TSX.V: COCO
VANCOUVER, BC, Sept. 12,
2024 /CNW/ - Coast Copper Corp. ("Coast Copper" or
the "Company") (TSXV: 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
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.
SOURCE Coast Copper Corp.