Bell Copper Announces Results of 2026 Annual and Special General Meeting of Shareholders

Bell Copper Corporation (BCU) announced the results of its 2026 Annual and Special General Meeting (ASGM), held on August 27, 2026. During the meeting, shareholders reappointed all incumbent directors and the independent auditor, MNP, LLP.

The company also secured approval for updates to its Fixed Stock Option Plan, which increases the number of reserved shares from 23,809,847 to 28,952,072. Additionally, the meeting ratified a grant of 4,992,225 incentive stock options to insiders, a move that allows them to hold over 10% of shares on a non-diluted basis. A new "control person" status was also approved for Crescat Portfolio Management, applicable if their holdings exceed 20% following debenture conversions or warrant exercises.

Following the ASGM, Dr. Timothy Marsh, Ms. Annie Storey, and Ms. Pamela White were reappointed to executive roles. Meanwhile, drilling of hole K-24 is ongoing at the Perseverance project, testing stacked magnetotelluric and fault targets. The project is a 51/49 joint venture with Cordoba Minerals.

Bell Copper Corporation (BCU) announced standard corporate governance measures, including an increase in its stock option plan and the ratification of insider options, actions consistent with the company’s exploration-stage operations. The board also approved "control person" status for Crescat, a procedural step linked to the May 2026 $2.052M convertible debenture financing. This designation does not immediately alter the capital structure but establishes the framework for potential future conversion.

Regarding the K-24 drilling update, the company provided no assay results or resource estimates. The project remains in the exploration phase with no identified mineral resource. The announcement confirms the continuation of the exploration program and corporate structure without introducing new market-moving information.

Bell Copper Corporation (BCU) is a pre-revenue exploration company focused on porphyry copper systems in Arizona's Copper Triangle. Its flagship projects include the 100%-owned Big Sandy property and the Perseverance project, which is 49% owned via a joint venture with Cordoba Minerals.

Big Sandy contains a complete supergene profile extending from a leached capping to an enrichment zone. Recent drilling at hole BS-3 intersected 200m of chalcocite-bearing porphyry, and government-backed critical mineral studies are currently underway. The Perseverance project targets stacked magnetotelluric anomalies and faulted porphyry roots, though no mineral resource has been identified. The company remains in the grassroots exploration stage, relying on external financing to advance its drilling programs.