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SURG.V ·

Surge Copper Announces Appointment of Mark Wheeler as VP Projects

Management Changes

PO Box 10351 888-700 West Georgia Street, Vancouver, BC, Canada, V7Y 1G5

www.surgecopper.com

TSX-V Trading Symbol: SURG

OTCQX: SRGXF

Frankfurt Trading Symbol: G6D2

Telephone: +1 (604) 781-5454

Email: [email protected]

December 20, 2021

NEWS RELEASE

Surge Copper Announces Appointment of Mark Wheeler as VP Projects

December 20, 2021, Vancouver, British Columbia – Surge Copper Corp. (TSXV: SURG)

(OTCQX: SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce the

appointment of Mark Wheeler as Vice President, Projects. Mr. Wheeler will lead the Company’s

various technical studies and environmental permitting efforts as the Company continues to

advance its Ootsa and Berg Properties located in central British Columbia.

Highlights

 Mr. Wheeler is a Professional Mining Engineer with 17 years of diverse experience

spanning operations management, leading PEA and PFS level technical studies, and

playing a lead role in a successful environmental permitting process under the Canadian

Federal Environmental Assessment process, including the social engagement process

with multiple Indigenous Nations

 Relevant operational experience at large mining operations including Teck’s Quebrada

Blanca mine in northern Chile and Barrick’s Williams Mine in Ontario

 Relevant senior corporate experience involving marketing and due diligence processes

for financing and M&A

Leif Nilsson, Chief Executive Officer, commented: “ We are delighted to have Mark join Surge at

this important time for the Company. With multiple critical path project activities planned and

underway, including technical engineering studies, metallurgical testwork, long lead time

environmental data gathering, and stakeholder engagement, Mark’s experience and proven track

record will be a significant asset to Surge.”

Mr. Wheeler is a Professional Mining Engineer with 17 years of experience in operations and

senior project engineering roles. Most recently, Mr. Wheeler spent ten years with Treasury Metals

Inc., where he led multiple technical programs including resource estimates, design inputs and

project management to advance Treasury’s project from a maiden resource to a PFS level of

study, and technical due diligence in support of growth-focused acquisitions. In this role, Mr.

Wheeler also led the start to finish completion of a Canadian Federal EA process including all

Surge Copper Corp. 2

technical aspects, scoping and execution of baseline work, and engagement with multiple

Indigenous Nations. Mr. Wheeler holds a B.Sc. in Mining Engineering from Queen’s University

and an MBA from the Rotman School of Management at the University of Toronto.

The board has approved the grant of 200,000 options to certain employees of the Company. The

options have been granted pursuant to the Company’s stock option plan, and are subject to

vesting provisions, have an exercise price of $0.31 per share, and expire five years from the grant

date.

About Surge Copper Corp.

The Company owns a 100% interest in the Ootsa Property, an advanced stage exploration project

containing the East Seel, West Seel and Ox porphyry deposits located adjacent to the open pit

Huckleberry Copper Mine, owned by Imperial Metals. The Ootsa Property contains pit constrained

NI 43-101 compliant resources of copper, gold, molybdenum, and silver in the Measured and

Indicated categories.

The Company is also earning into a 70% interest in the Berg Property from Centerra Gold. Berg

is a large, advanced stage exploration project located 28 km northwest of the Ootsa deposits.

Berg contains pit constrained 43-101 compliant resources of copper, molybdenum, and silver in

the Measured and Indicated categories. Combined, the adjacent Ootsa and Berg properties give

Surge a dominant land position in the Ootsa-Huckleberry-Berg district and control over four

advanced porphyry deposits.

On Behalf of the Board of Directors

“Leif Nilsson”

Chief Executive Officer

For further information, please contact:

Riley Trimble, Corporate Communications & Development

Telephone: +1 604 416 2978

Email: [email protected]

Twitter: @SurgeCopper

LinkedIn: Surge Copper Corp

https://www.surgecopper.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy

of this release.

This News Release contains forward-looking statements, which relate to future events. In some

cases, you can identify forward-looking statements by terminology such as "will", "may", "should",

"expects", "plans", or "anticipates" or the negative of these terms or other comparable terminology.

All statements included herein, other than statements of historical fact, are forward-looking

statements, including but not limited to the Company’s plans regarding the Berg Property and the

Ootsa Property. These statements are only predictions and involve known and unknown risks,

uncertainties and other factors that may cause the Company’s actual results, level of activity,

performance, or achievements to be materially different from any future results, levels of activity,

performance, or achievements expressed or implied by these forward-looking statements. Such

Surge Copper Corp. 3

uncertainties and risks may include, among others, actual results of the Company's exploration

activities being different than those expected by management, delays in obtaining or failure to

obtain required government or other regulatory approvals, the ability to obtain adequate financing

to conduct its planned exploration programs, inability to procure labour, equipment and supplies

in sufficient quantities and on a timely basis, equipment breakdown, impacts of the current

coronavirus pandemic, and bad weather. While these forward-looking statements, and any

assumptions upon which they are based, are made in good faith, and reflect the Company's

current judgment regarding the direction of its business, actual results will almost always vary,

sometimes materially, from any estimates, predictions, projections, assumptions, or other future

performance suggestions herein. Except as required by applicable law, the Company does not

intend to update any forward-looking statements to conform these statements to actual results.