West Vancouver, British Columbia--(Newsfile Corp. - February 6, 2026) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that it has entered into two agreements which, under applicable TSX Venture Exchange policies, are considered to be investor relations or related agreements.The Company has entered into a marketing and investor awareness agreement, dated February 2, 2026, with Freedom Financial Research, LLC ("Freedom"), an arm's-length se ...

West Vancouver, British Columbia--(Newsfile Corp. - January 15, 2026) - Surge Battery Metals Inc. (the "Company" or "Surge") (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) is pleased to announce that due to investor demand the Company is increasing its previously announced non-brokered private placement (the "LIFE Offering") of units (the "Offered Units") at a price of $0.90 per Offered Unit pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 and Coordinated Blanket Order 45-935 - Exemptio ...

Core Viewpoint - Surge Battery Metals Inc. is initiating a non-brokered private placement called the LIFE Offering, aiming to raise $15,000,030 through the sale of 16,666,700 Offered Units, which will support the Nevada North Lithium Project and general working capital [1][3]. Group 1: Offering Details - The Offered Units are priced at $0.90 each and consist of one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at $1.35 for three years post-issuance [1]. - The LIFE Offering is expected to close around February 3, 2026, and is subject to TSX Venture Exchange approval [1][4]. - The offering is made under the National Instrument 45-106, allowing participation from Canadian investors outside Quebec, and the securities will not be subject to a statutory hold period [2]. Group 2: Use of Proceeds - Proceeds from the LIFE Offering will be allocated to costs related to the preliminary feasibility study for the Nevada North Lithium Project, a definitive feasibility study, and general working capital [1][3]. Group 3: Company Positioning - Surge Battery Metals is focused on securing domestic lithium supply through its Nevada North Lithium Project, which is essential for electric vehicle production [6]. - The financing is viewed as a strong endorsement of the company's strategy and its project development efforts [3].

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]

Core Viewpoint - Surge Battery Metals Inc. has established a joint venture with Evolution Mining Limited to advance the Nevada North Lithium Project, marking a significant step in lithium asset development in the U.S. [10] Group 1: Joint Venture Agreement - Surge Battery Metals USA Inc. and Evolution Mining Limited have entered into a joint venture agreement to develop the Nevada North Lithium Project [1] - The joint venture will be implemented through Nevada North Lithium, LLC, focusing on completing a Preliminary Feasibility Study (PFS) [2] Group 2: Contributions and Ownership - Surge US has contributed all its mining claims and mineral rights for the NNLP, while Evolution has contributed its 75% mineral interest in an 880-acre private land portion and additional mineral rights in over 21,000 acres [3] - Surge US will initially hold a 77% ownership interest in the joint venture, with Evolution holding 23% [5] - Evolution is obligated to fund up to CAD$10,000,000 for the PFS, with an initial CAD$3,000,000 expected by December 5, 2025 [5] Group 3: Governance and Management - The joint venture will be governed by an Operating Committee, consisting of five appointees, with Surge US appointing three and Evolution appointing two [6] - Surge US will act as the general manager of the NNLP as long as it holds more than a 50% ownership interest [7] Group 4: Strategic Importance - The partnership aims to accelerate the development of one of the most promising lithium assets in the U.S., addressing the growing demand for critical battery metals [10] - Surge Battery Metals is positioned as a key player in securing domestic lithium supply through its engagement in the Nevada North Lithium Project [15]

Core Viewpoint - Arbor Metals Corp. has successfully closed a non-brokered private placement, raising $1,000,000 through the issuance of 5,000,000 units at a price of $0.20 per unit, aimed at funding exploration and development projects in Quebec [1][2]. Group 1: Financial Details - The Offering consists of 5,000,000 units priced at $0.20 each, resulting in gross proceeds of $1,000,000 [1]. - Each unit includes one common share classified as a "flow-through share" and one-half of a share purchase warrant, with each whole warrant exercisable at $0.25 until November 19, 2028 [1]. - The Company issued 500,000 shares and 250,000 Finders' Warrants to an arms-length party for introducing the investor, with Finders' Warrants also exercisable at $0.25 until November 19, 2028 [3]. Group 2: Project Focus - Proceeds from the Offering will be directed towards the Jarnet Lithium Project and the Ernest REE Project, both located in Quebec [2]. - The Jarnet and Corvette Lake lithium projects are contiguous to the Corvette-FCI property, which has confirmed significant lithium mineralization through diamond drilling [5]. - The Kemlee Lake Lithium project is strategically located near Rock Tech Lithium Inc.'s claims and shares geological similarities with the Georgia Lake deposit, targeting spodumene-bearing pegmatites [6]. Group 3: Company Overview - Arbor Metals Corp. is a mining exploration company focused on developing high-value mineral projects globally, emphasizing advanced mineral exploration and quality project management [4].

