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Surge Copper Announces Closing of First Tranche of $20 Million Private Placement

Not for distribution to U.S. newswire services or dissemination in the United States Vancouver, British Columbia, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that it has closed the first tranche of its previously announced $20 million non-brokered private placement (the “Offering”), for gross proceeds of $16 million under the first tranche, consisting of 32,040,000 units (the “Units”). Each Unit consists of one common share of the Company and one common share purchase warrant, on the terms previously described in the Company's February 10, 2026 news release.

globenewswire.com

Surge Copper Announces Berg Project Acceptance into BC Critical Minerals Office

Vancouver, British Columbia, Feb. 20, 2026 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce the British Columbia government's acceptance of the Berg Project into the Critical Minerals Office (“CMO”).

globenewswire.com

Surge Copper Announces Upsize of Private Placement to $20 Million

Not for distribution to U.S. newswire services or dissemination in the United States Not for distribution to U.S. newswire services or dissemination in the United States

globenewswire.com

Surge Copper Announces $15 Million Private Placement to Advance Berg Project

Not for distribution to U.S. newswire services or dissemination in the United States Vancouver, British Columbia, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce a non-brokered private placement of 30 million units (the “Units”) at a price of $0.50 per Unit for gross proceeds of $15 million (the “Offering”). Each Unit will comprise one common share of the Company and one non-transferable common share purchase warrant (a “Warrant”).

globenewswire.com

Surge Copper Appoints Jennifer Anthony as Vice President, Environment and Regulatory Affairs

Vancouver, British Columbia, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce the appointment of Jennifer Anthony as Vice President, Environment & Regulatory Affairs, effective January 12, 2026. Ms. Anthony will join Surge's executive team and will lead the Company's environmental assessment and permitting strategy, regulatory compliance, environmental baseline programs, and community and Indigenous engagement efforts as Surge advances the Berg Project toward project readiness and future development.

globenewswire.com

Surge Copper Advances Berg Toward Pre-Feasibility with Successful 2025 Drilling and Data Validation Program

Vancouver, British Columbia, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to report results from its 2025 multidisciplinary drilling and field program at the 100%-owned Berg Project in central British Columbia. The program was designed to advance Berg toward completion of a Pre-Feasibility Study (“PFS”) planned for H1-2026 (see November 19, 2025 press release ), and was successfully executed with a focus on resource category conversion, validation of historic drilling through modern QA/QC procedures, acid rock drainage characterization, and geotechnical investigations for planned mine infrastructure.

globenewswire.com

Surge Copper Advances Berg Project Pre-Feasibility Study

Vancouver, British Columbia, Nov. 20, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that it is advancing work toward the delivery of a Pre-Feasibility Study (“PFS”) on its 100% owned Berg Project, located in west-central British Columbia. While the Company has referenced ongoing PFS-level work in recent public disclosure, this news release marks the Company's first detailed announcement describing the scope of the study, the technical consultants engaged, and the substantial new datasets that underpin the work.

globenewswire.com

Surge Copper Highlights Strengthening Policy Environment for Critical Minerals Development in Canada

Vancouver, British Columbia, Nov. 10, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) provides its perspective on recent policy and infrastructure developments that strengthen Canada's critical minerals framework and investment climate. These initiatives, spanning fiscal incentives announced in the 2025 Federal Budget, the launch of the G7 Critical Minerals Alliance, and provincial investments in transmission infrastructure in British Columbia, highlight the evolving landscape for responsible development of projects such as the Company's 100%-owned Berg copper-molybdenum project in west-central British Columbia.

globenewswire.com

Surge Copper Announces Grant of Long-Term Equity-Based Incentive Awards

Vancouver, British Columbia, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) announces the grant of long-term equity-based incentive awards under its Share Compensation Plan. The Company has awarded 2,337,500 restricted share units (RSUs) to employees and executives, and 1,750,000 deferred share units (DSUs) to non-executive directors, both based on the 5-day volume weighted average price on the TSX Venture Exchange.

globenewswire.com

Surge Copper Announces Closing of Strategic Private Placement with African Rainbow Minerals Limited

Vancouver, British Columbia, Sept. 18, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce the closing of its previously announced strategic private placement (the “Strategic Placement”) with African Rainbow Minerals Limited (“ARM”). Under the Strategic Placement, ARM has purchased 25,781,715 common shares at a price of $0.175 per share, for gross proceeds of approximately C$4.5 million. Following the transaction, ARM's ownership in Surge has increased to 19.9%.

