Coast Copper Announces Warrant Extension
Coast Copper Announces Warrant Extension
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.
View original content:
http://www.newswire.ca/en/releases/archive/September2024/12/c0625.html
%SEDAR: 00032945E
For further information:
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:
CO: Coast Copper Corp.
CNW 17:05e 12-SEP-24