Surge Battery Minerals Inc. is pleased to announce that effective today, Mr. Greg Reimer has joined the Surge Board of Directors as its President & CEO. From 2017 until 2019, Mr. Reimer acted as a consultant within the North American energy industry having worked with several domestic and international companies on energy policy and strategy. In June 2019, Mr. Reimer started working in an executive capacity for a [...]
Surge Exploration Inc. is pleased to announce that the Board of Directors has approved the name change to "Surge Battery Metals Inc." The Company's shares will commence trading under the new name and new trading symbol "NILI", effective, Monday, March 15, 2021 at the market open. The Company's new CUSIP number will be 86882X109. The name change is subject to TSX Venture Exchange approval. The Company believes that the [...]
Surge Exploration Inc. would like to provide its shareholders with an update on the Company and its proposed future plans for 2021. The Company is pleased to report that due to the recently closed $2,400,000 Unit financing, the Company now has approximately $3,000,000 in order to carry out its corporate plans for 2021. With the conversion of all associated financing warrants from the recently completed Unit offering, the [...]
Surge Exploration Inc. announces that it has arranged and closed a non-brokered private placement financing offering of 40,000,000 units at a price of $0.06 per Unit for gross proceeds of $2,400,000. Each Unit is comprised of one common share and one share purchase warrant. Each Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.08 per share for a [...]
Surge Exploration Inc. announces that it has signed a Property Agreement with LiCo Energy Metals Inc., hereby terminating early the Option Agreement with LiCo Energy Metals Inc. originally announced on May 7, 2018. By doing so, LiCo will effectively retain 100% interest in the Glencore Bucke and Teledyne Claims, located near Cobalt, Ontario and in consideration for this early termination, LiCo proposes to pay 2,500,000 [...]
Surge Exploration Inc. would like to provide its shareholders with additional information regarding the history and current status of the company, as well as, its proposed operating plan for 2020. The Company reports that it has received $444,000 in proceeds from the exercise of 11,100,000 warrants from its shareholders since January, 2019. "We are very happy that our shareholders continue to support our company and its [...]
Surge Exploration Inc. announces that pursuant to a Purchase and Sale Agreement with Brixton Metals Corp. the Company has sold its Trapper Lake mineral claims, consisting of an area of 32,616 hectares, located in the Sutlahine River area of northwestern British Columbia for 350,000 shares of Brixton. The Trapper Lake property adjoins the Thorn Project owned by Brixton. A finder's fee may be paid in connection with the [...]
Surge Exploration Inc. reports that at the request of IIROC the Company wishes to clarify certain disclosure in its December 6, 2019 news releases titled "Surge Acquires Additional Land Nearby its Poly-Metallic Caledona Project in British Columbia". Specifically in the news release reported the following "historical estimate": Historical Estimate: Underground development by Cominco outlined possible reserves of 68,000 [...]
Surge Exploration Inc. is pleased to report it has added additional mineral claims in the area of its Caledonia Project in Northern Vancouver Island British Columbia under the previously announced Purchase and Sale Agreement dated November 1, 2019 and announced on November 5, 2019. These new mineral claims include the Silver Skarn Project and additional land nearby the former Island Copper Mine. This acquisition of a [...]
Surge Exploration Inc. is pleased to report President & CEO Tim Fernback Interviewed by Dr. Allen Alper of MetalsNews at: Surge Metals News Interview Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, USA interviewed Tim Fernback for a Featured article that appeared November 6, 2019 in MetalsNews.com. Dr. Alper was very impressed with Mr. Fernback's leadership, progress and vision for [...]
Surge Exploration Inc. is pleased to report it has negotiated the acquisition of a 100% interest four mineral claims adjoining the recently acquired Caledonia, Cascade and Bluebell claims, subject to a one percent NSR This acquisition will allow for the exploration of possible strike extensions of high-grade mineralization to the east and the west from the Caledonia Project underground workings. With this new [...]
Surge Exploration Inc. is pleased to report it has recently entered into a Property Option Agreement to acquire a 100% interest in three mineral claims known as the Caledonia, Cascade and Bluebell, subject to a 2% NSR. The claims are located in the Nanaimo Mining District of northern Vancouver Island, adjacent to the joint venture partnership between Freeport-McMoRan and Northisle Copper and Gold Inc. and under the terms [...]