NEWS

Loan Agreement

Vancouver, British Columbia - Bell Copper Corporation ("Bell" or the "Company") (TSX-V: BCU) announces that it has entered into a loan agreement ("Loan") with Desert Fox Minerals Co. (the "Lender"). The Loan provides credit to Bell of CDN $150,000 and bears interest at 12% per annum. The Loan will be due in twelve months and is secured against the Company's Kabba mineral properties. An origination fee of 500,000 shares of the Company's stock will be paid to the Lender upon approval of the TSX Venture Exchange. Should the loan not be repaid in a timely fashion, the Lender has the option of acquiring the Kabba properties for CDN $500,000 less the loan principal amount and accrued interest. The

Non-brokered Private Placement Financing

Vancouver, British Columbia -- Bell Copper Corporation ("Bell" or the "Company") (TSX-V: BCU) announces a non-brokered private placement of up to 7.22 million units at a price of five cents per unit ($0.05) to raise proceeds of up to $361,000. Each unit will consist of one common share and one-half common share purchase warrant (the "Unit Warrants") with each Unit Warrant entitling the holder to acquire one additional common share at a price of 10 cents ($0.10) per share for six months from closing. The Unit Warrants are, upon expiry of the statutory four month hold period after issuance, subject to the right of the company to accelerate the exercise period for the Unit Warrants if the commo

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