Surge Battery Metals Inc. (TSXV:NILI) Receives Initial CA$3 Million Funding for Nevada North Lithium Project

2025-12-10, 5:14:18 a.m.

West Vancouver, British Columbia — December 10, 2025 — Leads & Copy — Surge Battery Metals Inc. (TSXV: NILI, OTCQX: NILIF, FSE: DJ5C) announced its joint venture, Nevada North Lithium LLC (NNL), with Evolution Mining Limited, has received CA$3,000,000 in initial funding from Evolution.

According to the terms of NNL’s amended and restated operating agreement, this funding fulfills Evolution’s initial obligation.

As a result, Evolution’s ownership interest in NNL has increased by 2.85% to 25.85%, while Surge Battery Metals USA Inc. retains the remaining 74.15% ownership interest.

Surge Battery Metals Inc., based in Canada, is focused on securing a domestic lithium supply through its involvement in the Nevada North Lithium Project. The project aims to explore for high-grade lithium energy metals in Nevada, USA, which are essential for electric vehicles.

With listings on the TSX Venture Exchange in Canada and the OTCQX Market in the US, Surge Battery Metals Inc. is positioned to advance lithium exploration.

Greg Reimer, Director, President & CEO of Surge Battery Metals Inc.

Contact Information: Email: info@surgebatterymetals.com, Phone: 604-662-8184

Keep up-to-date with Surge Battery Metals on Twitter, Facebook, LinkedIn, Instagram and YouTube.

Source: Surge Battery Metals Inc.

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