TSX. V: COCO
VANCOUVER, BC, Nov. 24,
2022 /CNW/ - Coast Copper Corp. ("Coast Copper" or
the "Company") (TSXV: COCO) announces the grant of 1,455,000
stock options to Directors, Officers, employees and consultants of
the Company pursuant to the Company's 10% rolling Stock Option
Plan, subject to TSX Venture Exchange approval. Each stock option
is exercisable into one common share of the Company, subject to
certain vesting requirements, at an exercise price of $0.05 per share with an expiry of November 24, 2027.
About Coast Copper Corp.
Coast Copper's exploration focus is the optioned 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 Knob Hill NW Property
located on northern Vancouver Island, its Home Brew and Shovelnose
South Properties which are located in central BC. and its Scottie
West Property located in 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, 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
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 guarantees 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.