Surge Copper Corp (SURG) Financings
TSXV: SURG · Copper, Molybdenum, Silver · Advanced Exploration stage
- Market cap$177.2M
- Share price$0.455
- 52-week range$0.200 – $0.920
- Shares outstanding389,507,654
- ExchangeTSXV
- Websitewww.surgecopper.com
Surge Copper Corp. is a Canadian resource company advancing one of British Columbia's emerging copper districts. The Company's 100%-owned Berg Copper Project hosts a large-scale copper-molybdenum-silver deposit in central British Columbia supported by a Pre-Feasibility Study and Mineral Reserve estimate that establish a defined development pathway for a long-life copper project with significant molybdenum, silver, and gold by-product production. In addition to the Berg deposit, Surge controls a large, contiguous mineral claim package that includes multiple advanced porphyry deposits, including the Ox and Seel deposits adjacent to the past-producing Huckleberry Mine. Collectively, the Company's assets position Surge as a potential long-term contributor to Canada's critical minerals strategy through the responsible development of copper, molybdenum, and associated metals. Surge is committed to advancing its projects through early engagement with First Nations and local communities, with a focus on transparent communication, relationship building, and respectful, constructive dialogue.
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Surge Copper Corp financial statements
Key figures read from 40 of 40 financial statement filings, Nov 9, 2016 to Aug 25, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$18,824,919 | C$1,881,003 | C$84,658 | C$2,821,995 | C$7,822,852 |
| Total current assets | C$19,479,769 | C$2,197,405 | C$190,846 | C$2,969,389 | C$8,252,865 |
| Total current liabilities | C$2,614,724 | C$411,356 | C$850,550 | C$1,249,842 | C$1,567,013 |
| Working capital | C$16,865,045 | C$1,786,049 | (C$659,704) | C$1,719,547 | C$6,685,852 |
| Exploration and evaluation assets | C$62,040,363 | C$54,759,893 | C$51,057,481 | C$47,252,540 | C$38,859,786 |
| Property, plant and equipment | C$14,500 | C$18,892 | C$24,711 | C$33,653 | C$45,864 |
| Total assets | C$81,548,193 | C$57,016,874 | C$51,340,844 | C$50,350,510 | C$47,280,565 |
| Total liabilities | C$6,370,724 | C$4,573,728 | C$4,913,184 | C$5,650,209 | C$5,746,046 |
| Shareholders' equity | C$75,177,469 | C$52,443,146 | C$46,427,660 | C$44,700,301 | C$41,534,519 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| General and administrative | C$323,206 | C$201,952 | C$133,693 | C$192,810 | C$211,918 |
| Share-based compensation | C$2,122,067 | C$1,454,906 | C$1,297,014 | C$1,880,735 | C$2,287,802 |
| Net income (loss) | (C$4,565,679) | (C$2,051,401) | (C$1,734,589) | (C$2,112,414) | (C$4,889,505) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Mar 2026 | FY Mar 2025 | FY Mar 2024 | FY Mar 2023 | FY Mar 2022 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$2,360,112) | (C$1,928,967) | (C$849,755) | (C$871,360) | (C$1,562,686) |
| Investing cash flow | (C$7,086,366) | (C$3,560,382) | (C$2,031,832) | (C$8,247,423) | (C$7,835,599) |
| Financing cash flow | C$26,390,394 | C$7,285,694 | C$144,250 | C$4,117,926 | C$13,946,360 |
| Exploration spending (capitalized) | (C$6,784,171) | (C$3,543,099) | (C$2,022,344) | (C$8,114,069) | (C$7,797,459) |
| Property, plant and equipment spending | — | — | — | C$0 | (C$34,270) |
| Proceeds from share issues | C$26,630,106 | C$7,364,661 | C$168,916 | C$4,208,051 | C$15,050,346 |
| Change in cash | C$16,943,916 | (C$1,796,345) | (C$2,737,337) | (C$5,000,857) | C$4,548,075 |
| Cash at end of period | C$18,824,919 | C$1,881,003 | C$84,658 | C$2,821,995 | C$7,822,852 |
No financings are on record for Surge Copper Corp yet.
Surge Copper Corp debt and credit facilities
Convertible debentures and notes, loans, credit facilities, bonds, gold loans and prepayments Surge Copper Corp has announced, read by Mining News Terminal. A debt reported in several releases is listed once, at its latest stage.
| Date | Debt | Lender | Amount | Terms |
|---|---|---|---|---|
| 2014-06-11 | Loan, signed | — | C$1M | 12% |