Copper Mesa announces extension to Nortec Ventures agreement

VANCOUVER, June 4 /CNW/ - Further to the press release dated April 1, 2009, Copper Mesa Mining Corporation ("Copper Mesa" or the "Company") (TSX: CUX.TO) and Nortec Ventures Corp. ("Nortec") (TSX-V: NVT.V) have agreed to extend the closing of Nortec's acquisition of a subsidiary of Copper Mesa (the "Subsidiary") until June 30, 2009 to complete due diligence.

Under the extended agreement, Nortec will pay immediately to Copper Mesa US$90,000 and an additional US$70,000 on June 16, 2009. The US$1,100,000 payment previously due May 31, 2009 will be postponed to June 30, 2009, and the US$900,000 payment previously due June 30, 2009 will be postponed to July 31, 2009. Nortec has the right to satisfy the total payment of the purchase price if it pays to Copper Mesa the total aggregate sum of US$5,000,000 less applicable payments made; on or before July 31, 2009, which has been extended from June 30, 2009. To date Nortec Ventures has paid to Copper Mesa US$600,000 as partial payment towards the purchase price.

The closing of this transaction remains subject to a number of conditions, including completion of a due diligence review by Nortec, acceptance for filing by the TSX Venture Exchange, Nortec arranging for financing for the funds required to pay the purchase price, and receipt of any further required regulatory approvals.

About Copper Mesa Mining Corporation

Copper Mesa is a mineral exploration and development company focused on advancing into production its two key past-producing copper properties, the Zonia and Emerald Isle Mines in Arizona, USA. www.coppermesacorp.com

This press release may contain forward-looking statements that are based on Copper Mesa's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

Contacts

Rana S. Gill
Chief Financial Officer
1-866-907-6047
rgill@coppermesacorp.com

or Joanna Longo
Investor Relations
1-800-385-5451
jlongo@coppermesacorp.com