Surge Copper Announces Nomination of Richard Colterjohn and John Dorward to the Board of Directors
PO Box 10351 888-700 West Georgia Street, Vancouver, BC, Canada, V7Y 1G5
www.surgecopper.com
TSX-V: SURG
OTCQX: SRGXF
Frankfurt: G6D2
Telephone: +1 (604) 781-5454
Email: [email protected]
July 28, 2021
NEWS RELEASE
Surge Copper Announces Nomination of Richard Colterjohn and John Dorward to the
Board of Directors
July 28, 2021, Vancouver, British Columbia – Surge Copper Corp. (TSXV: SURG) (OTCQX:
SRGXF) (Frankfurt: G6D2) (“Surge” or the “Company”) is pleased to announce that as part
of its ongoing board renewal initiative, the Board of Directors has approved the nomination of
Richard Colterjohn and John Dorward to be elected to the Board of Directors at the upcoming
Annual General Meeting of shareholders on September 22, 2021.
Leif Nilsson, CEO and Director, commented: “ We are delighted to be nominating Richard and
John to join the board of Surge. I have personally worked with both individuals in prior roles and
know them to be among the most astute professionals in the industry who will bring highly relevant
experience and expertise to the board of Surge. I look forward to their contributions and guidance
as we continue to build the Company.”
Richard Colterjohn has served as Managing Partner of Glencoban Capital Management Inc., a
merchant banking firm, since 2002. He has over 25 years of involvement in the mining sector, as
an investment banker, director, and operator. Prior to co-founding Glencoban Capital, he served
as a Managing Director at UBS Bunting Warburg from 1992 to 2002, where he was Head of
Mining Sector investment banking activities in Canada. In 2004, he founded Centenario Copper
Corporation and served as the President and CEO and a director until the sale of the company in
2009. Mr. Colterjohn has served on the boards of nine additional publicly traded mining
companies, including: Canico Resource Corp., Cumberland Resources Ltd., Viceroy Exploration
Ltd., Explorator Resources Ltd., AuRico Gold Inc., Aurico Metals Inc., Mag Silver Corp., Harte
Gold Corp., and Roxgold Inc. Mr. Colterjohn holds a B.Comm. from the University of Toronto, an
MBA from IMD, and is an Accredited Director.
John Dorward has over 25 years of experience in the mining and finance industries. Mr. Dorward
most recently served as President, CEO, and Director of Roxgold Inc., leading the business for
over eight years from the early resource stage, through mine commissioning, five years of
production growth, and several major finance and asset acquisition transactions, culminating in
its acquisition by Fortuna Silver Mines Inc. Prior to Roxgold, Mr. Dorward held senior business
development and finance roles at Fronteer Gold Inc., Mineral Deposits Limited, Leviathan
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Resources Limited, and MPI Mines Limited. Mr. Dorward is currently a non-executive chair on the
board of directors of Contact Gold Corp.
Patrick Bell and Kinder Deo have decided not to stand for re-election at the conclusion of their
current terms but will be continuing to serve as advisors to Surge.
Further information regarding the nominees will be provided in the management information
circular which will be provided to shareholders in advance of the Annual General Meeting.
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”
CEO and Director
For Further information, please contact:
Telephone: +1 604 416 2978 or +1 604 558 5847
http://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 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
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
Surge Copper Corp. 3
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.