Bell Copper Corporation
TSX VENTURE : BCU

Bell Copper Corporation

May 12, 2008 09:30 ET

Bell Copper Corporation-Completes Business Combination

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 12, 2008) - Bell Copper Corporation ("Bell Copper") (TSX VENTURE:BCU), is pleased to announce that the proposed business combination announced on September 4, 2007 has been completed.

"The conclusion of this business combination creates a copper mining company focused on the near-term development to production of the La Balsa Mine in Mexico, the medium-term development to production of the Granduc Mine in British Columbia and the long term exploration of our portfolio of copper exploration assets, providing future development opportunities. Our business plan provides the shareholders of Bell Copper with a steady path to increasing cash flow and future profitability," stated W. Glen Zinn, Bell Copper President and CEO.

Under the terms of the business combination Grandcru Resources Corporation ("Grandcru") and Rogue River Resources Corp.("Rogue River") (a non reporting company) became wholly owned subsidiaries of Bell Resources Corporation ("Bell") with each Grandcru shareholder receiving one quarter (1/4) of a common share of Bell for each one (1) common share of Grandcru and each Rogue River shareholder receiving one point eight (1.8) common shares of Bell for each one (1) common share of Rogue River. In conjunction with the completion of the business combination transaction the outstanding share capital of Bell Resources Corporation was consolidated on a two share for one new share basis. Grandcru is delisted.

In combination with this closing, Bell Copper Corporation has commenced trading on the TSX Venture Exchange under the symbol BCU. Bell Copper Corporation has 72,040,396 shares issued and outstanding.

More information on Bell Copper can be found at: www.bellcopper.net.

Bell Copper is building shareholder value through copper mine development and exploration. The Company is focused on the development to production of the La Balsa copper mine in Michoacan, Mexico and the Granduc copper mine in British Columbia, Canada while continuing exploration and development on its pipeline of copper projects in some of the world's premier copper producing regions.

On behalf of the Board of Directors of Bell Copper Corporation

W. Glen Zinn, President and CEO

Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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