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Non-Brokered Convertible Debenture Private Placement

Thursday, December 11, 2008

Vancouver, B.C.: Bell Copper Corporation ("Bell Copper" or the "Company") (TSX-V Symbol: BCU) announces that further to its strategic plan announced December 4, 2008 the Company will raise up to $1,000,000 by way of the issuance of secured convertible debentures (the "Debentures"). The Debentures will have a two-year term and bear interest at 1% per month payable in common shares of the Company. The Debentures will be convertible into units (the "Units") at a conversion price of $0.05 per Unit at any time prior to expiry. Each Unit will convert into one common share and one share purchase warrant of the Company exercisable at a price of $0.10 per common share for two years from closing. The Debentures will be secured by General Security Agreement.

Up to 20,000,000 Units of Bell Copper will be reserved for issuance as the maximum number of securities issuable upon conversion of the Debentures. Any securities issued upon conversion of the Debenture will be subject to a four month hold period. The Company will pay a cash commission to various finders in accordance with the policies of the TSX Venture Exchange. This financing is subject to approval of the TSX Venture Exchange.

Proceeds of this financing will be used for general working capital.

The Company also announces that it has elected to terminate its option agreement with Benton Resources Corp. on the South Sibley Lake property effective December 9, 2008 and terminate its option agreement with Ramon Farias on the Zomelahuacan property effective December 10, 2008.

About Bell Copper

Bell Copper is focused on the exploration and development of copper assets in the Americas through internal efforts and via strategic partnerships.

More information on Bell Copper: www.bellcopper.net

On behalf of the Board of Directors of
Bell Copper Corporation


"Brian Leeners"

Brian Leeners, CFO & Director

For further information please contact the Company
Tel: 604 669-1484 or email: info@bellcopper.net


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

You can also view this News Release on our website at:
http://www.bellcopper.net/s/News_Releases.asp?ReportID=331621

