Surge Copper Corp. (SRGXF), Wednesday announced the decision to upsize its previously announced non-brokered equity financing to upto $10.4 million from approximately $6.4 million.
The revised offering now comprises of a LIFE offering of upto 19.2 million shares at $0.175 per share, LIFE charity flow-through offering of upto 9.4 million shares at $0.265 per share, and concurrent private placement of upto 25.8 million shares at $0.175 per share.
The proceeds will be used to fund engineering, environmental, and early-stage permitting activities at the company's flagship Berg Project.
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