Agoracom

Vancouver, BC - November 29, 2007, Bellhaven Copper & Gold, Inc. (TSX-Venture: BHV) ("Bellhaven" or the "Company") is pleased to announce that it has closed its non-brokered private placement previously announced on November 13, 2007. The Company has raised CA$3,700,179.95 through the issuance of 4,111,310 units. The units were sold at a price of CA$0.90 per unit and are comprised of one common share and one-half of one share purchase warrant exercisable for a period of two years at a price of CA$1.45. The warrants will also have an acceleration provision whereby they will be exercisable within 15 days in circumstances where the common shares of Bellhaven trade above $2.45 for 20 consecutive days. All securities issued pursuant to this financing are subject to a four month hold period ending March 29, 2008.

The Company paid cash finder's fees representing 7% of the proceeds raised and non-transferable finder's warrants equal to 8% of the units acquired by purchasers introduced by each finder, said finder's warrants to have the same terms and conditions as the warrants forming part of the units.

The proceeds of the private placement will be used for property purchase payments, equipment purchase payments, and working capital related to development of the Cerro Quema Gold Project.

On behalf of the board of directors,

Julio C. Benedetti, President, CEO
BELLHAVEN COPPER & GOLD, INC.

Corporate Contact:
Julio Benedetti
Tel: +011(507) 226.3967

Investor Relations Contact:
Miguel Villahermosa
Toll Free: 1.866.599.5930

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.