Surge Announces New Corporate Advisor: NYSE Member Firm Wellington Shields & Co. Llc

Suite 1220 ‐ 789 W Pender Street

Vancouver, BC V6C 1H2

Telephone: (778) 945‐2656

NEWS RELEASE

SURGE ANNOUNCES NEW CORPORATE

ADVISOR: NYSE MEMBER FIRM WELLINGTON

SHIELDS & CO. LLC

Vancouver, BC – September 21, 2018 – Surge Exploration Inc. (“the Company” or “Surge”)

(TSX‐V: SUR, OTC: SURJF, FRA: DJ5C) is pleased to announce that it has entered into a

Corporate Advisory Agreement with Wellington Shields & Co. LLC (“Wellington Shields” or

“WS&Co.”) effective September 20, 2018.

Wellington Shields has been retained by the Company to assist with the development of its

US corporate strategy and its various investor marketing materials, the selection of future

Surge board members, the structure of future US private placements, (including due

diligence processes and investor verification services) and to assist Surge with an overall

uplisting strategy to the NYSE or NASDAQ.

Mr. Tim Fernback, President & CEO of Surge, states “Having a well‐respected and trusted

corporate advisor closely working with us as we grow our company is essential to unlocking

long term shareholder benefit. Wellington Shields has successfully helped many companies

such as ours and we look forward to working with their team of professionals as we grow.”

The origins of Wellington Shields as a New York‐based financial services firm date back to

1925. Wellington Shields currently manages Morningstar investment funds and operates six

regional offices throughout the US. They are a specialist in the middle market, providing

corporate finance, research and valuation services to its corporate clients.

Mr. Edward Cabrera, WS&Co. Head of Investment Banking adds “Surge Exploration is a great

example of rapidly growing company looking to contribute to the green energy industry/

electric vehicle market with its world class cobalt exploration properties. We believe that

with the right guidance and support, Surge could be a significant player in this market.”

About Wellington Shields & Co.

Wellington Shields is a registered full‐service broker dealer and long standing member of

the New York Stock Exchange (“NYSE”). The origins of Wellington Shields & Co. LLC date

back to 1925. We are a full‐service financial firm providing comprehensive financial advice

and superior service to the individual and institutional investor. Wellington Shields & Co.

LLC, headquartered in New York, serves clients through a network of professionals in

offices throughout the East Coast of the United States. We are members of the NYSE,

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National Association of Securities Dealers (“NASD”), Financial Industry Regulatory

Authority (“FINRA”), and the Securities Investor Protection Corporation (“SIPC”).

Wellington Shields has a corporate focus on wealth preservation, minimizing taxes, and

providing superior service and their core services include investment advisory, investment

banking, brokerage, mutual funds, research, and insurance.

About Surge Exploration Inc. https://surgeexploration.com/

The Company is a Canadian‐based mineral exploration company which has been active in the

resource sector in British Columbia and elsewhere in Canada. The Company has an exploration office

in Santiago, Chile to review mineral exploration opportunities in Chile and elsewhere in South

America.

Cobalt Ontario Properties

The Company has an option to earn an undivided 60% interest in the Glencore Bucke Property and

the Teledyne Property, located in Cobalt Ontario.

Atacama Cobalto Project:

The Atacama Cobalto Project is located in the Atacama Province in northern Chile, 15 km northwest

of the town of Copiapó, where mining is the largest economic activity, and the mining industry is one

of the region’s major employers. The Atacama Cobalto Project consists of 1,059 hectares and is

located only 3 km East of the Cerro Iman Mine. To date, CAP Minería has drilled over 20,250 m on

the Atacama Coblato Project. The option on this project is subject to TSXV approval.

Hedge Hog Property, British Columbia

The Company has an option to earn an undivided 60% interest seven mineral tenure covering 2,418

hectares (5,972 acres) located approximately 80 km northeast of the town of Quesnel, BC and 20 km

north of the historic gold mining towns of Wells and Barkerville.

On Behalf of the Board of Directors

“Tim Fernback”

Tim Fernback

President & CEO

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.

This news release may contain forward‐looking statements which include, but are not limited to, comments that involve future events and

conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource

potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others

are forward‐looking. Forward‐looking statements are not guarantees of future performance and actual results may vary materially from those

statements. General business conditions are factors that could cause actual results to vary materially from forward‐looking statements.