Coast Copper acquires 3.5 million Hi-View shares

Executive Summary

• Coast Copper Corp. acquired 3.5 million common shares of Hi-View Resources Inc. as part of the acquisition of the Borealis property from Hi-View Resources Inc.
• Hi-View Resources Inc. filed an early warning report because its ownership stake in Coast Copper Corp. now exceeds 10% of the issued and outstanding shares on an undiluted basis.
• Prior to this transaction, Hi-View Resources Inc. held no securities in Coast Copper Corp.; post-transaction, it holds approximately 18.80% of the company.

Key Details

• Transaction Structure: Acquisition of 3.5 million common shares of Hi-View Resources Inc. by Coast Copper Corp.
• Strategic Context: The share acquisition is connected to the acquisition of the Borealis property from Hi-View Resources Inc. pursuant to an asset purchase agreement dated August 27, 2025.
• Ownership Threshold: Hi-View Resources Inc. is filing an early warning report under National Instrument 62-103 because its ownership constitutes 10% or more of the issued and outstanding shares.
• Pre-Transaction Holdings: Immediately prior to the acquisition, Hi-View Resources Inc. did not beneficially own, or have control and direction over, any securities of Coast Copper Corp.
• Post-Transaction Holdings: Immediately after the acquisition, Hi-View Resources Inc. beneficially owns 3.5 million shares, representing approximately 18.80% of the issued and outstanding shares on an undiluted basis.
• Share Count Basis: The percentage ownership is based on 18,621,450 shares outstanding upon completion of the acquisition.
• Intent: The shares were acquired for investment purposes only; the acquiror may acquire additional securities, dispose of existing securities, or hold its current position depending on market conditions and other factors.
• Regulatory Filing: A copy of the early warning report is available under Coast Copper Corp.'s profile on SEDAR+.