Core Viewpoint - Surge Copper Corp. is advancing its 2025 field program at the Berg copper-molybdenum-precious metals project, focusing on resource updates and a pre-feasibility study while also engaging in a strategic private placement to raise approximately $4.5 million [1][6][7]. Operational Update - The 2025 field program at the Berg project is progressing with resource drilling nearing completion, totaling approximately 1,500 meters planned [2][3]. - The first geotechnical hole has been completed, which will help characterize ground conditions for proposed infrastructure [3]. - The program includes the first uphill-angle drilling at Berg, with a successful 456-meter hole completed at a 14-degree dip to assess mineralization and acid rock drainage potential [4]. - Additional activities include geophysical surveys, environmental baseline studies, and logistical preparations, contributing to the data needed for the pre-feasibility study [5]. Strategic Investment Update - Surge is conducting a private placement of common shares to a strategic investor, increasing their ownership to 19.9% of the company, expected to raise approximately $4.5 million [6][7]. - The subscription agreement for the private placement has been executed, and regulatory approval processes are underway in South Africa [7]. - The transaction is anticipated to close within approximately four weeks, pending necessary regulatory approvals [7]. Upcoming Investor Events - Surge management will participate in several investor conferences in North America and the UK, including the Precious Metals Summit in Colorado and the Metals Investor Forum in Vancouver [10].