Surge Battery arranges $500,000 private placement

Mr. Greg Reimer reports SURGE BATTERY METALS ANNOUNCES FINANCING Surge Battery Metals Inc. will be conducting a non-brokered private placement of 1,851,852 units at a price of 27 cents per unit, for gross proceeds of $500,000. Each unit will consist of one common share and one share purchase warrant, with each warrant being exercisable for a period of three years at a price of 37 cents per share. Proceeds of the private placement will be used for general working capital. The closing of the private placement is subject to receipt of the approval of the TSX Venture Exchange. About Surge Battery Metals Inc. Surge Battery Metals, a Canadian-based mineral exploration company, is at the forefront of securing the supply of domestic lithium through its active engagement in the Nevada North lithium project. The project focuses on exploring clean, high-grade lithium energy metals in Nevada, United States, a crucial element for powering the electric vehicles of tomorrow. With a primary listing on the TSX Venture Exchange in Canada and the OTCQX Market in the United States, Surge Battery Metals is strategically positioned as a key player in advancing lithium exploration, contributing significantly to the sustainable future of the electric vehicle industry. At Surge Battery Metals, the company is not just exploring minerals; it is pioneering the path to a cleaner and more sustainable future, driving innovation in the lithium sector, and contributing to the evolution of the electric vehicle industry. About the Nevada North lithium project The company owns the Nevada North lithium project located in the Granite Range southeast of Jackpot, Nev., about 73 kilometres north-northeast of Wells, Elko county, Nevada. The first three rounds of drilling on the project, completed in 2022, 2023 and 2024, identified a strongly mineralized zone of lithium-bearing clays occupying a strike length of more than 4,300 metres and a known width of greater than 1,500 metres. Highly anomalous soil values and geophysical surveys suggest there is potential for the clay horizons to be much greater in extent, while wide drill spacing allows for significant upside to occur during infill drilling. The Nevada North lithium project has a pit-constrained inferred resource containing an estimated 8.65 Mt (million tonnes) of lithium carbonate equivalent (LCE) grading 2,951 parts per million Li (lithium) at a 1,250 ppm (parts per million) cut-off. We seek Safe Harbor.