Surge Announces Initial JV Funding from Evolution Mining Limited

Core Insights - Surge Battery Metals Inc. has announced that its joint venture, Nevada North Lithium LLC, received an initial funding of CA$3,000,000 from Evolution Mining Limited, increasing Evolution's ownership in the venture to 25.85% [1] - Surge Battery Metals USA Inc. retains a majority ownership interest of 74.15% in the joint venture [1] Company Overview - Surge Battery Metals is a Canadian mineral exploration company focused on securing domestic lithium supply through the Nevada North Lithium Project, which aims to explore high-grade lithium essential for electric vehicle production [2] - The company is listed on the TSX Venture Exchange in Canada and the OTCQX Market in the US, positioning itself as a key player in lithium exploration [2]