Copper King Mining Corporation fka CPRKQ

[ChuckD-MSB]

NOTE FROM CAM

A SHORT NOTE TO SHAREHOLDERS

September 12, 2010.




Good Evening All:


I wanted to take just a few minutes to give you an update of the events of the past week or two. Since I believe that we will be giving many more updates on a more regular basis, I?m only going to give you the highlights. I will continue to answer your specific questions via email at [e-mail] .


As most of you already know, the EquityHolders Committee was approved by the Trustee. Management has spent a good deal of time in discussions with the former ?ad hoc? committee and has been sharing all available information with the Committee. Mr. Bryan and others in management are very pleased with this development. The Committee represents all shareholders and you should be very pleased to know that you are being represented by the dedicated individuals involved.


On Thursday, the Court approved our additional Emergency Funding Request. This included funds for our required payments to BLM for leases, insurance payments, security forces for the property and other necessary maintenance issues. Of extreme importance was the inclusion of funds for Tetra Tech, our Mill Engineering firm. This will allow us to continue to improve the operational efficiency of the Mill and obtain the highest efficiency available.


We have also secured a new contract with Massey Energy for the sale of our Magnetite. The exact terms of this contract are confidential, but the agreement calls for a guaranteed monthly profit relating to these operations.


On September 7th, we filed with the Court our receipt of a signed Memo of Understanding from Elite Epoch Investments, Ltd. for their participation in the funding of our Plan of Reorganization. While I do not want to make any judgment on the individual terms of this proposal, I think it is important to realize that just the receipt of this document makes it unlikely that our Company can be forced to move from our current status of a ?Reorganization? to that of a ?Liquidation.?

This is a major win for our current management. It gives others who may become interested in participation in our Plan of Reorganization a benchmark for what is an acceptable level of participation.


Also on September 7th we filed a complaint naming Bridge Loan Capital Fund, LP and BLOC Management, LLC as defendants in what we believe was a Fraud against our Company. We cited violations of Utah Securities Act, Fraud, Breach of Fiduciary Duty and Unjust enrichment. There are several individuals also named in the complaint.


All of these documents mentioned in my Note are available on the CopperKing/WUCC ReOrg. Website at:

http://www.copperkingwesternutahminingrestructure.com .


The issues covered in the request for funding are Document # 165

The Complaint with Bridge Loan Capital / BLOC is Document # 232

The Memo of Understanding with Elite Epoch is Document # 234.


Again, I will be back to you again, but will answer your individual questions via email. This has been a very exciting couple of weeks for us all???



Respectfully,

Charles