M3 Metals closes Texas Springs sale

Mr. Kosta Tsoutsis reports M3 ANNOUNCES CLOSING ON SALE OF TEXAS SPRINGS M3 Metals Corp. has closed its previously announced agreement to sell the remaining 50-per-cent interest in the Texas Springs claims, by receiving 1.2 million common shares of Surge Battery Metals Inc. By way of background, effective July 26, 2023, the company entered into a mineral property option and joint venture agreement with Surge Battery, an exchange-listed company. The M3 Metals option agreement granted Surge Battery the option to earn up to an 80-per-cent interest in and to (at that time) 253 mineral claims held by M3 Metals that are contiguous with the Surge Battery's Nevada North lithium project. In August, 2024, the company entered into a mineral property option purchase and sale agreement with Surge Battery to dispose the remaining 50-per-cent interest held by the company for 1.2 million common shares of Surge Battery. The M3 Metals purchase agreement, as amended, superseded the M3 Metals option agreement, was subject to exchange approval, and was to terminate if closing of the M3 Metals purchase agreement has not occurred on or before June 30, 2025. This June 30, 2025, date was extended by way of further amendment to the M3 Metals purchase agreement to Aug. 30, 2025. M3 Metals is a Canadian-listed company, focused on creating shareholder value through discoveries and strategic development of mineral properties in North America. We seek Safe Harbor.