Bell Copper Corporation announced non-brokered private placement of up to 25,000,000 units at a price of CAD 0.12 per unit for gross proceeds of CAD 3,000,000 on November 15, 2022. Each unit will consist of one common share and one share purchase warrant. Each warrant will be exercisable into one additional Share at a price of CAD 0.20 per share for a period of two years from the date of closing of the transaction.

At the discretion of the company, warrants will be subject to an accelerated expiry upon the occurrence of a triggering event. The securities issued pursuant to the Financing will be subject to a hold period under applicable securities laws, which will expire four months plus one day from the date of Closing. The company may pay finderÆs fees incidental to the transaction, as permitted by the policies of the TSX Venture Exchange.

Closing shall be subject to receipt of all necessary corporate and regulatory approvals, including approval of the TSX-V.