Bell Copper Announces $2,000,000 Non-Brokered Private Placement

June 9, 2021

News Release

Bell Copper Corporation - TSX.V Symbol: BCU

Bell Copper Announces $2,000,000 Non-Brokered Private Placement

VANCOUVER, B.C. - Bell Copper Corporation (TSX-V: BCU) (“Bell Copper” or the “Company”) announces that it has arranged a non-brokered private placement to raise gross proceeds of up to CDN $2,000,000.00 (the “Financing”). Crescat Capital LLC is the lead order and has committed CDN $1,000,000.00 to this financing. The Company anticipates completion of the Financing in one or more tranches, with a first tranche closing over the coming days.

The Financing shall consist of up to 13,333,333 units (each, a “Unit”) at a price of $0.15 per Unit. Each Unit will consist of one common share and one common share purchase warrant (a “Warrant”). Each Warrant will be exercisable into one additional common share at a price of $0.25 per share for a period of two years from the date of closing of the Financing (“Closing”). At the discretion of the Company, Warrants will be subject to an accelerated expiry upon the occurrence of a triggering event (“Trigger Event”). A Trigger Event shall occur when the VWAP for the Company’s common shares on the TSX Venture Exchange (“TSX-V”) is greater than $0.50 per share for a period of twenty (20) consecutive trading days. On the occurrence of a Trigger Event, at any time after four (4) months from the date of the issue of the Warrants, the Company may within twenty (20) days of such a Trigger Event (but is not required to do so), shorten the term of the Warrants by giving thirty (30) days’ notice to the holders by way of a news release and written notification, in which case the Warrants shall expire within thirty (30) days of the date of dissemination of the news release.

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 finder’s fees incidental to the financing, as permitted by the policies of the TSX Venture Exchange.

Funds raised from the Financing will be used for the ongoing drilling and exploration program at the Company’s 100% owned Big Sandy Porphyry Copper Project and for general working capital. Conditional acceptance by the TSX-V of the Financing has been received. Closing is subject to receipt of all necessary corporate and regulatory approvals, including approval of the TSX-V.

About Crescat Capital LLC

Crescat is a global macro asset management firm headquartered in Denver, Colorado. Crescat’s mission is to grow and protect wealth over the long term by deploying tactical investment themes based on proprietary value-driven equity and macro models. Crescat’s goal is industry leading absolute and risk-adjusted returns over complete business cycles with low correlation to common benchmarks. Crescat’s investment process involves a mix of asset classes and strategies to assist with each client’s unique needs and objectives and includes Global Macro, Long/Short, Large Cap and Precious Metals funds.

About Bell Copper

Bell Copper is a mineral exploration company focused on the identification, exploration and discovery of large copper deposits located in Arizona. Bell Copper is exploring its 100% owned Big Sandy Porphyry Copper Project and the Perseverance Porphyry Copper Project which is under a Joint Venture - Earn In.

On behalf of the Board of Directors of

Bell Copper Corporation

"Timothy Marsh"

Timothy Marsh, President, CEO & Director

For further information please contact the Company

Tel: 1 800 418 8250

Email: info@bellcopper.net

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.