Surge Welcomes OEM Lithium Expert to NNL Leadership
Surge Welcomes OEM Lithium Expert to NNL
Leadership
West Vancouver, British Columbia--(Newsfile Corp. - January 7, 2026) - Surge Battery Metals
Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the "Company" or "Surge") is pleased to announce that
Nevada North Lithium LLC (NNL), the joint venture formed by the Surge and Evolution Mining Limited
(Evolution), has strengthened its executive team with the addition of Mr. Steffen Ball as NNL's Vice
President, Commercial Development.
Mr. Ball is an accomplished technical and commercial strategist specializing in critical minerals supply
chains. He comes to NNL directly from senior roles at Nissan North America and Ford Motor Company,
where he spearheaded battery raw material sourcing strategies. His foundational experience in mine-
site operations, process engineering, and startup leadership, combined with his advanced degree in
Geology from the Colorado School of Mines, provides a rare blend of technical credibility and
commercial acumen. Mr. Ball will lead the commercial strategy, leveraging his industry relationships to
unlock the value of NNL's assets and drive them toward production.
Mr. Greg Reimer, Chief Executive Officer and Director of Surge
, commented, "Appointing Steffen
to spearhead NNL's commercial efforts represents a significant step in moving the Nevada North Lithium
Project forward. With his OEM battery sourcing leadership, combined with his technical credentials,
Steffen is perfectly positioned to forge strategic partnerships and accelerate our path to commercial
development."
The company is also granting a total of 500,000 stock options, exercisable for a period of five years, at
an exercise price of 87 cents a share to certain directors, officers, and consultants.
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 the OTCQX Market in the US, Surge Battery Metals Inc. is strategically
positioned as a key player in advancing lithium exploration.
About Evolution Mining Limited
Evolution Mining is a leading, globally relevant gold miner. Evolution operates six mines, comprising five
wholly-owned mines - Cowal in New South Wales, Ernest Henry and Mt Rawdon in Queensland, Mungari
in Western Australia, and Red Lake in Ontario, Canada, and an 80% share in Northparkes in
New South
Wales.
About Nevada North Lithium LLC
Nevada North Lithium LLC owns the Nevada North Lithium Project southeast of Jackpot, Nevada about
73 km north-northeast of Wells, Elko County. The first three rounds of drilling at the project identified a
strongly mineralized zone of lithium bearing clays occupying a strike length of more than 4,300 meters
and a known width of greater than 1500 meters. Highly anomalous soil values and geophysical surveys
suggest there is potential for the clay horizons to be much greater in extent. The Nevada North Lithium
Project has a pit-constrained Inferred Resource containing an estimated 11.24 Mt of Lithium Carbonate
Equivalent (LCE) grading 3010 ppm Li at a 1,250-ppm cutoff. The recently completed PEA reported an
after-tax NPV
8
% US $9.17 Billion and after-tax IRR of 22.8% at $24,000/t LCE and an OPEX of US
$5,243/t LCE. A 2025 infill drill program has been completed, and assay results are pending.
On behalf of the Board of Directors
"Greg Reimer"
Greg Reimer,
Director, President & CEO
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. Forward-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 and Evolution's initial funding 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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