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NILI.V ·

Surge Battery Metals Inc. Announces Mr. Braden Jensen as Chief Financial Officer

Management Changes

Surge Battery Metals Inc. Announces Mr.

Braden Jensen as Chief Financial Officer

Vancouver, British Columbia--(Newsfile Corp. - June 30, 2023) -

Surge Battery Metals Inc.

(TSXV:

NILI

) ("NILI" or the "Company")

is pleased to announce that it has engaged Braden Jensen,

C.A., as Chief Financial Officer (CFO), while Robert Guanzon has tendered his resignation as CFO,

effective June 30

th

, 2023.

Mr. Jensen obtained his formal training with KPMG LLP. Before transitioning to the resource industry, he

worked in the public practice sector for 6 years, concentrating in commodities-based accounting and

tax. He was then employed at Wellgreen Platinum Ltd. and was involved in mineral exploration,

construction, and operations reporting, prior to joining Copper Fox Metals Inc. as its Chief Financial

Officer. Mr. Jensen is currently the Chief Financial Officer of District Copper Corp.

The Company would like to thank Mr. Guanzon for his contributions to the Company and wish him the

best with his future endeavours.

To find out more about Surge Battery Metals Inc. please contact Investor Relations at (604) 662-8184 or

email at

[email protected]

.

SURGE BATTERY METALS INC.

"Greg Reimer"

CEO, Director

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 news release 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",

"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, 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, changes in laws, rules and

regulations in Gabon 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 gold/silver and potash or potash related products,

changes in exploration costs and government royalties, export policies or taxes in Gabon 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 the Banio Potash Project may be impacted by

economic uncertainties arising out of Covid-19 pandemic or by the impact of current financial and other

market conditions on its ability to secure further financing or funding of the Banio Potash Project.

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 significant business, economic, competitive, political, environmental

and social risks, contingencies and uncertainties. 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 affections such statements and information other than as required by applicable laws, rules and

regulations

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/172045