InvestorsHub Logo
Followers 51
Posts 13369
Boards Moderated 4
Alias Born 06/13/2003

Re: None

Thursday, 02/19/2004 9:04:39 PM

Thursday, February 19, 2004 9:04:39 PM

Post# of 127
Bell Coast Capital acquires five Nevada claims

Bell Coast Capital Corp BCP
Shares issued 30,652,856 Feb 18 close $0.25
Thu 19 Feb 2004 News Release
Also (CAT)
Mr. Rahoul Sharan of Bell Coast Capital reports
BELL COAST CAPITAL CORP RECEIVES REGULATORY APPROVAL FOR NEVADA PROPERTIES
The TSX Venture Exchange has accepted for filing documentation in
connection with an agreement between Bell Coast Capital and Terence M.
Billson whereby the company has acquired an interest in five exploration
properties known as the Copper Basin claims, ICMB claims, Long Peak claims,
Dixie Flats claims and the Hoosac claims, which are all located in Nevada.
The total consideration is $398,540 ($49,500 (U.S.) per property in the
first year), 412,500 common shares (82,500 common shares per property) and
$732,000 in exploration expenses ($492,000 (U.S.) on the Copper Basin
claims, and approximately $120,000 (U.S.) on each of the Long Peak claims
and Dixie Flats claims).
The company has issued 247,500 common shares with a hold period to Feb. 16,
2005, to the vendor. Staccato Gold Resources, Bell Coast's joint venture
partner, holding various interests in the five properties, will be issuing
the vendor the balance of the shares due.


T

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.