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NILI.V ·

Surge Battery Metals Terminates Option Agreement

Mergers & Acquisitions Property Options & Staking

Surge Battery Metals Inc.

1220 – 789 West Pender Street

Vancouver, BC, Canada V6C 1H2

604- 428-5690

www.surgebatterymetals.com

[email protected]

Surge Battery Metals Terminates Option Agreement

May 11, 2021: Vancouver, BC; Surge Battery Minerals Inc. (the “Company” or “Surge”) (TSXV: NILI,

OTC: NILIF, FRA: DJ5C) announces to it has made the decision to terminate the Option Agreement

entered into with Green River Gold Corp. on the Quesnel Nickel Project.

The Company intends to focus its exploration and business development efforts on other

opportunities.

About Surge Battery Metals Inc. surgebatterymetals.com

The Company is a Canadian-based mineral exploration company which has been active in the

resource sector in British Columbia and elsewhere in Canada.

On Behalf of the Board of Directors

“Greg Reimer”

Greg Reimer, President & CEO

604-428-5690

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 forward‐looking statements which include, but are not limited to, comments that involve future

events and conditions, which are subject to various risks and uncertainties. Except for statements of historical

facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and

security of mineral property titles, availability of funds, and others are forward‐looking. Forward‐looking

statements are not guaranteeing future performance and actual results may vary materially from those

statements. General business conditions are factors that could cause actual results to vary materially from

forward‐looking statements.