NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES
LAW.

VANCOUVER, British Columbia, Oct. 02, 2020 (GLOBE NEWSWIRE) — Surge Copper Corp. (the “Company” or “Surge Copper”) (TSX-V:SURG) has amended the terms of the financing announced on September 29,
2020.