(TheNewswire)
Vancouver, BC - TheNewswire - April 13,2021 - Surge Battery Minerals Inc. (the“Company” or “Surge”) (TSXV:NILI )( OTC:SURJF ) ( FRA:DJ5C) is pleased to announce that effective today, Mr. Greg Reimer has joinedthe Surge Board of Directors as its President & CEO.
From 2017 until 2019, Mr. Reimer acted as a consultantwithin the North American energy industry having worked with severaldomestic and international companies on energy policy and strategy.
In June 2019, Mr. Reimer started working in anexecutive capacity for a successful North American electrical servicescontractor, Rokstad Power, with operations in Canada and the UnitedStates. Here, Mr. Reimer held the positions of EVP andChief Financial Officer and most recently being promoted to the dualrole of EVP and Chief Innovation Officer, primarily responsible forall corporate Strategy, Innovation and Technology.
Mr. Reimer states “I am veryexcited to join Surge as its President & CEO and plan to work hardfor the shareholders to make Surge successful. Since originallydiscussing this opportunity with Surge management, I quickly realizedwhat a great company we have here. I am very grateful to the membersof the current Surge Board of Directors for their vote ofconfidence.”
A CertifiedPublic Accountant (CPA) by profession, Greg helda number of senior leadership positions in in the public sector priorto joining BC Hydro, including Deputy Minister of Provincial Revenue, Chair of the BC Oil and GasCommission and Deputy Minister of Energy, Mines andPetroleum Resources .
In connection with Mr. Reimer’s appointment theCompany has granted him 200,000 stock options. T he stock options are exercisable for a term of five years atan exercise price of $0.19 per share. The stock options are grantedin accordance with the terms of the Company’s Stock Option Plan andthe policies of the TSX Venture Exchange and will be subject to a holdperiod of four months and a day.
Gordon Jung, current Surge Board Member and formerSurge President & CEO, states “We are thrilled to have such ahigh caliber Director join our Company and Board. Greg brings asubstantial wealth of experience, as well as practical mining industryexperience in his former role as British Columbia’s Deputy Ministerof Energy, Mines and Petroleum Resources. Greg is clearly passionateabout the evolution of the global electric vehicle market and we arelooking forward to his contribution to our company.”
Concurrent with this board appointment, Mr. Rick Wilsonwill be resigning from his role as President, CE) and Director butwill continue with the Company as a corporate advisor. Surge isgrateful for Mr. Wilson’s valuable input and looks forward to hiscontinued contribution over time.
About Surge Battery Metals Inc.
The Company is a Canadian-based mineral explorationcompany which has been active in the resource sector in BritishColumbia and elsewhere in Canada.
Vancouver Island Caledonia (PolyMetallic) Project, British Columbia
Surge Exploration Inc. has entered into a PropertyOption Agreement to acquire a 100% interest in seven (7) mineralclaims known as the Caledonia, Cascade and Bluebell, subject to a NSR
between 1-2%. Located in the Nanaimo Mining District ofnorthern Vancouver Island, the claims are adjacent to the jointventure partnership between Freeport-McMoRan and Northisle Copper and Gold Inc. Under the terms of this joint venture partnershipagreement, Freeport-McMoRan can earn up to a 65% withC$24 million in exploration expenditures over sevenyears. Freeport-McMoRan is currently one of theworld’s largest copper producers.
On Behalf of the Board of Directors
“Gordon Jung”
Gordon Jung
Director
Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.
This news release may contain forward?lookingstatements which include, but are not limited to, comments thatinvolve future events and conditions, which are subject to variousrisks and uncertainties. Except for statements of historical facts,comments that address resource potential, upcoming work programs,geological interpretations, receipt and security of mineral propertytitles, availability of funds, and others are forward?looking.Forward?looking statements are not guarantees of future performanceand actual results may vary materially from those statements. Generalbusiness conditions are factors that could cause actual results tovary materially from forward?looking statements.
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