Northwire Canada EditionSunday, August 16, 2026
Northwire
ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
Financings

Surge Battery Metals Announces Financing

NILI · Price

Executive Summary

  • Surge Battery Metals Inc. announced a non‑brokered private placement of 1,851,852 units at $0.27 per unit for total gross proceeds of $500,000.
  • Each unit consists of one common share and one warrant exercisable for three years at $0.37 per share.
  • Proceeds will be used for general working capital; closing is subject to TSX Venture Exchange approval.

Key Details

  • Units Offered: 1,851,852 units
  • Price per Unit: $0.27
  • Gross Proceeds: $500,000
  • Unit Composition: 1 common share + 1 share purchase warrant per unit
  • Warrant Terms: Exercisable for three years at $0.37 per share
  • Use of Proceeds: General working capital
  • Closing Condition: Subject to approval by the TSX Venture Exchange
  • Regulatory Notice: Securities not registered under U.S. securities laws; cannot be offered/sold in the United States or to U.S. persons without exemption or registration.

Notable Quotes

(No direct quotes from management were included in the release.)

Read the original news release →

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