News Releases 2010
Fri May 7, 2010.
Bellhaven appoints Dr. Paul Zweng as CEO & Director
Mr. Julio Benedetti to Remain as President and Director
Panama, Rep. of Panamá – May 7, 2010. Bellhaven Copper & Gold Inc. (TSX-Venture: BHV) (“Bellhaven” or the “Company”) is pleased to announce the immediate appointment of Dr. Paul Zweng to the position of interim Chief Executive Officer and Director. Dr. Zweng will assume this role during this transition period of the Company’s development and remain until such time as the company has achieved a number of objectives, including: acquire a flagship project, strengthen substantially the company’s balance sheet, build a skilled and motivated exploration team, and hire a permanent CEO.
Fri April 23, 2010.
Bellhaven Converts all Outstanding Debentures on Favourable Terms
The Company is Now Debt Free
Panama City, Panamá - April 23, 2010. Bellhaven Copper & Gold Inc. (the “Company” or “Bellhaven”) (TSX-V: BHV). Further to its press release dated March 25, 2010, the Company is pleased to announce that it has reached agreement with all of the holders of its 10% convertible debentures having a principal amount of C$1,044,305.31 (the “Debentures”) to convert the Debentures into 6,962,035 units of the Company (the “Units”) at a deemed price of C$0.15 per Unit. Each Unit has the same terms as those issued by the Company in its recently completed private placement (see the Company’s March 26, 2010 news release) and is comprised of one common share of the Company and one share purchase warrant (a “Warrant”). Each such Warrant entitles the holder to acquire a further common share of the Company in exchange for C$0.25 over a two years term.
Tue April 13, 2010.
Bellhaven Announces Start of Exploration Program at the Pitaloza High-Sulphidation Gold Project in Panama
Panama City, Panamá April 13, 2010. Bellhaven Copper & Gold Inc. (the “Company” or “Bellhaven”) (TSX-V: BHV) is pleased to announce that it has commenced follow-up trenching and detailed mapping to locate sites for reverse-circulation (RC) drilling on its 100%-owned Pitaloza gold project located on Panama’s Azuero Peninsula, 10 km west of the Cerro Quema advanced-stage gold project now under option to Pershimco Resources Inc.