Surge Battery Metals Announces Appointment of Mr. Graham Harris as Director
Surge Battery Metals Inc.
300-1455 Bellevue Avenue
West Vancouver, BC, Canada
V7T 1C3
778-945-2656
www.surgebatterymetals.com
Surge Battery Metals Announces Appointment
of Mr. Graham Harris as Director
Monday, April 24, 2023: West Vancouver, BC; Surge Battery Metals Inc. (the “Company” or “Surge”)
(TSXV: NILI, OTC: NILIF, FRA: DJ5C) is pleased to announce that Mr. Graham Harris, B.A, has joined
the Board of Directors of the Company.
Mr. Harris was the Founder, Chair and Director of Millennial Lithium Cor p., which was recently
acquired by Lithium Americas (TSX: LAC) for $490M. Mr. Harris has over 40 years’ experience in the
finance industry, including as a senior VP of Canaccord Genuity Corp. (1999 -2004) and as a senior
VP and partner of Yorkton Securities (1989 -1999). He has directly raised over $400 mill ion in
development and venture capital for public and private companies. He was a founder of Cap-Ex Iron
Ore Ltd. and a founding director of M2 Cobalt Corp which was acquired by Jervois Global Ltd. Graham
is currently Senior VP, Capital Markets and a director of Millennial Potash Corp (TSX_V: MLP.).
Greg Reimer, President, and CEO commented “We are delighted that Graham has taken the decision
to join the Board of Surge Battery Metals. In doing so he demonstrates his commitment to assist Surge
in the growth and development of the Company and its flagship asset, the Nevada North Lithium
Project. Graham brings valuable expertise and a track record of the experience necessary for the
Company to take the Nevada North Lithium Project from the current exploration stage through to the
feasibility study stage. We are looking forward to Graham’s contributions to our Board as we
accelerate our exploration and development activities at the Nevada North Lithium Project”.
About Surge Battery Metals Inc.
The Company is a Canadian-based mineral exploration company active in the exploration for lithium
in Nevada whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus
on exploration for high value battery metals required for the electric vehicle (EV) market.
About the Nevada North Lithium Project
The Company owns a 100% interest, without any royalties, in the Nevada North Lithium
Project, consisting of 243 mineral claims, located in the Granite Range southeast of Jackpot, about
73 km north -northeast of Wells, Elko County, Nevada. The first round of drilling, completed in
October 2022, identified a strongly mineralized zone of lithium bearing clays occupying a strike
length of almost 1,620 meters from drillhole NN2205 in the north to drill hole NN2208 in the south.
Widths of the mineralized horizons are not well determined since the holes are mostly on a north -
south alignment, however, widths are at least 400 metres, supported by highly anomalous soil values
indicating potential for the clay horizons to be much greater in extent. The potential for a significant
lithium deposit can be illustrated by the results of drillhole NN2207 which intersected the thickest
intervals of lithium-rich claystone encountered to date; a total of 120.4 metres (395 feet) averaging
3,943 ppm lithium in four zones. Additionally, drillhole NN2208 had the strongest downhole
individual sample of 5,9 50 ppm lithium between 45 and 50 feet (13.72 and 15.24 metres). The
average lithium content within all near surface clay zones intersected in 2022 drilling,
applying a 1000 ppm cut-off, was 3254 ppm.
2
Grant of Stock Options
The Company wishes to announce that it has granted a total of 1,500,000 stock options, exercisable
for a period of five years, at an exercise price of 25 cents a share to certain directors and officers.
Qualified Person as Defined Under National Instrument 43-101
Alan J. Morris, MSc, CPG of Spring Creek, Nevada, a Qualified Person as defined under Nation
Instrument 43-101 has reviewed and approved the technical aspects of this news release.
On behalf of the Board of Directors
“Greg Reimer”
Greg Reimer,
President & CEO
Contact Information
Email: [email protected]
Phone: 778-945-2656
Website: surgebatterymetals.com
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. These forward-looking statements or information may relate to future prices of commodities including
lithium and nickel, the accuracy of mineral or resource exploration activity, reserves or resources, regulatory or
government requirements or approvals including approvals of title and mining rights or licenses and environmental,
local community or indigenous community approvals, the reliability of third party information, continued access to
mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States,
Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial
exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies,
fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export
policies or taxes in the United States or any other jurisdiction and other factors or information. The Company’s current
plans, expectations and intentions with respect to development of its business and of its Nevada properties may be
impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other
market conditions (including US government subsidies or incentives) on its ability to secure further financing or
funding of its Nevada properties . Such statements represent the Company’s current views with respect to future
events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by
the Company, are inherently subject to si gnificant business, economic, competitive, political, environmental
(including endangered species, habitat preservation and water related risks) and social risks, contingencies and
uncertainties. Many factors, both known and unknown, could cause results, p erformance 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.