Vancouver, BC – Coast Copper Corp. (“Coast Copper” or the “Company”; TSX-V: COCO) announces that it will be filing an early warning report (“EWR”) in regards to its ownership interest in Hi-View Resources Inc. (“Hi-View”). On September 25, 2025, Coast Copper announced that it had acquired 3,500,000 common shares (the “Shares”) of Hi-View in connection with the Company’s sale of the Borealis property to Hi-View pursuant to an asset purchase agreement. The Shares are listed on the Canadian Securities Exchange (the “CSE”) for trading under the symbol “GXLD”.
On February 23, 2026, the Company sold a total of 1,050,000 Shares on the open market through the facilities of the CSE at the market price of $0.29 per Share for total aggregate cash consideration of $304,500 (the “Transaction”).
Immediately prior to the Transaction, Coast Copper beneficially owned, and had control and direction over, 3,500,000 Shares, representing approximately 11.64% of the issued and outstanding Shares on an undiluted basis, based on 30,079,908 Shares issued and outstanding.
Immediately after the Transaction, Coast Copper beneficially owns, and has control and direction over, 2,450,000 Shares, representing approximately 8.14% of the issued and outstanding Shares on an undiluted basis, based on 30,079,908 Shares issued and outstanding.
Coast Copper is filing the EWR pursuant to National Instrument 62 - 103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues as Coast Copper’s ownership interest in Hi-View has decreased by more than 2% and below 10% since the previous EWR was filed.
Coast Copper holds Shares and has disposed of some Shares through the Transaction for investment purposes. Coast Copper intends to review its investment in the Shares on a continuing basis and may adjust its level of engagement with Hi-View and others and/or take such actions with respect to its investment in the Shares as it may determine to be appropriate based on a number of factors, including the Hi-View’s business, financial condition, strategic direction and prospects, the price levels of the Shares, and market and other conditions, as well as other investment opportunities available to Coast Copper. Coast Copper may, from time to time, increase or decrease its beneficial ownership, control, direction or economic exposure over the Shares, or change its plans or intentions in the future with respect to the Shares.
The full EWR may be obtained from SEDAR+ under Hi-View’s profile on www.sedarplus.ca.
About Coast Copper Corp.
Coast Copper’s flagship projects are the Copper Kettle post-discovery Cu-Au-Mo project located in the Island Copper Cluster on northern Vancouver Island, the former producing Cu-Au Empire mine also located on northern Vancouver Island and the former producing Emerald and Virginia Silver mines located near the Huckleberry mine and Smithers in northern B.C. Coast Copper has an additional 18 projects in B.C. that are available for acquisition, partnering or option that are strategically located in seven advanced mining camps that include the Toodoggone, Golden Triangle Anyox, Goliath Resources (Golddigger), Babine, Bralorne and Sullivan camps providing exposure and leverage to millions of dollars being spent on neighboring properties. Coast Copper’s strategy is to optimize the value of each mineral property within our portfolio through a combination of prospect generation and discovery focused, high-impact exploration while minimizing share dilution through active deal-making.
On Behalf of the Board of Directors:
“Adam Travis”
Adam Travis, Chief Executive Officer 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
NR26-05
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