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Bellhaven Copper & Gold Announces Private Placement Closing
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PANAMA CITY, July 7 /PRNewswire/ -- Bellhaven Copper & Gold, Inc.
(TSX-Venture: BHV) ("Bellhaven" or the "Company") is pleased to
announce that the non-brokered private placement announced on June 10,
2008, has closed the first tranche of its private placement issuing
3,320,422 units for total proceeds of $1,826,232 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 4,
2008.
203,633 Agent's Warrants and $97,998.74 have been paid in connection
with the first tranche closing. The Agent's Warrants are subject to a
four month hold period trading restriction and the hold periods will
expire on November 4, 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.
The TSX Venture Exchange does not accept responsibility for the
adequacy of this release.
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Copyright (c) 2008 BELLHAVEN COPPER & GOLD INC. (BHV.H) All rights
reserved. For more information visit our website at
http://www.bellhavencg.com/ or send mailto:info@bellhavencg.com
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