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NILI.V ·

Surge Effects Consolidation

Corporate Actions

Suite 1220 ‐ 789 W Pender Street

Vancouver, BC V6C 1H2

Telephone: (778) 945‐2656

NEWS RELEASE

Surge Effects Consolidation

Vancouver, BC – May 21, 2020 – Surge Exploration Inc. (“the Company” or “Surge”) (TSXV: SUR,

OTC: SURJF, FRA: DJ5C) announces that further to its news release of May 7, 2020, the Company

has now received all necessary approvals for its previously announced consolidation of its

common shares on a 10:1 basis.. The effective date for the consolidation will be Monday, May

25, 2020.

Surge’s common shares will begin trading on the TSX Venture Exchange at market open on May

25, 2020 under the symbol “SUR” on a post‐consolidated basis.

About Surge Exploration Inc.

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

resource sector in British Columbia and elsewhere in Canada.

Vancouver Island Caledonia (Poly Metallic) Project, British Columbia

Surge Exploration Inc. has entered into a Property Option Agreement to acquire a 100% interest

in seven (7) mineral claims known as the Caledonia, Cascade and Bluebell, subject to a NSR

between 1‐2%. Located in the Nanaimo Mining District of northern Vancouver Island, the claims

are adjacent to the joint venture partnership between Freeport-McMoRan and Northisle

Copper and Gold Inc. Under the terms of this joint venture partnership agreement, Freeport-

McMoRan can earn up to a 65% with C$24 million in exploration expenditures over seven

years. Freeport-McMoRan is currently one of the world’s largest copper producers.

On Behalf of the Board of Directors

“Rick Wilson”

Richard Wilson

President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture 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 th at 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 no t 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 m