Surge Copper Expands Private Placement to $2.2M

Surge Copper Corp (TSE:SURG) has released an update.

Surge Copper Corp. has increased its previously announced non-brokered private placement from $1.6 million to $2.2 million, offering up to 8,966,667 charity flow-through common shares. The funds raised are intended for general exploration expenditures and will qualify as ‘critical mineral flow through mining expenditures.’ The placement, closing by June 21, 2024, may also see the sale of additional non-flow-through shares to strategic investors.

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