Vancouver, British Columbia -- Bell Copper Corporation ("Bell" or the "Company") (NEX: BCU.H) announces that, subject to regulatory approval, it will be settling $229,942.10 of debt arising from various services provided by issuing 4,598,842 units at a deemed price of $0.05 per unit (the "Units"), with each Unit consisting of 1 common share and a half share purchase warrant, each full warrant being exercisable for an additional common share of the Company at a price of $0.10