Surge Battery Metals Announces Application to List on NASDAQ Capital Markets
Surge Battery Metals Announces Application
to List on NASDAQ Capital Markets
West Vancouver, British Columbia--(Newsfile Corp. - May 6, 2026) - Surge Battery Metals Inc. (TSXV:
NILI) (OTCQX: NILIF) (FSE: DJ5) (the "
Company
" or "
Surge
") is pleased to announce that it has
submitted an initial application to list its common shares on the Nasdaq Capital Market (the "Nasdaq").
The proposed Nasdaq listing is intended to support Surge's longer-term capital markets strategy by
increasing its visibility with U.S. institutional and retail investors, broadening its potential shareholder
base, and enhancing trading liquidity over time. The Company believes that a U.S. exchange listing, if
completed, would complement its existing listing on the TSX Venture Exchange and position Surge to
access deeper and more diversified capital markets as it continues to advance its development
objectives.
"This application reflects an important step in positioning Surge for a potential transition to a more senior
U.S. exchange," said Graham Harris, Chairman of Surge. "With approximately C$30 million in treasury,
a fully funded pre-feasibility study, and a high-quality lithium asset, we believe the Company is well
positioned to continue executing its strategy and, broaden its capital markets profile."
As part of this strategy and in anticipation of a potential U.S. exchange listing, Surge has filed a notice of
intention to be qualified to file a short-form prospectus under National Instrument 44-101 - Short Form
Prospectus Distributions ("NI 44-101"). If eligible, the Company expects to consider relying on the Multi-
Jurisdictional Disclosure System ("MJDS") as a pathway to satisfy applicable U.S. registration
requirements. MJDS is an established cross-border disclosure framework that allows eligible Canadian
issuers to access the U.S. public markets by using disclosure documents prepared largely in
accordance with Canadian securities law requirements, including a short-form prospectus and related
disclosure, with a U.S. registration statement generally incorporating or otherwise relying on the issuer's
Canadian disclosure record and/or Canadian prospectus disclosure. Any potential reliance on MJDS
would remain subject to the Company meeting MJDS eligibility criteria, the review (if any) and
effectiveness of any U.S. registration statement, and receipt of all necessary Canadian and U.S.
regulatory and exchange approvals.
The proposed listing of the Company's common shares on Nasdaq remains subject to satisfaction of
Nasdaq's initial listing requirements, receipt of all required regulatory approvals, and completion of
customary listing processes. There can be no assurance that the Company's application will be
approved or that a Nasdaq listing will be completed.
About Surge Battery Metals Inc.
Surge Battery Metals Inc., 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 development of high-grade lithium energy metals in Nevada, USA, a crucial element
for powering battery electric storage and electric vehicles. With a primary listing on the TSX Venture
Exchange in Canada and a listing on the OTCQX Market in the USA, Surge Battery Metals Inc. is
strategically positioned as a key player in advancing lithium exploration.
On behalf of the Board of Directors
"Graham Harris"
Graham Harris,
Chairman of the Board
Contact Information
Email :
Phone : 604-662-8184
Website:
surgebatterymetals.com
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Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
This document may contain certain "Forward-Looking Statements" within the meaning of the United
States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When
used in this news release, the words "anticipate", "believe", "estimate", "expect", "target, "plan" or
"planned", "possible", "potential", "forecast", "intend", "may", "schedule" and similar words or
expressions identify forward-looking statements or information. Forwards-looking statements herein,
include statements related to the conditional financing, the JV, including the terms, management and
governance thereof, successfully negotiating and entering into the JVA, Evolution's initial funding of the
JV and the map of mineral rights/claims of the JV.
Such statements represent the Company's current
views with respect to future events and are necessarily based upon several assumptions and estimates
that, while considered reasonable by the Company, are inherently subject to significant business,
economic, competitive, political, environmental (including endangered species, habitat preservation and
water related risks) and social risks, contingencies, and uncertainties, including risks related to the
ability of the Company to complete the conditional financing, the ability of the Company and Evolution to
finalizing the JVA (and any other definitive agreements) on the terms currently contemplated or at all,
Evolution's satisfaction of its funding obligation and obtaining requisite approvals. Many factors, both
known and unknown, could cause results, performance, or achievements to be materially different from
the results, performance or achievements that are or may be expressed or implied by such forward-
looking statements. The Company does not intend, and does not assume any obligation, to update these
forward-looking statements or information to reflect changes in assumptions or changes in
circumstances or any other events affecting such statements and information other than as required by
applicable laws, rules, and regulations.
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https://www.newsfilecorp.com/release/296182