NILI:CC - Surge Battery Metals Engages Plutus Bridge Capital to Provide Public Relations Services
(TheNewswire)
Coquitlam, BC - TheNewswire - January 25, 2023 - Surge BatteryMetals Inc. (the “Company” or “Surge”) (TSXV:NILI ) ( OTC:NILIF ) ( FRA:DJ5C) , announces that Surge has engaged the services of Plutus Bridge Capital LLC (“PlutusBridge”) to provide public relations servicesPlutus Bridge is a Vancouver, BC, based public relations firm.
The Company has entered into a Consulting Agreement(the “Agreement) with Plutus Bridge dated January 20, 2023, wherebythe services to be provided by Plutus will include strategic publicrelations services including communication services, assisting theCompany in updating their corporate communication including websiteand corporate presentation. Plutus will use commercially reasonableefforts to increase social media and/or forum engagement by postingCompany news releases and increase awareness through limitedadvertising campaigns for a term of three months upon TSX VentureExchange app roval. The Company will pay Plutus a fee of $20,000 for thefirst month upon Exchange approval and $10,000 for each subsequentmonth. The Agreement may be renewed orextended by the Company and Plutus at the end of the initial term. The Agreement is subject Exchangeapproval.
Plutus and Surge are not related parties and operate atarm’s length. Neither Plutus or its principals have any interest in the Company’s securities, directly orindirectly, or any right or intent to acquire such an interest.
About Surge Battery Metals Inc. surgebatterymetals.com
The Company is a Canadian-based mineral explorationcompany active in the exploration for lithium in Nevada and fornickel-iron alloy in British Columbia and whose primary listing is onthe TSX Venture Exchange. The Company's maintains a focus onexploration for high value battery metals required for the electricvehicle (EV) market.
Nevada Lithium Projects
The Company owns a 100% interest in 243 mineral claimslocated in Elko County, Nevada. The Nevada North Lithium Project is in the Granite Range southeast of Jackpot, Nevada, about73 km north-northeast of Wells, Nevada. The target is a lithium claydeposit in volcanic tuff and tuffaceous sediments of the JarbidgeRhyolite package.
In addition, the Company has a Property OptionAgreement to earn an undivided 80% interest in 16 mineral claims,comprising 640 acres located within Nevada's San Emidio Desert, knownas the GaltProperty . Recent mineral exploration on theGalt claim group includes 51 playa sediment samples collected forchemical analysis at ALS Geochemistry in Vancouver, B.C. Results ofaqua regia leaching of the samples show 68 to 852 parts per millionlithium (mean 365 ppm), 5.3 to 201 ppm cesium (mean 72 ppm) and 35 to377 ppm rubidium (mean 180 ppm). Results from two seven-foot-deepauger holes show lithium, cesium, and rubidium concentrations in therange of 143.5 to 773 ppm Li, 56.8 to 102.5 ppm Cs and 155 to 272Rb.
Finally, the Company owns a 100% interest in 663 ha(1,640 acre) property in the Teels Marsh Project located in Mineral County,Nevada. The property is in an active region for both lithiumexploration and production.
Nickel Projects, Northern BC
The Company has a Property Option Agreement to earn anundivided 80% interest in certain mineral claims from Nickel RockResources Inc. The Project (The Surge Nickel Project) consists of twonon-contiguous mineral claims groups consisting of six mineral claim blocks located in northern British Columbia . One claim in the Mount Sidney Williams area (claim HN4),covers 1863 hectares immediately south of and adjacent to the DecarProject, currently being advanced by FPX Resources, and 5 claims inthe Mitchell Range area, northeast of Decar, (N100 Group) covering8659 hectares. Three of the claims are subject to 2% NSR, includingthe (HN4 claim and the two southernmost claims of the N100 claimgroup). Both projects target the nickel-ironalloy mineral “Awaruite”, hosted by serpentinized intrusive rocksof the Trembleur Ultramafic Unit
On Behalf of the Board of Directors
“Greg Reimer”
Greg Reimer, President & CEO
778-945-2656
Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release. This news release may containforward?looking statements which include, but are not limited to,comments that involve future events and conditions, which are subjectto various risks and uncertainties. Except for statements ofhistorical facts, comments that address resource potential, upcomingwork programs, geological interpretations, receipt and security ofmineral property titles, availability of funds, and others areforward?looking. Forward?looking statements are not guaranteeingfuture performance and actual results may vary materially from thosestatements. General business conditions are factors that could causeactual results to vary materially from forward?lookingstatements.
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