Day: May 11, 2011

Vancouver, B.C.: Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX-V Symbol: BCU) is pleased to announce that further to its news release dated April 28, 2011, the Company has completed the first tranche of its brokered private placement with D&D Securities Inc. and Delano Capital Corp. and has issued 14.55 million units at a price of $0.20 per unit for gross proceeds of $2,910,000. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase an additional common share of the Company for an 18 month period at a price of $0.35 per share. Insiders of the Company have subscribed for $521,000 of this first tranche of the placement. All common shares issued in connection with the units are subject to a regulatory hold period restricting them from being traded until September 7, 2011. The Company expects to close on the $1.59 million balance of the private placement by the end of this week.

Ryan Gold Corp. is pleased to announce that the Company has received final approval from the TSX Venture Exchange with respect to the purchase, royalty and employment agreements (the “Agreements”) signed with Shawn Ryan. As detailed in the Company’s press release dated April 26, 2011, Ryan Gold will purchase 50 properties, comprising 6,558 Quartz Claims (the “Properties”) located in the Yukon Territory, through the acquisition of Mr. Ryan’s 70% interest in the Properties and the acquisition of all of the issued shares of 45127 Yukon Inc. (“Claims Co”), which owns the remaining 30% interest in the Properties. Mr. Ryan owns all of the shares of Claims Co. The Company has issued 7.5 million shares of Ryan Gold and made the first cash payment of $2.5 million to Mr. Ryan