News Releases 2008
Mon December 1, 2008
Bellhaven Copper & Gold Announces Completion of
Non-Brokered Private Placement Offering of Convertible Debentures
Panama City, Panamá – December 1, 2008. Bellhaven Copper & Gold, Inc. (TSX-Venture:BHV) (the "Company") Further to its news releases of September 10, 2008 and October 15, 2008, th Company announces the completion of a non-brokered private placement offering of convertible debentures, the terms of which are detailed in the earlier news releases, for gross proceeds of $1,044,305 (the "Debentures"). The net proceeds from the sale of the Debentures will be used by the Company for the development of its Cerro Quema gold project in Panama and for general working capital. The Debentures mature on October 29, 2009, subject to extension in accordance with their terms, and bear interest at the rate of 10% per annum. The securities acquired on conversion are subject to a 4-month hold period, expiring February 28, 2010.
Thu September 25, 2008
Bellhaven Acquires New Properties in Colombia
Panama City, Panamá – September. 25 /PRNewswire/ -- Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) (Bellhaven or the Company) announces that it has been granted three licenses (metallic exploration concessions) covering 6,440 hectares in the Department (Province) of Bolivar, Colombia approximately 275 kilometers from the Atlantic port city of Cartagena. The three licenses are located in the San Lucas Mountain Range in the Southern Bolivar Mineral Belt. The Southern Bolivar Mineral Belt extends along a NE-SW trend for more than 150 kilometers. The belt ranges from 15 to 25 kilometers in width and is nearly coincident with the San Lucas Range.
Mon March 24, 2008
Bellhaven Copper & Gold Identifies Strong IP Anomalies Coincident with Gold-In-Trenches at Its Wholly Owned Azuero Property in Southern Panama.
Panama City, Panamá - March 24, 2008. Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) ("Bellhaven" or the "Company") is pleased to report results of the recently completed 8 line-km induced polarization (IP) geophysical survey over prospects within the Pitaloza Concession, at its 100% owned Azuero Property in south-central Panama. Bellhaven has identified several strong and continuous IP geophysical anomalies coincident with altered, gold bearing zones within a four (4) square kilometre area. The geology in the area is ideal for the development of bulk-tonnage, disseminated gold mineralization-similar to what exists at Bellhaven's Cerro Quema Gold deposit (Measured and Indicated Resource of 451,400 oz. gold) located about 15 kilometres southeast of the Azuero Property.