Private Placement
VANCOUVER, March 13, 2007 - Cooper Minerals Inc. (TSXV: CQ) (the
"Company") wishes to announce that it has entered into a non-brokered
private placement for the sale of 8,350,000 units at a price of $0.60 per
share for a total of $5,010,000. Each unit shall consist of 1 common share
and 1 transferable share purchase warrant for the purchase of an
additional common share of the Company within 18 months from the date of
closing. The exercise price for the warrant will be $0.75 per share. The
funds shall be used for the Company's general working capital and its
exploration programs. The maximum allowable finder's fee shall be payable.
These transactions are subject to regulatory approval.
On behalf of the Board of Directors
Cooper Minerals Inc.
Simon Tam
Director
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND
DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS
RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE
SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE
HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF
1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT
HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD
CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR
IMPLIED HEREIN.
ENGLISH