Coast Copper Signals Stability and Growth with Strategic BC Expansion

VANCOUVER, BC – December 10, 2025

In a move that signals both stability and a clear-eyed focus on growth, Coast Copper Corp. (TSXV: COCO) today announced the results of its annual general meeting (AGM), overwhelmingly reaffirming its current board of directors. Paired with a strategic stock option grant and an update on its expanding exploration strategy, the announcements paint a picture of a junior mineral explorer methodically assembling the key components—leadership, capital, and assets—for its next phase of growth in British Columbia's resource-rich landscape.

While AGMs can often be routine corporate formalities, the context here is critical. For a junior exploration company, where investor confidence is paramount, leadership continuity is a powerful asset. By re-electing its four-member board, Coast Copper’s shareholders have endorsed the team tasked with navigating the high-risk, high-reward world of mineral discovery. The simultaneous grant of 2,075,000 stock options further underscores a forward-looking strategy, aimed at incentivizing the very team shareholders just re-affirmed.

A Steady Hand at the Helm

The re-elected board represents a formidable concentration of experience specifically tailored to British Columbia's mining sector. The team includes CEO and Director Adam Travis, Chairman Fletcher Morgan, and Directors Dale Wallster and Dan Berkshire. Their collective expertise provides a 360-degree view of the industry, from geological discovery to corporate governance.

Adam Travis brings over three decades of geological and exploration management experience in BC, with a history of involvement in major projects like Snip and Eskay Creek. His background is steeped in project evaluation and acquisition, skills that are directly reflected in the company's recent portfolio expansion. Dale Wallster, a prospector and geologist with a 40-year career, is credited with significant discoveries and adds deep technical acumen to the board. His long tenure, having served on the board since 2014, provides invaluable historical context.

Complementing this geological expertise is the corporate and regulatory experience of Fletcher Morgan and Dan Berkshire. Morgan, the board's Chairman, has a background in management consulting and capital markets, providing strategic oversight on governance and finance. Berkshire's four decades in BC's mineral exploration industry, including roles with the Association for Mineral Exploration (AME), offer deep regional knowledge and an understanding of the province's regulatory environment. With an average board tenure of over five years, this is an experienced team that has demonstrated a commitment to navigating Coast Copper's long-term strategy, providing investors with a reassuring level of stability.

Fueling the Engine: Capital and Incentives

Leadership alone is not enough; exploration requires capital. Coast Copper's update confirmed it holds approximately $2,000,000 in working capital. For a junior explorer, this figure is a crucial indicator of its ability to execute its plans without immediate pressure to return to the market for dilutive financing. This financial runway is the fuel for the 'discovery-focused exploration' that forms the core of its business strategy.

This capital base allows the company to methodically advance its projects, from data analysis and target generation to on-the-ground drilling programs. It’s a strategic advantage that enables patience and disciplined decision-making.

The concurrent announcement of a 2,075,000 stock option grant is a key piece of this strategic puzzle. Exercisable at $0.08 per share with a five-year term, the grant is designed to attract, retain, and motivate the directors, officers, employees, and consultants critical to the company's success. In the competitive junior mining sector, where cash conservation is key, stock options are an essential tool to align the interests of the team with those of shareholders. By linking compensation to future share price appreciation, the company ensures that its key personnel are directly invested in delivering exploration success and creating long-term value.

Beyond Empire: A Diversified Bet on BC's Potential

Perhaps the most significant element of the company’s update is the scale of its ambition. While the Empire Mine property on Vancouver Island remains a primary focus—boasting a history of copper, gold, and silver production—Coast Copper is aggressively diversifying its asset base. The company now holds a portfolio of thirteen 100% owned projects, a substantial expansion that includes six new acquisitions in 2025.

This is a calculated move away from the risks of a single-asset company. The expanded portfolio gives Coast Copper exposure to some of British Columbia's most prolific and prospective mining districts, including the legendary Golden Triangle, known for its massive gold and copper deposits; the Huckleberry district, associated with large-scale porphyry systems; and the historic Sullivan district, once home to a world-class lead-zinc-silver mine.

This diversification is managed through a 'generative program' launched in 2023. This approach allows the company to systematically advance multiple properties in parallel, creating a pipeline of opportunities. By applying modern exploration techniques to its expanded land package, Coast Copper aims to unlock new value in districts with proven mineral wealth. This strategy not only spreads risk but also significantly increases the chances of making a new, company-making discovery.

The company’s strategic blueprint is now clear: leverage a stable, expert leadership team and a healthy balance sheet to systematically explore a diverse and highly prospective portfolio of assets across British Columbia. With the foundational pieces firmly in place, the market will now be watching closely for the results of the exploration programs that this strategy enables.