globenewswire.com

Surge Copper Provides Corporate and Operational Update

Vancouver, British Columbia, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to provide a corporate update covering ongoing field activities, upcoming investor events, and progress on its previously announced concurrent private placement with a significant strategic investor. Operational Update Surge's 2025 field program at the 100%-owned Berg copper-molybdenum-precious metals project in central British Columbia continues to advance on multiple fronts, supporting the Company's objective of completing a resource update and pre-feasibility study for the project.

globenewswire.com

Surge Copper Announces Commencement of 2025 Field Program at Berg Project

Vancouver, British Columbia, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to provide an update on its 2025 field program, which commenced in mid-July at the Company's 100%-owned Berg copper-molybdenum-precious metals project located in central British Columbia. The program is expected to run through late September, subject to weather conditions and operational factors.

globenewswire.com

Surge Copper Corp. to Present at the OTCQB Venture Virtual Investor Conference August 7th

Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com Company invites individual and institutional investors, as well as advisors and analysts, to attend online at VirtualInvestorConferences.com

globenewswire.com

Surge Copper Announces Closing of $5.9 Million Private Placement and Provides Update on Concurrent Strategic Investment

Vancouver, British Columbia, July 29, 2025 (GLOBE NEWSWIRE) -- Not for distribution to U.S. newswire services or dissemination in the United States

globenewswire.com

Surge Copper Announces Upsize of Private Placement to $10.4 Million

Not for distribution to U.S. newswire services or dissemination in the United States Vancouver, British Columbia, July 09, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that, due to strong investor demand, it has upsized its previously announced non-brokered equity financing (see July 7, 2025 press release) from approximately $6.4 million to up to $10.4 million (the “Offering”). The Offering is fully subscribed, with strong participation from both new and existing investors.

globenewswire.com

Surge Copper Reports Excellent Metallurgical Results Supporting Pre-Feasibility Advancement at Berg Project

Locked cycle tests exceed 90% copper and molybdenum recoveries and confirm clean final products with high separation efficiency Vancouver, British Columbia, June 17, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce results from its recently completed metallurgical testwork program for its 100%-owned Berg Project, located in central British Columbia. The program was designed to support future pre-feasibility level technical studies, confirming the amenability of conventional flotation processes for producing saleable copper and molybdenum concentrates, while advancing understanding of key recovery parameters.

globenewswire.com

Surge Copper Delivers Geotechnical Results Supporting Pit Design and Resource Growth at Berg

PFS-level geotechnical program completed under budget; results support steeper pit walls, lower strip ratio, and highlight resource expansion potential Vancouver, British Columbia, May 08, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to report results from a geotechnical drilling and analysis program completed in 2024 at its 100%-owned Berg Project in central British Columbia. The program, designed to support future open pit mine design studies, included six geotechnical drill holes (BRG24-246 to 251) targeting both the central and outer areas of the deposit.

globenewswire.com

Surge Copper Evaluates Energy-Saving HPGR Technology for Berg Project

Vancouver, British Columbia, April 15, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to highlight results from an industrial energy efficiency study investigating the potential benefits of incorporating high-pressure grinding rolls (“HPGR”) into the comminution circuit at its Berg Project in central British Columbia. The study, conducted by Ausenco Engineering Canada ULC with input and support provided by BC Hydro, evaluates the energy efficiency impacts of an HPGR-based circuit compared to a traditional semi-autogenous grinding (“SAG”) and ball milling configuration.

globenewswire.com

Surge Copper Announces Grant of Equity Incentive Awards and Completion of MacLean East Property Agreement

Vancouver, British Columbia, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) announces the grant of equity-based incentive awards under its Share Compensation Plan. The Company has awarded 4,583,334 restricted share units (RSUs) to employees and executives, and 3,431,372 deferred share units (DSUs) to non-executive directors, both based on the 5-day volume weighted average price on the TSX Venture Exchange.

globenewswire.com

Surge Copper Secures Option to Acquire Key Tenements Adjacent to Berg Project

Acquisition secures all privately owned mineral tenements required for the development of the Berg Project Vancouver, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Surge Copper Corp. (TSXV: SURG ) (OTCQB: SRGXF ) (Frankfurt: G6D2 ) (“Surge” or the “Company”) is pleased to announce that it has entered into a definitive option agreement (the “Option Agreement”) with Raye Resources Inc. and other private counterparties (collectively, the “Vendors”) to acquire a 100% interest in certain mineral claims (the “MacLean East Property”) contiguous with the Berg property. Figure 1. Berg-Huckleberry-Oosta district map.

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