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NILI.V ·

Surge Battery Metals Increases the Size of the Nevada North Lithium Project

Mergers & Acquisitions

Surge Battery Metals Inc.

300-1455 Bellevue Avenue

West Vancouver, BC, Canada

V7T 1C3

778-945-2656

www.surgebatterymetals.com

[email protected]

Surge Battery Metals Increases the Size of the Nevada North Lithium

Project

June 21, 2023: West Vancouver, BC; Surge Battery Metals Inc. (the “ Company” or “Surge”) (TSXV:

NILI, OTC: NILIF, FRA: DJ5C) is pleased to announce that the Company has recently increased the size

of the Nevada North Lithium Project (NNLP) by staking and filing an additional 60 lode claims located

to the east of its claim block . The claim holdings now total 303 mineral claims , encompassing

approximately 6060 acres or 2,452 hectares.

Mr. Greg Reimer, Chief Executive Officer, and Director commented “Over the last several months

Surge has completed a strategic expansion of our claim holdings to secure additional land with the

potential for expansion of our lithium clay deposit. The Company is planning to conduct detailed soil

geochemical surveys this summer with the expectation that additional targets may be identified for

follow up drill testing”.

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 al

Instrument 43-101 has reviewed and approved the technical aspects of this news release.

About Surge Battery Metals Inc.

The Company is a Canadian-based mineral exploration company active in the exploration for lithium

in Nevada and for nickel in British Columbia. Our 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 in the Nevada North Lithium Project and the first round of

drilling identified strongly mineralized lithium bearing clays. The average lithium content within all

near surface clay zones intersected in the 2022 drilling program, applying a 1000 ppm cut -off, was

3254 ppm. (Press release March 29, 2023).

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.

2

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", "forecas t", "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 mi neral 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 reliabili ty 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 several assumptions and estimates that, while considered reasonable by the Company,

are inherently subject to significant business, economic, competi tive, 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,

performance, or achievements to be ma terially 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 info rmation 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.