ICS Copper Systems Ltd Completes 2nd Private Placement of $100,000 CAD

Abbotsford, Canada (ots/PRNewswire) - ICS Copper Systems
Ltd. (ICX:TSX.V) announces that it has completed its non-brokered
private placement as previously announced on October 19th, 2009. The
private placement consisted of 1,000,000 units at a price of CDN$0.10
per unit for gross proceeds of CDN$100,000. Each unit is comprised
of one common share (a "Share") and one full warrant entitling the
holder to purchase a common share until March 1st, 2010 at a price
of CDN$0.12, until March 1st, 2011 at a price of CDN$0.15, until
March 1st, 2012 at a price of CDN$0.20.

The warrants are subject to accelerated expiry if common shares
trade at or above CDN$0.35 in any 20 consecutive trading day periods
ending after the date that is four months and a day after the
closing.

All securities are subject to a hold period expiring March 1st,
2010.

The Company has paid to Cormel Capital LLC a finder's fee of
50,000 shares and 50,000 share purchase warrants with the same terms
as above in connection with this financing.

Proceeds of the private placement will be used by the Company for
general working capital.

ICS COPPER SYSTEMS LTD.

Signed "Graham Chisholm"

Graham Chisholm, President & CEO

This release includes certain statements that are
"forward-looking statements". All statements in this release, other
than statements of historical facts that address future exploration,
development and production activities, and other circumstances,
events and developments that the Company expects, are
forward-looking statements. Although management believes the
expectations expressed in such forward-looking statements are based
on reasonable assumptions, such statements are not guarantees of
future performance, and actual results, events and developments may
differ materially from those in the forward-looking statements. The
occurrence of certain risk factors, the probability of which is
unknown, may also affect actual results, events and developments
expected by the Company.

Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.

For further information: Graham Chisholm, graham@icscopper.com,
Office: +1-604-859-3007, Cell: +1-604-302-0746; Jeannette Durand,
jeannette@icscopper.com

Web Page: http://www.icscopper.com/

ots Originaltext: ICS Copper Systems Ltd
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Graham Chisholm, graham@icscopper.com,
Office: +1-604-859-3007, Cell: +1-604-302-0746; Jeannette Durand,
jeannette@icscopper.com