Bell Copper Increases Financing to $4 Million and Announces Board and Management Changes

About this update from Bell Copper Corporation

[{"type":"text","content":"\n\n\n Apr. 26, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTSX-V Symbol: BCU\n\n\nVANCOUVER, BC, April 26 /CNW Telbec/ - Bell Copper Corporation ("Bell Copper" or the "Company") (TSXV: BCU) is pleased to announce that\n it has agreed to increase its previously announced brokered private\n placement from $2.5 million up to $4 million. The Company will continue\n to offer units at $0.20. Each unit however will now consist of one\n common share and one common share purchase warrant, with each warrant\n now exercisable at $0.35 for a period of 18 months from the date of\n closing.\n\n\nProceeds from this financing will be used primarily to fund the\n feasibility study of the Company's La Balsa project in Mexico, the\n proposed acquisition of the Van Dyke project in Arizona, the\n commencement of confirmation drilling and core re-assaying aimed at\n bringing the historical resources at Van Dyke into a 43-101 compliant\n status, the commencement of a Preliminary Economic Assessment at Van\n Dyke, and planned drilling at the Company's Kabba project in Arizona.\n\n\nD&D Securities Inc. is acting as lead agent for the Financing, with\n Delano Capital Corp. acting as a co-agent (collectively the "Agents").\n Upon the closing of the Financing, the Agents will receive a cash\n commission representing 7% of the gross proceeds of the sale of the\n securities. The Company will also issue share purchase warrants to the\n Agents on closing entitling the Agents...

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