Coast Copper Shareholder files EWR, Announces Ownership Position of 11.74%
MWN-AI** Summary
Coast Copper Corp. (TSXV: COCO) has disclosed that notable shareholder Mr. Michael Kosowan has filed an early warning report (EWR) regarding his increased ownership stakes in the company. As of January 8, 2026, Kosowan holds 11.74% of Coast Copper's outstanding common shares, a significant rise from his previous ownership of approximately 6.30%. His acquisition, consisting of 4,078,000 shares purchased between June 17, 2024, and January 8, 2026, was executed in the public market at prices ranging from $0.05 to $0.11 per share, totaling about $283,700.
Leading up to this requirement for early warning disclosure, Kosowan had already owned 4.7 million shares and 3 million share purchase warrants. Following his latest transactions, he now controls a total of 8,778,000 common shares and the same number of warrants, impacting his voting power on both an undiluted and partially diluted basis. The EWR indicates potential for future fluctuations in his holdings, dependent on market conditions.
Notably, the board members and executives of Coast Copper, including Kosowan, collectively own about 37.75% of the company’s issued shares on an undiluted basis. Coast Copper’s exploration endeavors primarily focus on the Empire Mine property located in northern Vancouver Island, British Columbia, where the company is strategically advancing various mineral projects.
In a statement, Coast Copper's CEO Adam Travis highlighted the organization's ongoing commitment to exploring precious and base metal opportunities across Western North America. For more detailed information, the EWR is accessible on SEDAR under Coast Copper’s profile.
MWN-AI** Analysis
Coast Copper Corp. (TSXV: COCO) has recently reported that shareholder Michael Kosowan has increased his stake to 11.74% following a series of transactions over the past few years. This development is noteworthy as it positions Kosowan among the company's significant investors, collectively holding approximately 37.75% of the company's shares (undiluted) when including other directors and insiders.
Investors should interpret this increase in ownership as a strong signal of confidence in Coast Copper's prospects, especially as the firm continues to explore its assets, including the Empire Mine property in British Columbia. The mining sector, particularly for precious and base metals, is currently experiencing fluctuations caused by geopolitical tensions, supply chain disruptions, and increasing demand for metals in the renewable energy sector. Kosowan’s engagement and sizable investment may indicate that he believes in the company’s growth potential and the value of its resource portfolio.
From a market perspective, the increased insider ownership can theoretically lead to a firmer share price, as it reduces the float and suggests long-term commitment from key stakeholders. However, investors should also consider the company's ability to execute on its exploration and development plans. Coast Copper's recent acquisition of six new projects demonstrates an aggressive expansion strategy aimed at diversifying its asset base and tapping into promising regions.
Given the inherent risks in mining, I advise potential investors to conduct thorough due diligence. Monitor not just the developments in Coast Copper’s project pipeline, but also broader economic conditions impacting commodity prices. Due to potential volatility, a strategic approach—either through gradual accumulation or by setting targeted entry points—is recommended as market sentiment continues to oscillate in response to evolving external factors.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Canada NewsWire
TSX. V: COCO
VANCOUVER, BC, Jan. 14, 2026 /CNW/ - Coast Copper Corp. ("Coast Copper" or the "Company") (TSXV: COCO) announces that an early warning report ("EWR") has been filed by Mr. Michael Kosowan, a shareholder of the Company. Between June 17, 2024 and January 8, 2026, Mr. Kosowan acquired a total of 4,078,000 common shares of the Company by way of acquisitions in the public market at prices ranging from $0.05 to $0.11 per common share for the aggregate cost of approximately $283,700 (the "Transactions"). These Transactions have triggered the requirement to file this early warning disclosure as Mr. Kosowan's ownership and control and direction over the shares of the Company has increased to more than 10% of the issued and outstanding common shares of the Company.
Immediately prior to the Transactions, Mr. Kosowan beneficially owned, and had control and direction over, 4,700,000 common shares and 3,000,000 common share purchase warrants of the Company, representing approximately 6.30% of the outstanding shares of the Company on an undiluted basis and approximately 9.93% of the Company's issued and outstanding shares on a partially-diluted basis (assuming the exercise of the warrants held by Mr. Kosowan). Immediately after the Transactions, Mr. Kosowan beneficially owns, and has control and direction over, 8,778,000 common shares and 3,000,000 common share purchase warrants of the Company, representing approximately 11.74% of the Company's issued and outstanding shares on an undiluted basis, and approximately 15.14% of the Company's issued and outstanding shares on a partially-diluted basis (assuming the exercise of the warrants held by Mr. Kosowan).
Mr. Kosowan acquired these shares for the purposes of an investment and depending on market and other conditions, Mr. Kosowan may, from time to time, in the future increase or decrease his ownership, control or direction over securities of the Company, through market transactions, private agreements or otherwise. This press release is being disseminated pursuant to National Instrument 62-103 – The Early Warning System and Related Take Over Bids and Insider Reporting Issues with respect to the filing of an early warning report by Mr. Kosowan.
A full report may be obtained from SEDAR+ under the profile of the Company. To obtain a copy of the EWR, please contact the Company's CEO Mr. Adam Travis by telephone at 877-578-9563.
Including Mr. Kosowan's shareholdings, the Directors, Officers and Insiders of the Company presently own approximately 37.75% of the Company's issued and outstanding shares on an undiluted basis, and approximately 55.30% of the Company's issued and outstanding shares on a partially-diluted basis.
About Coast Copper Corp.
Coast Copper's primary exploration focus is the Empire Mine property, located on northern Vancouver Island, British Columbia, which covers three historical open pit mines and two past-producing underground mines that yielded iron, copper, gold, and silver. In 2023, Coast Copper launched a generative program aimed at advancing its other properties in parallel with Empire. In 2025, Coast Copper acquired six new projects bringing its total number of 100% owned projects in BC to thirteen, including the Empire Mine, Knob Hill NW and Copper Kettle properties located on northern Vancouver Island, BC, and mineral properties in the Golden Triangle, Huckleberry, Anyox, Babine, Toodoggone and Sullivan districts. Coast Copper's management team continue to actively review precious and base metal opportunities in western North America.
On Behalf of the Board of Directors:
"Adam Travis"
Adam Travis, Chief Executive Officer and Director
For further information, please contact:
Adam Travis, CEO
Coast Copper Corp.
409 Granville Street, Suite 904
Vancouver, B.C. V6C 1T2, Canada
P: 877-578-9563
E: [email protected]
NR26-02
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Coast Copper Corp.
View original content: http://www.newswire.ca/en/releases/archive/January2026/14/c2932.html
FAQ**
How does Mr. Michael Kosowan's increased ownership to 11.74% in Coast Copper Corp. (COCO:CC) impact the company's governance and strategic decisions moving forward?
What are the key factors that influenced Mr. Kosowan's decision to acquire additional shares of Coast Copper Corp. (COCO:CC) in the current market conditions?
Considering Mr. Kosowan's potential to increase or decrease his ownership in Coast Copper Corp. (COCO:CC), how might this affect investor sentiment and market perceptions of the company?
With Coast Copper Corp. (COCO:CC) now being owned 37.75% by insiders, how could this concentration of ownership influence the company's operational strategies and development projects?
**MWN-AI FAQ is based on asking OpenAI questions about Coast Copper Corp. (TSXVC: COCO:CC).
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