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SURG.V ·

Surge Copper Corp. Receives 5 Year Exploration Permit FOR Ootsa and Closes Private Placement

Financings Permits & Approvals

S U R G E

C O P P E R C O R P

PO Box 10351 888 - 700 West Georgia Street Vancouver, BC V7Y 1G5 P: 604-718-5454 F:604-646-2054

SURGE COPPER CORP. RECEIVES 5 YEAR EXPLORATION PERMIT FOR OOTSA

AND CLOSES PRIVATE PLACEMENT

June 7, 2018: Vancouver, British Columbia : Surge Copper Corp. (the “Company”) (SURG: TSX -V) is

pleased to announce it has received a new 5 -year exploration permit of the Ootsa deposit in British

Columbia, and has closed a private placement.

5-Year Exploration Permit Received

The new exploration permit allows the Company to drill an additional 150 holes, build necessary drill access

roads, and conduct additional trenching and geophysical surveying. The permit also allows the Company

to maintain its existing 30-man exploration camp and core facility. Surge Copper plans to drill a minimum

of 3000 metres at Ootsa this summer, testing priority targets around the East and West Seel deposits, with

a few holes targeting deposit expansion. The Company also plans to conduct surface exploration programs

at multiple copper, gold, and silver exploration targets on the Ootsa Property.

Non-Brokered Private Placement Completed

The Company is pleased to announce it has closed the non-brokered private placement announced on May

29, 2018, consisting of 400,000 units (“Units”) at a price of $0.12 per Unit raising gross proceeds of $48,000.

Each Unit is comprised of one common share of the Company and one -half of one non -transferable

common share purchase warrant (“Warrant”). Each whole warrant entitles the holder thereof to purchase

one common share of the Company, for 24 months, at an exercise price of $0.15 per share after the closing

date of the private placement.

The proceeds of the private placement will be used for the purpose of carrying out the exploration programs

on the Company’s British Columbia property and for general working capital.

All securities issued in conjunction with this private placement are subject to a hold period expiring four

months plus a day after the date of their issuance.

ON BEHALF OF THE BOARD OF DIRECTORS

“Shane Ebert”

President & CEO

For Further information, please contact:

Telephone: 604-718-5454

Toll Free: 888-500-4587

Email: [email protected]

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.

Safe Harbor Statement: The Company relies upon litigation protection for “forward-looking statements.” The Company undertakes

no obligation to update these forward- looking statements in the managements beliefs, estimates obligations or other factors should

change.