Off-market insider buying at Surge Copper (SURG)

Off-market insider buying at Surge Copper (V:SURG)

Updated Friday Oct 30, 2020 03:18 AM EDT
Patrick L. Glazier, a Director, acquired 1,877,273 Common Shares on a direct ownership basis at a price of $0.110 through a private transaction on October 28th, 2020. The insider also acquired 1,877,273 Warrants with an exercise price of $0.170 for 3 years. This represents a $206,500 investment into the company's shares and an account share holdings change of 33.9%.

Two other insiders also participated in the deal in smaller amounts. 

Surge Copper is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.

Surge Copper Corp, formerly Gold Reach Resources Ltd, is Canada-based mining company. The Company operates in one reportable operating segment, being the acquisition, exploration and development of mineral properties in British Columbia, Canada. The Company owns the Ootsa Project, which is located approximately 100 kilometers south of the town of Houston, British Columbia, and is located on the south side of Tahtsa Reach. The Ootsa Project is adjacent to the Huckleberry Mine and Mill Complex owned by Imperial Metals Corporation. The Ootsa Project explores for copper, gold, silver and molybdenum. The Ootsa Project is comprised of more than 100 mineral claims totaling approximately 72,000 hectares.


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