Dr. Fletcher Morgan reports

COAST COPPER CEO INCREASES OWNERSHIP POSITION TO 14.27%

An early warning report (EWR) has been filed by Adam Travis, chief executive officer and a director of Coast Copper Corp. Since his initial EWR on Sept. 28, 2022, Mr. Travis has indirectly acquired, through Cazador Resources Ltd., a private company controlled by him, an additional 1,105,000 common shares of the company and has received an additional 400,000 incentive stock options. These transactions have increased his share ownership in the company's current issued and outstanding shares by 2.02 per cent on a partially diluted basis.

Prior to the transactions, Cazador held 5,946,500 common shares of the company, 900,000 incentive stock options and 1.26 million share purchase warrants. This represented 12.25 per cent of the company's issued and outstanding shares on a partially diluted basis. Mr. Travis now controls 7,051,500 common shares of the company, 1.3 million incentive stock options and 1.26 million share purchase warrants, representing 14.27 per cent of the company's current issued and outstanding shares on a partially diluted basis.

The securities were acquired for investment purposes. Mr. Travis has a long-term view of the investment and may, in the future, acquire and/or dispose of securities through the open market, through private transactions or through the company's long-term incentive plan as circumstances or market conditions may warrant.

A full report may be obtained from SEDAR+.

In total, the directors and officers' ownership percentage is 33.19 per cent of the company's current issued and outstanding shares on a partially diluted basis.

About Coast Copper Corp.

Coast Copper's exploration focus is the optioned Empire mine property, located on northern Vancouver Island, B.C., 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-per-cent-owned Knob Hill Northwest property, located on northern Vancouver Island, its Home Brew property in central British Columbia and its Scottie West property, located in the Golden Triangle of Northern B.C. Coast Copper's management team continues to review precious and base metals opportunities in Western North America.

We seek Safe Harbor.