Bell Copper Announces Proposed Share Consolidation

TORONTO, ONTARIO--(Marketwire - May 30, 2012) - Bell Copper Corporation (the "Company") (TSX VENTURE:BCU) announces that a consolidation of its common shares will be proposed to its shareholders at the upcoming annual and special meeting of shareholders scheduled to be held on June 26, 2012.

The Company currently has 173,587,483 shares outstanding and proposes to consolidate its common shares such that one new common share would be issued for every seven common shares outstanding on the effective date of the consolidation, or such lower number of common shares as may be determined by the Board of Directors of the Company and as may be required to obtain approval of the consolidation from the TSX Venture Exchange.

It is management's view that the share consolidation will benefit the Company by increasing investor interest, improving trading liquidity and improving the Company's ability to raise capital at a higher price per share.

If the share consolidation is completed on a seven for one basis, the Company would have approximately 24,798,211 common shares outstanding, post-consolidation.

The proposed share consolidation is subject to the approval, by special resolution, of the shareholders of the Company and to the approval of the TSX Venture Exchange.

The Company also announces that the La Balsa feasibility study has been suspended pending the Company raising additional funding. The Company estimates that approximately two months of work will be required to complete the feasibility study following further funding.

About Bell Copper

Bell Copper is a public company with a focus on copper exploration, development and production in North America. The Company has an extensive portfolio of exploration and development projects located in two of North America's premier copper producing regions: Mexico and Arizona.

More information on Bell Copper: www.bellcopper.net.

On behalf of the Board of Directors of Bell Copper Corporation

Michael Werner, CEO & Director

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the impact of the share consolidation on the Company and the development potential of the Company's properties. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, political and social uncertainties; acquisition risks, the actual results of current exploration activities; delay or failure to receive board or regulatory approvals; timing and availability of external financing on acceptable terms; the Property not being integrated successfully or such integration proving more difficult, time consuming or costly than expected, not realizing on the potential benefits of the proposed transaction; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; future prices of mineral prices; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and shortages and other risks of the mining industry; and, delays in obtaining governmental approvals or required financing or in the completion of activities. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.