Surge Exploration Enters into Formal Definitive Option Agreement to Acquire the Atacama Cobalto Project in the Atacama Region of Chile

Vancouver, BC – December 12, 2018 – Surge Exploration Inc. (the “Company” or “Surge”) (TSXV: SUR, OTCQB:SURJF, FRA: DJ5C) is pleased to announce that further to its news releases dated November 6, 2018 and July 24, 2018, the Company has entered into a formal binding Definitive Agreement (the “Definitive Agreement”) with Compañía Minera del Pacífico S.A. (“CAP Minería”) dated December 7, 2018, for an option to acquire up to 70% of the Atacama Cobalto Project in the prolific Atacama Region in Northern Chile.

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