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Coast Copper Closes $1.48 Million Sale of One of its Three Toodoggone Properties


News provided by

Coast Copper Corp.

Sep 24, 2025, 07:30 ET

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                                                                                                                           TSX.V: COCO

VANCOUVER, BC, Sept. 24, 2025 /CNW/ - Coast Copper Corp. ("Coast Copper" or the "Company") (TSXV: COCO) is pleased to announce that it has completed the sale of its Borealis property (the "Property") to Hi-View Resources Inc. ("Hi-View"), originally announced on August 28, 2025. Hi-View has acquired a 100% interest in Coast Copper's Borealis property located in the Toodoggone District in northcentral British Columbia (the "Transaction"). In consideration, Hi-View has:

  • paid Coast Copper $500,000 in cash;
  • issued 3,500,000 Hi-View common shares ("Consideration Shares") to Coast Copper, subject to certain contractual resale restrictions, valued at $980,000 based on today's closing price of $0.28 per Consideration Share; and 
  • granted Coast Copper the right to a bonus payment under certain conditions.

Coast Copper will also retain a 3% net smelter return royalty subject to certain buyout provisions.

All Transaction terms are detailed in Coast Copper's news release dated August 28, 2025.  

About Coast Copper Corp. 
Coast Copper's primary exploration focus is the Empire Mine property, located on northern Vancouver Island, British Columbia, which covers three historical open pit mines and two past-producing underground mines that yielded iron, copper, gold, and silver. In 2023, Coast Copper launched a generative program aimed at advancing its other properties in parallel with Empire. In 2025, Coast Copper acquired six new projects bringing its total number of 100% owned projects in BC to thirteen, including the Empire Mine and Knob Hill NW properties located on northern Vancouver Island, BC, and mineral properties in the Golden Triangle, Huckleberry, Anyox, Babine, Toodoggone and Sullivan districts. Coast Copper's management team continue to actively review precious and base metal opportunities in western North America.

On Behalf of the Board of Directors:
"Adam Travis"
Adam Travis, Chief Executive Officer and Director

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 Transaction, 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.

SOURCE Coast Copper Corp.

For further information, please contact: Adam Travis, CEO, Coast Copper Corp., 409 Granville Street, Suite 904, Vancouver, BC, V6C 1T2, Canada, P: 877-578-9563, E: [email protected], NR25-07

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Organization Profile

Coast Copper Corp.

    Also from this source

  • Coast Copper Completes Historical Compilation, Conducts Field Programs and Consolidates Copper Kettle Property, Island Copper Belt Northern Vancouver Island

  • Coast Copper Sells One of its Three Toodoggone Properties for $1.375 Million in Combined Cash and Shares

  • Coast Copper Acquires Ground in the Toodoggone, Adjacent to Amarc, Centerra and TDG Gold

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