Global Copper Corporation

Published : June 20th, 2008

Announces Definitive Agreement with Teck Cominco Limited

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Keywords :   Argentina | Chile | Copper | Gold | K Street | Molybdenum |
=======================================================================
Re:   News Releases - Friday, June 20, 2008
      Global Copper Corp Announces Definitive Agreement with Teck
      Cominco Limited
=======================================================================

NR-08-07

Vancouver, British Columbia - Global Copper Corp. ("Global") (TSX:GLQ)
is pleased to announce that it has executed a definitive agreement
whereby Teck Cominco Limited ("Teck") (TSX:TCK.A and TCK.B; NYSE:TCK)
is to acquire Global by way of a Plan of Arrangement under the Business
Corporations Act (British Columbia).  The terms of the agreement were
outlined in a news release dated April 14, 2008 which can be found on
Global's website (www.globalcoppercorp.com) or on SEDAR
(www.sedar.com).

Global has also called a shareholder meeting to approve the
transaction.  The meeting will be held on July 25, 2008 at 10:00 a.m.
at the Metropolitan Hotel, 625 Howe Street, Vancouver, British
Columbia.  An information circular containing details on the
transaction and information on how Global shareholders may receive the
consideration for their shares is expected to be mailed shortly.
 


Global is a Vancouver and Santiago based copper exploration company
that controls the Relincho copper/molybdenum project in Chile, and the
Taca Taca and San Jorge copper/gold projects in Argentina.  Global's
shares trade on the Toronto Stock Exchange under the symbol GLQ.
 


Global Copper Corp.
David Strang
President & CEO
1-604-687-0407 (ext. 103)
dstrang@globalcoppercorp.com

=======================================================================
Copyright (c) 2008 GLOBAL COPPER CORP. (GLQ)  All rights reserved.  For
more information visit our website at http://www.globalcoppercorp.com/
or send mailto:info@globalcoppercorp.com
=======================================================================
.
Data and Statistics for these countries : Argentina | Chile | All
Gold and Silver Prices for these countries : Argentina | Chile | All

Global Copper Corporation

EXPLORATION STAGE
CODE : GLQ.TO
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Global Copper Corp. is a copper development stage company based in Canada.

Its main exploration properties are RELINCHO and VIZCACHITAS in Chile and TACA TACA in Argentina.

Global Copper Corp. is listed in Canada and in United States of America. Its market capitalisation is CA$ 417.5 millions as of today (US$ 345.7 millions, € 227.0 millions).

Its stock quote reached its lowest recent point on December 29, 2006 at CA$ 1.05, and its highest recent level on August 07, 2008 at CA$ 14.08.

Global Copper Corp. has 29 654 949 shares outstanding.

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Project news of Global Copper Corporation
6/20/2008(Relincho)reports results from ten further drill holes at Relincho inc...
2/11/2008(Relincho)intercepts 356 meters grading 1.08% Copper Equivalent in ste...
12/12/2007(Relincho)Reports Interim Sulphide Mineral Resource Estimate for Relin...
12/10/2007(Relincho)reports further step out drill results at Relincho including...
10/24/2007intersects 572 and 348 meters grading 0.96% and 1.04% Copper...
Corporate news of Global Copper Corporation
8/12/2008Provides Deemed Dividend Information to Shareholders
8/13/2008Provides Deemed Dividend Information To Shareholders
6/20/2008Announces Definitive Agreement with Teck Cominco Limited
4/14/2008Acquire Global Copper Corp.
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TORONTO (GLQ.TO)
14.08+2.92%
TORONTO
CA$ 14.08
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