Surge Copper Announces Grant of Long-Term Equity-Based Incentive Awards

Core Points - Surge Copper Corp. has granted long-term equity-based incentive awards, including 2,337,500 restricted share units (RSUs) to employees and executives, and 1,750,000 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] - Surge Copper Corp. is advancing a critical metals district in British Columbia, owning a large mineral claim package with multiple advanced porphyry deposits [3] - The company holds a 100% interest in the Berg Project, which has a Preliminary Economic Assessment (PEA) indicating an NPV8% of C$2.1 billion and an IRR of 20% based on long-term commodity prices [4] - The Berg deposit contains NI 43-101 compliant resources of copper, molybdenum, silver, and gold [4] - Surge Copper also owns the Ootsa Property, which contains advanced-stage exploration projects with NI 43-101 compliant resources of copper, gold, molybdenum, and silver [5]