TSX-V: SURG
OTCQX: SRGXF
Frankfurt: G6D2
VANCOUVER, BC, June 17, 2021 /CNW/ - Surge Copper
Corp. (TSXV: SURG) (OTCQX: SRGXF) (Frankfurt:
G6D2) ("Surge" or the "Company") is pleased to
announce that it has qualified to trade on the OTCQX® Best Market,
a premium public market operated by OTC Markets Group in
the United States, under the
trading symbol "SRGXF". Surge will continue to trade under its
primary listing in Canada on the
TSX Venture Exchange under symbol "SURG" and on the Börse
Frankfurt under symbol "G6D2".
Leif Nilsson, Chief Executive
Officer, commented: "Providing trading quotation of Surge common
shares on the OTCQX Market will improve visibility, access to
information, and trading liquidity for our U.S. based shareholders,
which will aid in our mission of attracting and retaining the very
best long-term oriented shareholders."
The OTCQX® Best Market offers transparent and efficient trading
of established, investor-focused U.S. and global companies. To
qualify for trading on this market, companies must meet high
financial standards, follow best practice corporate governance,
demonstrate compliance with U.S. securities laws, and have a
professional third-party sponsor introduction. The companies found
on OTCQX are distinguished by the integrity of their operations and
diligence with which they convey their qualifications.
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:
Telephone: +1 604 416 2978 or +1 604 558 5847
info@surgecopper.com
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 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.
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SOURCE Surge Copper Corp.