Mr. Greg Reimer reports

SURGE BATTERY METALS UPGRADES TO OTCQB VENTURE MARKET

Surge Battery Metals Inc. has received approval to upgrade to the OTCQB Venture Market.

The company commenced trading on the OTCQB Venture Market effective at market open on Aug. 15, 2023, under the symbol NILIF. The company's shares will continue to trade on Canada's TSX Venture Exchange under the symbol NILI.

Greg Reimer, chief executive officer and director, commented: "Listing Surge on the OTCQB provides easier access for U.S. [United States] institutions and retail investors. In addition, the OTCQB listing is anticipated to enhance liquidity and broaden the company's shareholder base."

The OTCQB Venture Market, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial companies in the United States and abroad. Listed companies must be current in their financial reporting and undergo an annual verification and management certification process, including meeting a minimum bid price and other financial conditions. The OTCQB Venture Market is recognized by the United States Securities and Exchange Commission as an established public market providing public information for analysis and value of securities.

About Surge Battery Metals Inc.

The company is a Canadian-based mineral exploration company active in the exploration for lithium in Nevada. The company maintains a focus on exploration for high-value battery metals required for the electric-vehicle market.

We seek Safe Harbor.