Surge Copper Corp. is pleased to announce that it has completed the previously announced acquisition of a 100% interest in the Berg Property from
Thompson Creek Metals Company Inc. , a wholly-owned subsidiary of
Centerra Gold Inc., for total consideration of 21,221,165 common shares of Surge . 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. No finder's fee or commission was paid in connection with the Transaction. The Company currently has 222,047,093 issued and outstanding common shares, of which 33,075,383 are held by TCM, representing approximately 15%. The Transaction constit...