Surge Copper Completes Acquisition of 100% Interest in Berg
Pursuant to the Transaction, the December 2020 Option Agreement between Surge and TCM has been terminated.
- Pursuant to the Transaction, the December 2020 Option Agreement between Surge and TCM has been terminated.
- The Common Shares issued pursuant to the Transaction will be subject to a statutory 4-month and a day hold period.
- The Company currently has 222,047,093 issued and outstanding common shares, of which 33,075,383 are held by TCM, representing approximately 15%.
- Immediately prior to closing the Transaction, TCM held 11,854,218 Common Shares, representing approximately 6% of the Company’s issued and outstanding Common Shares.