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Coast Copper Sells Borealis Exploration Property to Hi-View Resources for $1.375 Million in Combined Cash and Shares

Maxis Law represented Coast Copper with a team that included Morgan Hay and Christopher Soo.

On August 28, 2025, Coast Copper Corp. (“Coast Copper”) announced that it had entered into an asset purchase agreement with Hi-View Resources Inc. (“Hi-View”), a CSE-listed issuer, to sell to Hi-View a 100% interest in Coast Copper’s Borealis mineral exploration property (the “Property”), located in the Toodoggone District in north-central British Columbia (the “Transaction”). In consideration, Hi-View will pay Coast Copper $500,000 in cash, issue 3,500,000 Hi-View common shares (“Consideration Shares”) to Coast Copper at a deemed price of $0.25 per Consideration Share, and grant Coast Copper a bonus payment under certain conditions related to potential future sale transactions involving the Property, as more fully described in Coast Copper’s press release announcing the Transaction. Coast Copper will also retain a 3% net smelter return (“NSR”) royalty in respect of the Property.

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.