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Surge Copper advances Berg Project PFS, secures $4M in second tranche private placement from ARM.

Company Fundamentals
31 Mar 2026
GlobeNewsWire
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Bullish
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Surge Copper Corp. is progressing on the Pre-Feasibility Study (PFS) for its Berg Copper Project, targeting completion in Q2 2026. The study will refine the project's development plan and support regulatory and technical advancement. The company is preparing for a 2026 field program including drilling and environmental studies, alongside ongoing engagement with First Nations and local communities. Additionally, Surge announced a $4 million investment from African Rainbow Minerals as the second tranche of a $20 million private placement, expected to close in about four weeks pending approvals.

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