On July 6, 2026, Coast Copper Corp. (“Coast Copper”) announced that it had entered into an an asset purchase agreement (the “Agreement”) with Talisker Resources Ltd. (TSX: TSK) (“Talisker”) and its wholly-owned subsidiary, Bralorne Gold Mines Ltd. (“Bralorne”).

Pursuant to the Agreement, Bralorne acquired a 100% interest in Coast Copper’s Ben Nevis property (the “Property”) located in the Bralorne Gold Mining camp (the “Transaction”). In consideration, Talisker paid Coast Copper $125,000 in cash, issued to Coast Copper Talisker common shares (“Consideration Shares”) having an aggregate value of $250,000, and agreed to grant Coast Copper a contingent payment under certain conditions as described below.

Bralorne will pay to Coast Copper (the “Contingent Payment”) $100,000 in cash or Talisker common shares (the “Discovery Shares”) at the discretion of Bralorne, will be made to Coast Copper for each 100,000 gold ounces (“Discovery Ounces”) (up to a maximum of 1,000,000 Discovery Ounces) delineated in the inferred, measured or indicated categories reported in a National Instrument 43-101 Standards of Disclosure for Mineral Projects-compliant technical report filed by Bralorne or any successor in interest which holds the Property (the “Technical Report”) on SEDAR+.

The Transaction is consistent with Coast Copper’s strategy of monetizing non-core exploration assets and redeploying capital toward advancement of its flagship copper projects while retaining exposure to future exploration success.

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.

Further details regarding Coast Copper and the Transaction can be found on Coast Copper’s website.  Coast Copper trades under the symbol “COCO” on the TSX Venture Exchange.