News Releases 2010
Fri March 26, 2010.
Bellhaven closes non-brokered financing
Company Reverting Back to Its Exploration Roots with a Goal to Deliver a Flagship Project over the Near-term. Lead Investor Sees Strong Upside in Bellhaven; Helps to Re-Shape the Company
Panama City, Panamá March 26, 2010. Bellhaven Copper & Gold Inc. (the “Company” or “Bellhaven”) (TSX-V: BHV) is pleased to announce the closing of a non-brokered financing whereby the Company raised C$1,343,774.55 through the issuance of 8,958,497 units. Each unit consists of 1 common share and 1 warrant to purchase an additional common share for C$0.25 over a 24-month period from the date of issuance. The Securities issued will be subject to a four month hold period from the date of issuance.
Wed March 24, 2010.
Bellhaven Convertible Debenture Holders Convert all Debt
Panama City, Panamá – March 24, 2010. Bellhaven Copper & Gold, Inc. (TSXVenture: BHV) (“Bellhaven” or the “Company”) is pleased to announce that it has reached agreements with the holders of its 10% convertible debentures having a combined principal amount of C$1,044,305.31 (the “Debentures”) to convert the debentures into units of Bellhaven priced at $0.15 per unit (the “Units”), with each such Unit being comprised of one share and one share purchase warrant entitling the holder to acquire a further common share of Bellhaven at a price of $0.25 per share for a term of 2 years.
Wed March 17, 2010.
Bellhaven to Increase Non-Brokered Financing From $600,000 to $1,050,000
Panama City, Panamá March 17, 2010. Bellhaven Copper & Gold Inc. (the “Company” or “Bellhaven”) (TSX-V: BHV) is please to announce that it will increase the size of its recently announced financing from 4,000,000 to 7,000,000 units due to unforeseen and significant investor demand. All other terms of this unit offering remain the same as released on March 15, 2010.