Mr. Adam Travis reports

COAST COPPER CONTINUES NON-CORE ASSET MONETIZATION STRATEGY THROUGH SALE OF BEN NEVIS PROPERTY TO TALISKER RESOURCES

Coast Copper Corp. has entered into an asset purchase agreement on July 3, 2026, with Talisker Resources Ltd. and its wholly owned subsidiary, Bralorne Gold Mines Ltd. Bralorne will acquire a 100-per-cent interest in Coast Copper's Ben Nevis property located in the Bralorne gold mining camp. In consideration, Talisker will pay Coast Copper $125,000 in cash, issue to Coast Copper Talisker common shares having an aggregate value of $250,000 and grant Coast Copper a contingent payment under certain conditions, as more fully described below.

The transaction is consistent with Coast Copper's strategy of monetizing non-core exploration assets and redeploying capital toward advancement of its flagship copper projects while retaining exposure to future exploration success.

Adam Travis, chief executive officer, comments: "We're excited to own shares in Talisker. Terry and his team have done an excellent job of putting the Bralorne camp back on the map. This transaction demonstrates the value of Coast Copper's prospect generation strategy. Where appropriate, we intend to monetize selected non-core projects while maintaining our focus on advancing our flagship assets."

Agreement terms

Under the terms of the agreement, Bralorne will:

• Make a cash payment of $125,000;
• Deliver to Coast Copper consideration shares having an aggregate value of $250,000, based on the five-trading-day volume-weighted average price (VWAP) calculated on the closing date. The consideration shares will be subject to trading restrictions: 50 per cent of the consideration shares will be released six months from closing and the remaining 50 per cent of the consideration shares will be released 12 months from closing;
• Spend a minimum of $300,000 in exploration expenses on the property over a three-year period from the closing date;
• Issue the contingent payment under certain conditions.

Contingent payment based on resource delineation

Bralorne will pay to Coast Copper $100,000 in cash or Talisker common shares at the discretion of Bralorne, will be made to Coast Copper for each 100,000 gold ounces (up to a maximum of one million discovery ounces) delineated in the inferred, measured or indicated categories reported in a National Instrument 43-101 -- Standards of disclosure for Mineral Projects-compliant technical report filed by Bralorne or any successor in interest which holds the property on SEDAR+. If Bralorne elects to make payment via the issuance of discovery shares, such discovery shares will be priced based on the five-trading-day VWAP of the Talisker common shares immediately preceding the date of the filing of the technical report on SEDAR+. For greater certainty, the calculation of discovery ounces shall be cumulative over time, and one or more successive technical reports may contribute to the aggregate number of discovery ounces and thereby result in the issuance of one or more contingent payments. However, in successive technical reports, the cumulative number of discovery ounces shall only be increased by the amount that the number of gold ounces in the inferred, measured and indicated classes in a technical report exceeds the number set out in the prior technical report, accounting for any gold ounces that have been depleted through mining activities between such technical reports.

Capital allocation strategy

Since 2021, Coast Copper has generated approximately $5.5-million through strategic property transactions. The company continues to evaluate opportunities to monetize selected non-core assets while focusing technical and financial resources on its flagship projects.

Coast Copper intends to evaluate the Talisker shares as a strategic investment and may monetize all or part of the position over time to support future corporate initiatives, subject to market conditions.

Tim Thiessen chief financial officer comments: "Every successful monetization strengthens our balance sheet while allowing Coast Copper to maintain a disciplined share structure. Our objective is to recycle capital from earlier-stage projects into the advancement of our flagship portfolio, creating value without relying solely on equity financings."

The completion of the transaction is subject to standard closing conditions, including receipt of all necessary regulatory approvals. No finders' fees have been paid in this transaction.

About Coast Copper Corp.

Coast Copper is a British Columbia-focused mineral exploration company advancing district-scale copper and precious metals opportunities through disciplined capital allocation. The company's flagship assets include the Copper Kettle copper-gold-molybdenum project on northern Vancouver Island, the Empire mine copper-gold project and the Virginia silver and Sweeney silver projects. Coast Copper also maintains a portfolio of earlier-stage exploration properties that provide opportunities for strategic partnerships, asset sales and option agreements designed to generate capital while minimizing shareholder dilution.

We seek Safe Harbor.