Vancouver, BC – Coast Copper Corp. (“Coast Copper” or the “Company”; TSX-V: COCO) announces it is intending to extend the expiry date of 8,000,000 share purchase warrants (the “Warrants”) that were issued as part of a private placement completed on September 28, 2022. The original term of each Warrant entitled the holder to purchase one common share in the capital of the Company at a price of $0.10 per share with an expiry of September 28, 2024. The Company is intending to extend the expiry date to September 28, 2025. All other terms of the Warrants will remain the same including an acceleration option as more fully described in the September 28, 2022 news release. The extension is subject to TSX Venture Exchange approval.
About Coast Copper Corp.
Coast Copper’s exploration focus is the Empire Mine property, located on northern Vancouver Island, BC, which covers three historical open pit mines and two past-producing underground mines that yielded iron, copper, gold, and silver. Coast Copper’s other properties include its 100% owned Sully property located in southeastern BC, Knob Hill NW property located on northern Vancouver Island, its Home Brew property in central BC, its Sweeney property located in the Central Interior of BC, and it’s Scottie West property located in the “Golden Triangle” of northern BC. Coast Copper’s management team continues to review precious and base metals opportunities in western North America.
On Behalf of the Board of Directors:
“Adam Travis”
Adam Travis, CEO and Director
For further information, please contact:
Adam Travis, CEO
Coast Copper Corp.
409 Granville Street, Suite 904
Vancouver, B.C. V6C 1T2, Canada
P: 877-578-9563
E: adamt@coastcoppercorp.com
NR24-10
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.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION
Certain information contained or incorporated by reference in this press release, including any information regarding the proposed Transaction, private placement, board and management changes, as to our strategy, projects, plans or future financial or operating performance, constitutes "forward-looking statements." All statements, other than statements of historical fact, are to be considered forward-looking statements. Forward-looking statements are necessarily based on a number of estimates and assumptions that, while considered reasonable by Coast Copper, are inherently subject to significant business, economic, geological and competitive uncertainties and contingencies. Although Coast Copper believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not a guarantee of future performance. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking statements. Such factors include but are not limited to: fluctuations in market prices, exploration and exploitation successes, continued availability of capital and financing, changes in national and local government legislation, taxation, controls, regulations, expropriation or nationalization of property and general political, economic, market or business conditions. Many of these uncertainties and contingencies can affect our actual results and could cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf of, us. Readers are cautioned that forward-looking statements are not guarantees of future performance and, therefore, readers are advised to rely on their own evaluation of such uncertainties. All of the forward-looking statements made in this press release, or incorporated by reference, are qualified by these cautionary statements. We do not assume any obligation to update any forward-looking statements.