Business
Coast Copper Sells One of its Three Toodoggone Properties for $1.375 Million in Combined Cash and Shares
Coast Copper Corp. ("Coast Copper" or the "Company"; (TSX-V: COCO) is pleased to announce that it has entered into an asset purchase agreement (the "Agreement") on August 27, 2025 with Hi-View Resources Inc. (CSE:HVW,"Hi-View"), who will acquire a 100% interest in Coast Copper's Borealis property (the "Property") located in the Toodoggone District in northcentral BC (the "Transaction"). In consideration, Hi-View will pay Coast Copper $500,000 in cash, issue 3,500,000 Hi-View common shares ("Cons
About this update from Amarc Resources Ltd.
[{"type":"text","content":"TSX.V: COCO","length":16,"tagName":"p","attribs":{}},{"type":"text","content":"VANCOUVER, BC, Aug. 28, 2025 /CNW/ - Coast Copper Corp. ("Coast Copper" or the "Company"; (TSX-V: COCO) is pleased to announce that it has entered into an asset purchase agreement (the "Agreement") on August 27, 2025 with Hi-View Resources Inc. (CSE:HVW,"Hi-View"), who will acquire a 100% interest in Coast Copper's Borealis property (the "Property") located in the Toodoggone District in northcentral BC (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, as more fully described below. Coast Copper will also retain a 3% net smelter return ("NSR") royalty subject to buyout provisions as outlined below.","length":926,"tagName":"p"},{"type":"image","alt":"COCO NR25-04 (CNW Group/Coast Copper Corp.)","displaySize":"","headline":null,"caption":"COCO NR25-04 (CNW Group/Coast Copper Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":309,"height":400,"url":"https://media.zenfs.com/en/cnwgroup.com/8c399564f020a0610ee4f8e659de2b52"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/NgZK7UWiuTMosSGENxnEmg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU0NDtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/8c399564f020a0610ee4f8e659de2b52","width":309,"height":400}},"href":"https://mma.prnewswire.com/media/2760248/Coast_Copper_Corp__Coast_Copper_Sells_One_of_its_Three_Toodoggon.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Adam Travis, CEO commented: "With the recent AuRORA discovery made by Amarc Resources Ltd. ("Amarc") and Freeport-McMoRan Mineral Properties Canada Inc, the Toodoggone District has become one of the hottest exploration regions in Canada. The sale of one of our Toodoggone properties to Hi-View validates our strategy of acquiring underappreciated exploration properties throughout BC while we advance our core projects. Borealis is highly prospective for porphyry copper-gold, polymetallic and skarn targets and we are extremely excited to be able to participate in the upside ...