15:47:19 EST Tue 25 Jan 2022
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Surge Copper Corp
Symbol SURG
Shares Issued 137,589,317
Close 2021-06-23 C$ 0.395
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Surge Copper appoints Nilsson to board

2021-06-24 06:51 ET - News Release

Dr. Shane Ebert reports


As part of its continuing board renewal initiative, Surge Copper Corp. has appointed Leif Nilsson to the board of directors effective immediately.

Dr. Shane Ebert, president and director, commented: "We are delighted to welcome Leif to the Surge board. Since being recruited to the CEO role earlier this year, he has done an exemplary job in executing on the company's strategy. His strategic leadership and expertise in the mining industry and capital markets will continue to be a huge benefit to the company and the board. Leif's appointment fits with Surge's overall strategy to broaden and strengthen the board's skill sets moving forward."

The company also announces that the board has approved the grant of 2,725,000 options to certain employees, executives, directors and consultants of the company. The options have been granted pursuant to the company's option plan, are subject to vesting provisions, have an exercise price of 42 cents per share and expire five years from the date of grant.

About Surge Copper Corp.

The company owns a 100-per-cent 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 National Instrument 43-101-compliant resources of copper, gold, molybdenum and silver in the measured and indicated categories.

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