SPC SPC Nickel Corp

Superior Copper Corporation ("Superior Copper" or "the Company") (TSX
VENTURE:SPC) is pleased to announce that it intends to complete a best efforts
non-brokered private placement financing of hard dollar units ("HD Units") at a
price of $0.10 per HD Unit, and flow-through common shares ("FT Shares") at a
price of $0.10 per FT Share, for gross proceeds of up to $3,250,000 (the
"Offering"). 


Each HD Unit will be comprised of one common share ("Common Share") and one-half
common share purchase warrant ("HD Warrant"), with each HD Warrant being
exercisable for one common share of the Corporation at an exercise price of
$0.15 for a period of 24 months following the closing date of the Offering. 


The securities issued pursuant to the Offering will be subject to a statutory
four month and one day hold period. 


The proceeds of the Offering will be used for exploration and general working
capital purposes. The proceeds received from the amount allocated to the FT
Shares will be used to incur Canadian Exploration Expenses as defined by the
Income Tax Act (Canada), and will be renounced with an effective date of no
later than December 31, 2014. 


It is anticipated that insiders of the Company and their joint actors may
subscribe for up to 45% of the securities pursuant to the Offering. The
participation of each insider will be subject to the approval of directors of
the Company who are independent of that insider. Any such participation would be
considered to be a "related party transaction" as defined under Multilateral
Instrument 61-101 ("MI 61-101"). Since both the fair market value of the
securities to be issued to insiders and the cash consideration to be paid for
such securities will not exceed 25% of Superior Copper's market capitalization,
the Company anticipates that the sale of securities to insiders pursuant to the
Offering will be exempt from the valuation and minority shareholder approval
requirements of MI 61-101. 


The Offering is subject to the approval of the TSX Venture Exchange and
applicable securities regulatory authorities. The Company anticipates closing as
soon as practicable subject to receipt of all necessary regulatory approvals.


Superior Copper Corporation

Superior Copper Corporation is a Canadian-based exploration company focused on
base and precious metal exploration. The Company's primary objective is to
target highly prospective and underexplored mineral properties, particularly
copper, in order to meet the continual global demand. Its primary land position
is its 100% owned Superior Project which covers 15,789 hectares or 158 square
kilometers located approximately 85 km north of Sault Ste. Marie, Ontario. The
Company's property has the potential to host an Iron Oxide, Copper Gold ("IOCG")
deposit as the Corporation has identified a large geophysical magnetic high with
coincident gravity anomalies, Copper-bearing hematitic breccias and IOCG type
alteration patterns throughout the property which is located on the Proterozoic
Mid-continental Rift. 


CAUTIONARY STATEMENT: Neither the TSX Venture Exchange ("TSX-V") nor its
Regulation Services Provider (as that term is defined in the policies of the
TSX-V) accepts responsibility for the adequacy or accuracy of this release. This
News Release includes certain "forward-looking statements". These statements are
based on information currently available to the Company and the Company provides
no assurance that actual results will meet management's expectations.
Forward-looking statements include estimates and statements that describe the
Company's future plans, objectives or goals, including words to the effect that
the Company or management expects a stated condition or result to occur.
Forward-looking statements may be identified by such terms as "believes",
"anticipates", "expects", "estimates", "may", "could", "would", "will", or
"plan". Since forward-looking statements are based on assumptions and address
future events and conditions, by their very nature they involve inherent risks
and uncertainties. Actual results relating to, among other things, use of
proceeds from the Offering, results of exploration, project development,
reclamation and capital costs of the Company's mineral properties, and the
Company's financial condition and prospects, could differ materially from those
currently anticipated in such statements for many reasons such as: changes in
general economic conditions and conditions in the financial markets; changes in
demand and prices for minerals; litigation, legislative, environmental and other
judicial, regulatory, political and competitive developments; technological and
operational difficulties encountered in connection with the activities of the
Company; and other matters discussed in this news release. This list is not
exhaustive of the factors that may affect any of the Company's forward-looking
statements. These and other factors should be considered carefully and readers
should not place undue reliance on the Company's forward-looking statements. The
Company does not undertake to update any forward-looking statement that may be
made from time to time by the Company or on its behalf, except in accordance
with applicable securities laws. Please see our public filings at www.sedar.com
for further information.


Shares Outstanding: 101,756,284

FOR FURTHER INFORMATION PLEASE CONTACT: 
Superior Copper Corporation
John Tait
President and Chief Executive Officer
416-628-5905
jtait@superiorcopper.ca
www.superiorcopper.ca

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