Surge Battery Metals Inc

TSXV:NILICanadaView on OTCQX International

Oct 31, 2024

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• Surge Announces Extension to Property Purchase Agreement Announced on August 22, 2024 and Sale of Nickel Property, from 8:02AM ET on Thursday Oct 31, 2024 by Dow Jones

  8:02AM ET on Thursday Oct 31, 2024 by Dow Jones
  Companies Mentioned: NILI
  
  West Vancouver, British Columbia--(Newsfile Corp. - October 31, 2024) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5C) (the "Company" or "Surge") reports that on August 22, 2024, the Company announced that the Company and M3 Metals Corp. ("M3M") had entered into a property purchase and sale agreement (the "Purchase Agreement") whereby M3M, in consideration of the issuance to M3M of a total of 1,200,000 common shares of the Company, would sell to the Company all of its right, title and interest in and to the Texas Springs Properties (the "Properties") in the area of the Company's Nevada North Lithium Project. The Properties, which the Company and M3M each own fifty (50%) percent of, were the subject of a mineral property option agreement (the "Option Agreement") dated effective July 26, 2023. The Option Agreement, and all rights and obligations under it, are terminated by the Purchase Agreement.