Coast Copper Corp. announced a non-brokered private placement of up to 10,000,000 units at an issue price of CAD 0.06 per unit for gross proceeds of up to CAD 600,000 on May 8, 2024. Each Unit will consist of one common share in the capital of company and one non-transferable common share purchase warrant, with each warrant entitling the holder to acquire an additional common share of the company at an exercise price of CAD 0.12 per share with an expiry date of 36 months after completion of the Offering.

The company may pay finders fees in accordance with the rules and policies of the TSX Venture Exchange. The Offering remains subject to customary closing conditions including the approval of the Exchange. All securities issued in the Offering will be subject to a statutory hold period of four months and a day from the closing date.