Sep 09, 2019 (TheNewswire.ca via COMTEX) -- (via TheNewswire)
Vancouver, BC - TheNewswire - Sept 9, 2019 - Surge Exploration Inc. ("the Company" or "Surge") (SUR) SURJF, +0.19% (fra:DJ5C) announces that it has recently acquired 100% interest in additional Gold Copper mineral claims adjoining its Trapper Lake Property in Northern British Columbia near the Golden Bear Mine, a 480,000 oz Au past producer, currently owned by Newmont Goldcorp Corporation NEM, -0.15% (NGT). It should be noted that results from nearby and/or adjacent properties are not necessarily indicative or reflective of mineralization that may be hosted on the Company's property.
Subject to the terms and conditions of the resultant Purchase and Sale Agreement dated September 5, 2019, for the new mineral claims, Surge agrees to make a cash payment to the vendor in the amount of $17,400 and issuing 500,000 fully paid and non-assessable common shares in the capital of the Company. The transaction is subject to TSX Venture Exchange ("Exchange") approval.
All shares issued are subject to a four month and a day hold period in accordance with applicable securities laws.
Surge Exploration, Inc. engages in the acquisition, exploration, and development of resource property interests. Its projects include Mineral Mountain Copper Gold Property; Glencore Bucke and Teledyne Cobalt Project; Atacama Cobalto Project; and Incahuasi Lithium Project. The company was founded on June 19, 1987 and is headquartered in Vancouver, Canada.
Vancouver, BC - TheNewswire - Sept 9, 2019 - Surge Exploration Inc. ("the Company" or "Surge") (SUR) SURJF, +0.19% (fra:DJ5C) announces that it has recently acquired 100% interest in additional Gold Copper mineral claims adjoining its Trapper Lake Property in Northern British Columbia near the Golden Bear Mine, a 480,000 oz Au past producer, currently owned by Newmont Goldcorp Corporation NEM, -0.15% (NGT). It should be noted that results from nearby and/or adjacent properties are not necessarily indicative or reflective of mineralization that may be hosted on the Company's property.
Subject to the terms and conditions of the resultant Purchase and Sale Agreement dated September 5, 2019, for the new mineral claims, Surge agrees to make a cash payment to the vendor in the amount of $17,400 and issuing 500,000 fully paid and non-assessable common shares in the capital of the Company. The transaction is subject to TSX Venture Exchange ("Exchange") approval.
All shares issued are subject to a four month and a day hold period in accordance with applicable securities laws.
Surge Exploration, Inc. engages in the acquisition, exploration, and development of resource property interests. Its projects include Mineral Mountain Copper Gold Property; Glencore Bucke and Teledyne Cobalt Project; Atacama Cobalto Project; and Incahuasi Lithium Project. The company was founded on June 19, 1987 and is headquartered in Vancouver, Canada.