Project Finance Facility

1 Jul 2008 07:00

For immediate release 1 July 2008

Stock Exchange Announcement

COPPER RESOURCES CORPORATION US$15 million project finance facility

The Board of Copper Resources Corporation (AIM: CRC.L) (the "Company") announces that further to the results announcement made on 30th June 2008, which made reference to the provision by Metorex Limited of a short-term US$15 million project finance facility, the independent director of the Company, Mr Robert Fischer, considers that the terms of this facility are fair and reasonable insofar as the Company's shareholders are concerned, having consulted with the Company's nominated adviser, Nabarro Wells & Co. Limited.

Copper Resources Nabarro Wells & Fox-Davies GTH Corporation Co. Limited Capital Limited Communications Jeff Carel Hugh Oram Richard Hail Toby Hall Company Secretary +27 (0) +44 (0) +44 (0) +44 (0) 11 803 1073 20 7710 7400 207 936 5200 20 7153 8035