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Surge Copper Announces Berg Project Acceptance into BC Critical Minerals Office

Corporate Updates

Surge Copper Corp.

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

www.surgecopper.com

TSX-V: SURG

OTCQB: SRGXF

FRA: G6D2

Telephone: +1 (604) 781-5454

Email: [email protected]

February 20, 2026

NEWS RELEASE

Surge Copper Announces Berg Project Acceptance into BC Critical Minerals Office

February 20, 2026 – Vancouver, British Columbia – 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”).

The Berg Project aligns with both national critical minerals objectives and the recently

announced Western Canadian Critical Minerals Strategy, positioning the project within

provincial and federal priorities to strengthen secure, responsibly produced mineral supply

chains. If developed as envisioned, Berg's projected output of critical minerals, including

copper and molybdenum, would rank among the largest in Canada, reinforcing its strategic

importance to British Columbia’s long-term economic and industrial objectives.

Through the Critical Minerals Office, the Province provides coordinated support across

ministries and agencies to help advance priority projects through the regulatory process in

a clear, predictable, and efficient manner. Inclusion in the CMO portfolio reflects the

Province’s recognition of Berg’s potential contribution to British Columbia’s critical

minerals strategy.

Minister of Mining and Critical Minerals of British Columbia, Jagrup Brar:

“We are pleased to welcome Surge Copper into the BC Critical Minerals Office. Partnerships

like this are central to our government's commitment to responsibly advancing critical

mineral development in British Columbia. The Berg Project represents a significant

opportunity to strengthen our province's role in supplying the minerals that are essential to

clean energy, economic resilience, and global supply chain security. We look forward to

Surge Copper Corp.

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working closely with Surge Copper as the project advances through the regulatory process

and contributes to sustainable economic growth for communities across the province."

Minister of Jobs and Economic Growth of British Columbia, Ravi Kahlon:

"Critical minerals are a key priority under the Province's Look West industrial and economic

plan. We welcome Surge Copper to the Critical Minerals Office portfolio as they work to

advance the Berg Project and bring one of Canada's largest undeveloped copper deposits

into production. Projects like this are engines for investment and job creation across B.C."

Jennifer Anthony, Surge’s Vice President Environment and Regulatory Affairs, commented

“Inclusion in the Critical Minerals Office is an important milestone for the Berg Project.

Coordinated engagement across provincial agencies, together with our ongoing

collaboration with First Nations partners, is foundational to advancing large-scale projects

responsibly and efficiently. We appreciate the Province’s support and look forward to

working closely with the CMO as we continue to move Berg forward through the regulatory

process.”

About Surge Copper Corp.

Surge Copper Corp. is a Canadian resource company advancing one of British Columbia’s

emerging copper districts. The Company’s 100%-owned Berg Project hosts a large-scale

copper-molybdenum-silver deposit in central British Columbia with a projected mine life

exceeding 30 years. A 2023 Preliminary Economic Assessment outlined a long-life project

producing copper as a primary metal, with molybdenum, silver, and gold by-products. Surge

is currently advancing a Pre-Feasibility Study to further define the project’s technical and

economic parameters.

Surge works closely with local First Nations in advancing its projects through early

engagement, transparent communication, and prior and informed consent.

In addition to Berg, Surge controls a large, contiguous mineral claim package that includes

multiple advanced porphyry deposits, including the Ootsa Property adjacent to the past-

producing Huckleberry Mine. Collectively, the Company’s assets position Surge as a

potential long-term contributor to Canada’s critical minerals strategy through the

responsible development of copper, molybdenum, and associated metals.

For more information, visit www.surgecopper.com

On Behalf of the Board of Directors

“Leif Nilsson”

Surge Copper Corp.

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Chief Executive Officer

For Further information, please contact:

Riley Trimble, Corporate Communications & Development

Telephone: +1 604 639 3852

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) accepts 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 statements regarding the

Company’s plans for advancement of the Berg Project and the Ootsa Property, the

anticipated role of the Critical Minerals Office in supporting project advancement, future

exploration and technical programs, the anticipated completion and results of the Pre-

Feasibility Study, environmental assessment and permitting activities, engagement with

Indigenous Nations, and the potential scale and production profile of the Berg Project. 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 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, 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.