Bellhaven Signs JV Agreement with Western Troy Capital Resources
Tuesday, February 13 2007 @ 12:47 AM UTC
Contributed by: Don Winner
The following table outlines the details of the transaction: >
The number of shares to be issued for each stage will be based upon the market price of the shares of Western Troy at the time of issuance. The exercise price of the warrants will be the market price of the shares of Western Troy at the time of issuance and can be exercised for a period of two (2) years from the date of issuance. The securities issued will be subject to a hold period of four (4) months and one day. The transaction is subject to regulatory approval.
Bellhaven Copper and Gold Inc. is a Panama-based mineral exploration company with a portfolio of gold and copper properties in the Republic of Panama. The company has issued 20,793,151 shares and has no debt. For more information, please visit the web site at www.bellhavencg.com or call Miguel Villahermosa at toll free 1-866-599-5930 .
On behalf of the board of directors,
Julio C. Benedetti, President, CEO
BELLHAVEN COPPER AND GOLD, INC.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
For further information: Bellhaven Copper and Gold Inc. Corporate Contact: Julio Benedetti, 507-226-3967 or Investor Relations Contact: Miguel Villahermosa, Toll Free: 1-866-599-5930