Mr. Greg Reimer reports

SURGE ANNOUNCES 99.95% BATTERY-GRADE LITHIUM CARBONATE FROM NEVADA NORTH

Nevada North Lithium LLC, the joint venture formed by Surge Battery Metals Inc. and Evolution Mining Ltd., has refined lithium carbonate produced from NNL ore to a battery-grade product reported at 99.95 per cent Li2CO3.

Kemetco Research Inc. produced a crude lithium carbonate assaying 99 per cent Li2CO3 directly from the NNLP master composite through beneficiation, sulphuric acid leaching, solution purification and carbonate precipitation, as part of the metallurgical program supporting the project's prefeasibility study. A portion of that carbonate was then refined by Chemshift Technologies Inc. of Calgary, Alta., to a battery-grade product reported at 99.95 per cent Li2CO3. Together, the two programs demonstrate a continuous flow sheet from run-of-mine ore to a refined battery-grade product using conventional unit operations and reducing technical risk as the project advances toward completion of the PFS.

Highlights:

• Battery-grade product achieved: Crude lithium carbonate produced from Nevada North clays was refined to a product reported at 99.95 per cent Li2CO3.
• Complete flow sheet demonstrated: Kemetco produced a 99-per-cent-Li2CO3 product directly from the NNLP master composite through beneficiation, leaching, impurity removal and carbonate precipitation. The subsequent refining step on the same material demonstrated that battery-grade material can be produced from project clays using conventional unit operations.
• Strong lithium extraction: Sulphuric acid leaching of beneficiated project material achieved lithium extractions exceeding 93 per cent at an acid addition of 475 kilograms per tonne of beneficiated feed, increasing to approximately 98 per cent at a higher acid addition. Leach kinetics were rapid, with leaching complete within one hour of reaching the 90 C target temperature.
• Effective beneficiation: Mild attrition followed by screening recovered 98.9 per cent of the lithium into the fine (minus 20 micrometres) fraction while rejecting approximately 75 per cent of the acid consuming carbonate, confirming the material's amenability to beneficiation ahead of the leach circuit.

Greg Reimer, president, chief executive officer and director of Surge, commented: "Producing battery-grade lithium carbonate from Nevada North ore is a significant step for the project. We have now demonstrated the full chain -- from sedimentary clay in the ground, through a conventional leach and purification circuit, to a refined product that meets battery-grade specifications. That outcome supports the flow sheet our engineers have been developing through the prefeasibility study. Our focus now turns to pilot-scale work, where we will test recovery, consistency, reagent consumption and energy performance under continuous operating conditions."

The company also announces it has entered into a marketing service agreement dated Sept. 14, 2026, with Outside The Box Capital Inc., an Ontario-based marketing firm with an office in Oakville, Ont. OTBC will assist the company with marketing strategy, social media engagement, the distribution of company-approved information through on-line platforms, and the production of influencer, question-and-answer and corporate-highlight videos. The engagement commenced on Sept. 14, 2026, and has a term of 12 months, divided into two six-month periods. Either party may terminate the agreement during the initial six-month period upon 30 days notice, and, if the agreement is not terminated in the initial six-month period, then the agreement will continue for the subsequent six-month period. The company will pay OTBC $250,000 (U.S.) plus applicable taxes for each six-month period (aggregate cash payments of $500,000 (U.S.) for the full 12-month term of the agreement), with the payments funded from the company's working capital. Subject to the approval of the TSX Venture Exchange and the company's equity incentive plan, the company has also granted OTBC 700,000 stock options, each exercisable at $1.02 per common share for a period of five years. The options will vest in equal quarterly instalments over 12 months in accordance with applicable TSX Venture Exchange requirements, and any unvested options will be cancelled if the agreement is terminated for any reason. OTBC is owned and controlled by Jason Coles, is arm's length to the company, and, together with its principals, does not currently own any securities of the company other than the options described above, and has no other present right or intention to acquire an interest in the company. The agreement remains subject to the approval of the TSX Venture Exchange.

The company wishes to correct its news releases dated July 8, 2026, and Sept. 10, 2026, which stated that stock options were granted to certain directors, officers and consultants of the company. The options were granted solely to consultants of the company, and no options were granted to any directors or officers. All other terms of the option grants and the previous news releases remain unchanged.

Qualified person as defined under National Instrument 43-101

Alan J. Morris, MSc, CPG of Spring Creek, Nev., geological adviser to the company, a qualified person as defined under National Instrument 43-101, has reviewed and approved the technical aspects of this news release. Mr. Morris has relied on the reports and data provided by Kemetco and Chemshift with respect to the metallurgical and analytical results disclosed.

About Surge Battery Metals Inc.

Surge Battery is a mineral exploration company 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 electric vehicles. With a primary listing on the TSX Venture Exchange and the OTCQX market in the United States, Surge Battery is strategically positioned as a key player in advancing lithium exploration.

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