Surge Copper Corp. announces non-brokered private placement of 10,000,000 common shares at a issue price of CAD 0.10 per common share for gross proceeds of CAD 1,000,000 on April 10, 2024. The transaction is expected to close on or about April 24, 2024, and is subject to certain customary conditions, including but not limited to, receipt of TSX Venture Exchange conditional acceptance.

The Company may pay certain finders a cash fee equal to 6% of the aggregate gross proceeds raised from the placement. The common shares will be subject to a statutory hold period of four months and one day from the date of issuance.