Mr. Greg Reimer reports

SURGE BATTERY METALS: PRESIDENT TRUMP SIGNS EXECUTIVE ORDER TO INCREASE AMERICA'S MINERAL PRODUCTION

Surge Battery Metals Inc. is providing its take the executive order issued by U.S. President Donald Trump on March 20, 2025, titled "Immediate Measures to Increase America's Mineral Production."

In the executive order, the President highlighted the past prominence of the U.S. mining industry and the importance of securing a stable and predictable supply of critical minerals, including lithium, which are essential for defence, technology and the burgeoning electric vehicle industry. It also directed federal agencies to expedite approvals for domestic mineral production projects.

The executive order was published on the public registry, and the full text can be found on-line.

Greg Reimer, president and chief executive officer of Surge Battery Metals, commented: "The Nevada North lithium project is poised to play a significant role in securing America's supply of critical minerals, particularly lithium, which is essential for the burgeoning electric vehicle and battery energy storage industry. This executive order underscores the importance of projects like ours in reducing reliance on foreign sources and bolstering national security. We are committed to advancing our project responsibly and sustainably, contributing to the local economy and supporting the nation's clean energy goals."

Surge Battery Metals is committed to advancing the Nevada North lithium project in alignment with the "Unleashing American Energy" initiative, recognizing that the United States possesses vast mineral resources critical to creating jobs, fuelling prosperity and reducing reliance on foreign nations. The project supports the urgent need for a secure, predictable and affordable supply of lithium -- a mineral vital for transportation, infrastructure, defence capabilities and the next generation of technology. By facilitating domestic mineral production to the maximum possible extent, Surge is contributing to America's mineral independence, enhancing national and economic security, and driving the transition to a cleaner, more sustainable future.

The development of the Nevada North lithium project is expected to deliver significant economic benefits, generating nearly 2,000 jobs during construction and approximately 350 full-time positions during operations. Additional opportunities will emerge in local communities through ancillary services such as transportation, maintenance and supplies, reversing the erosion of the nation's mineral production caused by past overbearing federal regulation and strengthening the United States' position as a leader in critical mineral resources.

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, a crucial element for powering the electric vehicles of tomorrow. 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.

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, 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 million tonnes of lithium carbonate equivalent (LCE) grading 2,956 parts per million Li at a 1,250 ppm cut-off.

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