Bellhaven Announces Increase in Private Placement Funds to Support Second Drill Program at La Mina, Colombia, and First Drill Program at Pitaloza, Panama
Funds to Support Second Drill Program at La Mina, Colombia, and First Drill Program at Pitaloza, Panama
PANAMA, REPUBLIC OF PANAMA -- (Marketwire) -- 10/01/10 -- Bellhaven Copper & Gold Inc. (TSX VENTURE: BHV) ('Bellhaven' or the 'Company'). Further to its earlier news release of October 1, 2010 the Company is pleased to announce that its non-brokered private placement has been increased from 7,500,000 units at $0.60 per unit to a total of 8,700,000 units, for total gross proceeds of $5,220,000. All other terms of the placement as disclosed in the prior news release remain the same.
Closing of the private placement remains subject to the acceptance of the TSX Venture Exchange.
On behalf of the board of directors,
Paul L. Zweng, CEO & Director
BELLHAVEN COPPER & GOLD INC.
For more information, please visit the Company's web site at www.bellhavencg.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Bellhaven Copper & Gold Inc.
Paul Zweng, CEO/Director
Corporate Contact in North America
+1-808-377-1947
Bellhaven Copper & Gold Inc.
Julio Benedetti, President/Director
Corporate Contact in Panama
Int'l No: +507-226-3967
www.bellhavencg.com