Bell Resources, Grandcru Resources and Rogue River Resources Receive Majority Shareholder Approval for Business Combination at Special Meetings Held March 28, 2008

2008-03-31 06:00:00

Bell Resources, Grandcru Resources and Rogue River Resources Receive Majority Shareholder Approval for Business Combination at Special Meetings Held March 28, 2008

VANCOUVER, BRITISH COLUMBIA–( EMWNews – March 31, 2008) – Bell Resources Corporation (“Bell”) (TSX VENTURE:BL), Grandcru Resources Corporation (“Grandcru”) (TSX VENTURE:GR) and Rogue River Resources Corp. (“Rogue River”) (a non reporting company) are pleased to announce that the proposed business combination presented for shareholder approval at the respective companies’ Special Meetings held on March 28, 2008 received majority approval.

Among matters presented to shareholders for approval was the acquisition of Grandcru and Rogue River by Bell whereby Grandcru and Rogue River will become wholly owned subsidiaries of Bell with each Grandcru shareholder to receive one quarter (1/4) of a common share of Bell for each one (1) common share of Grandcru and each Rogue River shareholder to receive one point eight (1.8) common shares of Bell for each one (1) common share of Rogue River. In Conjunction with the closing of the business combination transaction the outstanding share capital of Bell will be consolidated on a two share for one new share basis.

Other matters presented to the respective company’s shareholders included a special resolution to change the name of Bell Resources Corporation to Bell Copper Corporation and to amend Bell’s articles accordingly as well as the adoption of a share option plan for the resulting Company, Bell Copper Corporation. All of these matters received majority shareholder approval.

The remaining requirements to complete the merger include:

– British Columbia Supreme Court approval of the plan of arrangement

– Filing and approval of the applicable documents with the TSX Venture Exchange

– Filing and approval of the applicable documents with the Registrar of Companies

On behalf of the Board of Directors of Bell Resources 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.

For more information, please contact

Bell Resources Corporation
Dwayne Diehl
(604) 669-1484
Email: info@bellresources.com
Website: www.bellresources.com

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