
Forward Looking Statements: Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to the completion of transactions, the timing and amount of issuances of securities and the uses of proceeds. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated transactions and share issuances and the uses of proceeds.
37,180 Agent's Warrants and $17,892.87 have been paid in connection with the second tranche closing. The Agent's Warrants are subject to a four month hold period trading restriction and the hold periods will expire on November 11, 2008.
On behalf of the board of directors,
Julio C. Benedetti, President, CEO
BELLHAVEN COPPER AND GOLD, INC.
Forward Looking Statements: Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to the completion of transactions, the timing and amount of issuances of securities and the uses of proceeds. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated transactions and share issuances and the uses of proceeds.