Surge Copper Announces Grant of Equity Incentive Awards and Completion of MacLean East Property Agreement

Core Points - Surge Copper Corp. has granted equity-based incentive awards under its Share Compensation Plan, awarding 4,583,334 restricted share units (RSUs) to employees and executives, and 3,431,372 deferred share units (DSUs) to non-executive directors [1][2] - The RSUs will vest in equal annual installments over three years, while the DSUs will vest upon the holder's departure from the Company [2] - The Company has received TSX Venture Exchange approval for the MacLean East Property option agreement, capping the maximum number of Surge shares issuable at 18,722,222 [3] Company Overview - Surge Copper Corp. is advancing a critical metals district in British Columbia, owning a large mineral claim package with multiple advanced porphyry deposits containing copper, molybdenum, gold, and silver [4] - The Company holds a 100% interest in the Berg Project, which has a maiden Preliminary Economic Assessment (PEA) highlighting an NPV8% of C$2.1 billion and an IRR of 20% based on long-term commodity prices [5] - Surge also owns a 100% interest in the Ootsa Property, an advanced-stage exploration project with compliant resources of copper, gold, molybdenum, and silver [6]