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Bell Copper Corporation

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Corporate Presentations of Bell Copper Corporation
11/1/2010Corporate Presentation November 2010
7/23/2009Corporate Presentation and Strategic Plan Update
In the News and Medias of Bell Copper Corporation
8/12/2009Bell Copper warrant price reduction
Annual reports of Bell Copper Corporation
Annual Report 2007
Financings of Bell Copper Corporation
3/29/2012Announces Amendments to Private Placement Financing
6/3/2011Closes Balance of $4.5 Million Financing
5/12/2011Closes First Tranche of Financing
4/27/2011Increases Financing to $4 Million and Announces Board and Ma...
6/17/2010Shares Issued to Macquarie, Expiration & Exercise of Share P...
5/17/2010Non-Brokered Private Placement
3/10/2010Closing of Private Placement
1/21/2010Non-brokered Private Placement Increase
11/30/2009Non-Brokered Private Placements
11/2/2009Closing of Private Placement and Warrant Amendment
10/29/2009Non-Brokered Private Placement
8/13/2009Private Placement Closed and Warrant Amendment Approved
8/11/2009Private Placement Increased
7/29/2009Non-Brokered Private Placement
3/10/2009Non-Brokered Private Placement
12/17/2008Kabba Project Drilling - Increased Private Placement
12/11/2008Non-Brokered Convertible Debenture Private Placement
11/3/2008Non Brokered Private Placement
9/25/2008Second Tranche Closing of Private Placement
9/8/2008First Tranche Closing of Private Placement
8/7/2008Non-Brokered Private Placement Terms Amended
7/9/2008Non Brokered Private Placement
4/18/2008Brokered Private Placement Of Units
Option Grants of Bell Copper Corporation
7/22/2007Grant of Incentive Stock Options
Nominations of Bell Copper Corporation
2/29/2012Announces Changes to Board of Directors
10/7/2011Announces Appointment of New Corporate Secretary
5/8/2007Appointment to the Board & Exercising of Warrants
Project news of Bell Copper Corporation
9/10/2012(Sombrero Butte)Amends Purchase Agreement with Copper Fox Metals and Complet...
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10/28/2010(La Balsa)La Balsa Iron Ore Developments
8/31/2010(Granduc Copper Mine)Enters into Agreement with Castle Resources for Sale of 100%...
6/30/2010(La Balsa)Drilling Update
5/18/2010(La Balsa)Update
5/13/2010Sombrero 43-101 Technical Report
5/6/2010(La Balsa)Exploitation Agreement
5/4/2010(La Balsa)Drilling commences
4/20/2010(Kabba)Drillhole K-9 Update at Kabba Project
3/19/2010(La Balsa)La Balsa Scoping Study
2/11/2010(Kabba)Completes Drillhole K-8, Cores K-9
12/16/2009(Granduc Copper Mine)Begins Geophysical Survey of Granduc Mine
12/14/2009(Kabba)Begins Drillhole K-8 at Kabba Project
11/23/2009(Kabba)Kabba Drilling Update
11/6/2009(Kabba)Kabba Drilling Update
11/2/2009(Kabba)Kabba Phase II Drill Update:
7/7/2009(Kabba)Kabba Drilling Update
6/11/2009(Kabba)Kabba Drilling Re-Commences
4/8/2009(Kabba)Kabba Drilling Commences on K-6
3/10/2009(Kabba)Kabba Drilling Update
3/2/2009(Kabba)Kabba Drilling Commences
1/27/2009(Sombrero Butte)Mineral Exploration Roundup Core Shack 2009
1/13/2009(Sombrero Butte)Creek-Sombrero Option Agreement Amendment
6/24/2008(Kabba)Kabba Data Compilation Supports Large Porphyry Mo-Cu Target
3/17/2008(Fox River Mafic Belt)Drilling Begins at Fox River Project
2/6/2008Phase II Drilling Complete at Sombrero Butte in Arizona
1/28/2008(La Balsa) Reports La Balsa NI 43-101 Technical Report
7/4/2007(Fox River Mafic Belt)Fox River Exploration Update
5/24/2007More High Grade Copper from Arizona: Bell cuts 66 meters of ...
5/23/2007(Kabba)Drilling of Cu-Mo Porphyry Target Begins at Kabba Project
Corporate news of Bell Copper Corporation
9/24/2012Announces Management Changes/Advance Notice Policy
3/11/2011Announces $2,500,000 Brokered Private Placement Financing
12/10/20102,500,000 Stock Option Grant to directors, officers and mana...
10/19/2010Sale of Granduc Copper Mine to Castle Resources Closes
10/7/2010LOI with Macquarie
8/31/2010Enters into Agreement with Castle Resources for Sale of 100%...
8/19/2010La Balsa Iron Ore Exploitation Agreement
6/8/2010New Chief Financial Officer
6/2/2010Drillhole K-9 Update
5/12/2010New Director Appointed
5/3/2010Shares Issued To Macquarie
4/29/2010Retains Renmark Financial Communications Inc.
4/9/2010Shares Issued to Macquarie
4/8/2010Van Dyke Copper Mine Purchase
4/6/2010Granduc Option Agreement
3/2/2010Shares Issued To Macquarie
2/4/2010Shares Issued to Macquarie
1/21/2010Management Addition
1/5/2010Shares Issued to Macquarie
12/15/2009New Management
12/9/2009Acquisition of 100% Interest in Silver Leduc Mineral Claims
12/7/2009Proposes Spin-Off Transaction
11/5/2009Shares Issued To Macquarie
10/2/2009Shares Issued To Macquarie
9/2/2009Shares Issued to MacQuarie
8/13/2009Gryphon Summit Litigation
7/3/2009Shares Issued To Macquarie
5/15/2009Shares For Debt
5/1/2009Shares Issued to Macquarie
4/30/2009Macquarie Acquires RAB Debenture
4/2/2009Shares Issued To Macquarie
3/31/2009Shares for Debt
3/4/2009Shares Issued To Macquarie
2/26/2009Debenture Financing Completed
2/6/2009Options
1/23/2009Extension of Macquarie Demand Debenture
12/17/2008Investor Relations
12/4/2008Strategic Plan
11/15/2008CFO, Brian Leeners provides update on Bell Copper's upcoming...
10/24/2008Amends Option Agreement on Sibley Lake
10/24/2008Market Musings
10/22/2008Terminates Option Agreements
8/23/2008Disclosure Review
7/16/2008Options Interest in Arizona Project
7/14/2008Brian Leeners explains the significance of new breccia pipes...
7/8/2008Discovers Advanced Argillic Alteration in New Breccia Pipes ...
6/25/2008Executive Interview
4/12/2008Announces Final Court Hearing Date for Grandcru-Rogue River ...
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4/3/2008 Retains Agoracom To Provide Investor Relations, Social Netw...
4/3/2008Exhibiting at the Calgary Resource Investment Conference
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12/19/2007Options Outland Silver Bar Property to Glen Hawk Minerals Lt...
10/31/2007Continued Drilling at La Balsa Finds More Copper in New
10/30/2007 Phase II Drilling at Sombrero Butte Targets Suspected Under...
10/16/2007Begins Phase One Drilling Program at Gryphon Project
10/10/2007Provides Gryphon Summit Property Overview
9/25/2007Option Agreement With Golden Gryphon USA, Inc.
9/20/2007Reports La Balsa Project Drill Results of Rogue River Resour...
9/19/2007Drilling Begins at Mesa Well Project in Arizona
9/4/2007Grandcru Resources & Rogue River Resources to Complete Three...
8/15/2007 Continues to Expand Presence in Arizona With New Copper Pro...
8/8/2007Introduces New Porphyry Copper Project in Arizona
7/10/2007Extends Copper Mineralization at Sombrero Butte Project
7/5/2007Engages Barnes McInerney
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TSX-V (BCU.V)
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