News Releases 2009
Fri November 13, 2009
Bellhaven Terminates MOU with Yukon for Cerro Quema interest
Panama City, Panamá - November 13, 2009. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) announces that further to its news release dated September 25, 2009, Bellhaven has informed Yukon Gold Corp., Inc. of its decision to terminated the MOU entered into between the parties. Bellhaven is currently evaluating proposals from and in discussions with interested parties, including Yukon Gold, on the advancement and development of the Cerro Quema Gold deposit and nearby exploration ground.
Thu November 5, 2009
Bellhaven Copper & Gold Inc. Announces Extension of Promissory Note
Panama City, Panamá – Thursday November 5, 2009. Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”)
Further to its news release of July 17, 2009, the Company announces that it has reached agreement with B2 Gold to extend the term of the promissory note (the “Note”) in the principal amount of US$1,950,000 originally due December 1. 2009, which Note was partial consideration for the purchase by Bellhaven of B2 Gold’s 60% interest in the Cerro Quema Gold property in Panama. Under the terms of the agreement the Company is to pay the sum of US$150,000 by November 5, 2009, (which sum has been paid) and the due date for the remaining US$1,800,000 of principal under the Note, together with interest at 6% per annum commencing December 1, 2009, is extended to January 30, 2010.
Mon October 26, 2009
Bellhaven Copper & Gold Inc. Announces Private Placement
Panama City, Panamá – October 26, 2009. Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”)
The Company announces that it intends to raise $200,000 by way of the issuance of units on a private placement basis at a price of $0.07 per unit.