Mr. Greg Reimer reports
SURGE ANNOUNCES INITIAL JV FUNDING FROM EVOLUTION MINING LIMITED
Nevada North Lithium LLC (NNL), the joint venture formed by subsidiaries of each of Surge Battery Metals Inc. and Evolution Mining Ltd., has received the initial $3-million funding obligation of Evolution pursuant to the terms of NNL's amended and restated operating agreement. Consequently, Evolution's ownership interest in NNL increased by 2.85 per cent to 25.85 per cent with Surge Battery Metals USA Inc. holding the remaining 74.15-per-cent ownership interest.
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 for clean, high-grade lithium energy metals in Nevada, United States, a crucial element for powering electric vehicles. With a primary listing on the TSX Venture Exchange in Canada and the OTCQX Market in the U.S., Surge Battery Metals is strategically positioned as a key player in advancing lithium exploration.
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