Core Insights - Brunswick Exploration Inc. has announced positive inaugural drilling results from its Anatacau Main Project in Quebec, revealing multiple large spodumene-bearing pegmatites with rich lithium mineralization [1][3][4] Drilling Results - The drilling campaign included six diamond drill holes totaling 750 meters, with all holes intercepting mineralized pegmatites [15] - Significant intercepts include drill hole AN-25-05, which showed 1.31% Li2O over 120.7 meters, with a true thickness estimated between 65% and 85% [5][9] - High cesium values were also noted, with up to 1.46% Cs2O over 1 meter in some intervals [5][9] Project Potential - The Anatacau Main Project is located along a major deformation corridor similar to the neighboring Galaxy deposit owned by Rio Tinto, which has a resource of 54.3 million tonnes at 1.30% Li2O [3][4] - The company controls over 18 kilometers of this prospective corridor, indicating significant exploration potential [3][4] - The mineralized pegmatite dykes exhibit excellent continuity in mineralogy and grade, with several high-grade zones identified [9] Geological Context - The largest pegmatite outcrop at the Anais showing has been extended to over 170 meters in strike length and remains open in all directions [8] - The host rocks consist of greywacke and amphibolite, with pervasive lithium alteration observed, suggesting significant lithium-bearing fluids along the deformation corridor [10] Future Plans - A maiden resource estimate for the Mirage project is forthcoming, alongside an inaugural drill campaign in Greenland and other growth opportunities [4] - A geometallurgical study is underway, with results expected in early 2026 [11]

Core Insights - LiFT Power Ltd. announced the results of exploration activities at the Cali Lithium Project, indicating significant progress in understanding the project's economic potential [1][21] - The exploration program in 2025 builds on previous work, focusing on systematic channel sampling and mapping to gather data on lithium grades and metallurgical recovery [3][19] Group 1: Project Overview - The Cali Lithium Project is located in the Northwest Territories, Canada, within the Little Nahanni Pegmatite Group, featuring a 13 km long corridor of spodumene pegmatite dykes [2][21] - In 2023, geological mapping and sampling were conducted, identifying a strong spodumene mineralization area of approximately 1 km by 1.5 km [2][10] Group 2: 2025 Exploration Results - A total of 43 rock samples were collected in 2025, with 24 channels cut, yielding 187 one-metre samples, and channel samples were taken from both outcrop and frost-shattered subcrop [9][10] - The 2025 work area showed promising results, with 17 out of 19 channels returning grades above 0.8% Li₂O, including a highlight of 1.9% Li₂O over 21 consecutive metres [10][19] Group 3: New Discoveries - The exploration confirmed six new spodumene-bearing pegmatites in the northwest extension, adding 3 km to the previously defined corridor, with a minimum width of 400 m [12][19] - In the NW-01 area, 23 out of 34 rock samples returned grades above 1.0% Li₂O, with a peak grade of 2.9% Li₂O [13][19] Group 4: Future Plans - The company aims to integrate channeling, metallurgical testing, and extensive prospecting to advance the understanding of the Cali Lithium Project and position it for potential future resource delineation [19][21]

Core Viewpoint - Surge Battery Metals Inc. has successfully closed a non-brokered private placement financing, raising $500,000 through the issuance of 1,851,852 units at a price of $0.27 per unit, which includes common shares and warrants [1][2]. Financing Details - Each unit consists of one common share and one share purchase warrant, with the warrant allowing the purchase of an additional common share at an exercise price of $0.37 until October 15, 2028 [2]. - The private placement proceeds will be allocated for general working capital [3]. Strategic Investment - The sole investor in this private placement is The Quaternary Group Ltd., which now holds approximately 11.3% of the company's outstanding shares on a diluted basis and 5.7% on an undiluted basis, marking them as a significant shareholder [4]. - The investment is viewed as a strong endorsement of the company's projects and growth strategy [4]. Management Commentary - Graham Harris, Chairman, expressed satisfaction with the continued investment from The Quaternary Group, highlighting their long-standing support and confidence in the company's strategy [5]. - Ross Jennings from The Quaternary Group emphasized the strategic importance of Surge Battery Metals in the lithium market, particularly in relation to the Nevada North Lithium Project [5]. Company Overview - Surge Battery Metals is a Canadian mineral exploration company focused on securing domestic lithium supply through the Nevada North Lithium Project, which is crucial for electric vehicle production [6]. - The company is listed on the TSX Venture Exchange and the OTCQX Market, positioning it as a key player in lithium exploration [6]. Nevada North Lithium Project - The Nevada North Lithium Project is located in the Granite Range, with significant drilling results indicating a mineralized zone of lithium-bearing clays over a strike length of more than 4,300 meters [7]. - The project has an inferred resource of approximately 8.65 million tonnes of Lithium Carbonate Equivalent (LCE) with a grade of 2,955 ppm Li [7]. - A recently completed Preliminary Economic Assessment (PEA) reported an after-tax NPV at 8% of $9.17 billion and an after-tax IRR of 22.8% at a lithium price of $24,000 per tonne [7].

Core Viewpoint - Surge Battery Metals Inc. is conducting a non-brokered private placement of 1,851,852 units at a price of $0.27 per unit, aiming to raise gross proceeds of $500,000 to support general working capital [1][2]. Company Overview - Surge Battery Metals is a Canadian mineral exploration company focused on securing domestic lithium supply through its Nevada North Lithium Project, which is essential for electric vehicle production [4]. - 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 and contributing to the sustainable future of the electric vehicle industry [4]. Nevada North Lithium Project - The Nevada North Lithium Project is located in the Granite Range, southeast of Jackpot, Nevada, and has identified a mineralized zone of lithium-bearing clays over a strike length of more than 4,300 meters and a width exceeding 1,500 meters [5]. - The project has an inferred resource of approximately 8.65 million tonnes of Lithium Carbonate Equivalent (LCE) with a grade of 2,951 ppm Li at a cutoff of 1,250 ppm [5].