Vancouver, British Columbia, March 31, 2026 (GLOBE NEWSWIRE) — Surge Copper Corp. (TSXV: SURG) (OTCQB: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is happy to offer a company replace on progress towards the completion of the Pre-Feasibility Examine (“PFS”) for the Berg Copper Mission (“Berg” or the “Project”), upcoming investor occasions, and the second tranche of the beforehand introduced non-public placement.
Operational Replace
The Firm continues to make progress towards the completion of the PFS for Berg, with the research remaining on observe for completion within the second quarter of 2026. The PFS is anticipated to additional refine the Mission’s growth plan and supply necessary inputs for the subsequent stage of technical and regulatory development.
Preparation can also be underway for the 2026 discipline program at Berg, which is anticipated to incorporate extra geotechnical and useful resource drilling, in addition to environmental discipline research. These applications are supposed to help ongoing technical de-risking, future mission planning, and continued development of the Mission by the environmental evaluation, allowing, and additional research levels.
As well as, Surge continues to advance its engagement efforts with First Nations and native communities because the Firm advances the Mission towards the regulatory environmental evaluation course of. This work stays centered on constructing constructive, long-term relationships, by early engagement, open dialogue, and clear communication as mission planning progresses.
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Participation in Upcoming Investor Occasions
Surge administration will likely be attending a number of upcoming investor conferences in North America and will likely be out there for one-on-one conferences with buyers, stakeholders, and different events:
BC Crucial Minerals Discussion board – Vancouver, British Columbia – April 14-15, 2026 Metals Investor Discussion board – Vancouver, British Columbia – Could 8-9, 2026 THE Mining Funding EVENT – Quebec Metropolis, Quebec – June 2-4, 2026 121 Mining Funding New York – New York Metropolis – June 15-16, 2026
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Replace on Second Tranche of Beforehand Introduced Non-public Placement
The Firm is happy to announce that it has entered right into a definitive subscription settlement with African Rainbow Minerals Ltd. (“ARM”) (the “ARM Subscription”) for gross proceeds of $4 million. This follows ARM’s discover to train its participation proper below an investor rights settlement dated Could 31, 2024.
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About Surge Copper Corp.
Surge Copper Corp. is a Canadian useful resource firm advancing one in every of British Columbia’s rising copper districts. The Firm’s 100%-owned Berg Mission hosts a large-scale copper-molybdenum-silver deposit in central British Columbia with a projected mine life exceeding 30 years. A 2023 Preliminary Financial Evaluation outlined a long-life mission producing copper as a major metallic, with molybdenum, silver, and gold by-products. Surge is at the moment advancing a Pre-Feasibility Examine to additional outline the mission’s technical and financial parameters.
Along with Berg, Surge controls a big, contiguous mineral declare bundle that features a number of superior porphyry deposits, together with the Ootsa Property adjoining to the past-producing Huckleberry Mine. Collectively, the Firm’s belongings place Surge as a possible long-term contributor to Canada’s crucial minerals technique by the accountable growth of copper, molybdenum, and related metals.
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Surge is dedicated to advancing its tasks by early engagement with First Nations and native communities, with a give attention to clear communication, relationship constructing, and respectful, constructive dialogue.
For extra data, go to www.surgecopper.com
On Behalf of the Board of Administrators
Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts duty for the adequacy or accuracy of this launch.
