10:06:52 EST Sat 06 Dec 2025
Enter Symbol
or Name
USA
CA



Surge Battery Metals Inc
Symbol NILI
Shares Issued 199,087,177
Close 2025-12-05 C$ 0.71
Market Cap C$ 141,351,896
Recent Sedar Documents

Surge Battery disposition of Nevada North interest

2025-12-05 20:46 ET - Property Agreement

The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length disposition of up to 32.5 per cent of the company's interest in the Nevada North lithium project, pursuant to an amended and restated operating agreement with Evolution Mining Ltd.

Pursuant to the terms of the JV (joint venture) agreement, the company will contribute its rights to the mineral claims comprising the property to a joint venture entity. The JV ownership interests will initially be held 77 per cent by the company and 23 per cent by Evolution. Assuming Evolution satisfies certain financing obligations of the JV up to an amount of $10-million, Evolution may increase its JV ownership interest to up to 32.5 per cent, with the company owning the remaining 67.5-per-cent JV ownership interest.

For further details, please refer to the company's news releases dated Sept. 16, 2025, Nov. 21, 2025, Nov. 27, 2025, and Dec. 2, 2025.

© 2025 Canjex Publishing Ltd. All rights reserved.