Surge Battery Grants Stock Options
Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) has announced a stock option grant totaling 1.35 million options to its directors, officers, and consultants. The options are exercisable at $0.30 per share over a five-year period. This equity compensation plan aims to align the interests of key personnel with those of shareholders.
Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) ha annunciato l'assegnazione di un totale di 1,35 milioni di opzioni azionarie a favore dei suoi amministratori, dirigenti e consulenti. Le opzioni possono essere esercitate a 0,30 $ per azione entro un periodo di cinque anni. Questo piano di compensazione azionaria mira ad allineare gli interessi del personale chiave con quelli degli azionisti.
Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) ha anunciado la concesión de un total de 1,35 millones de opciones sobre acciones a sus directores, ejecutivos y consultores. Las opciones pueden ejercerse a 0,30 $ por acción durante un período de cinco años. Este plan de compensación en acciones tiene como objetivo alinear los intereses del personal clave con los de los accionistas.
Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF)는 이사, 임원 및 컨설턴트에게 총 135만 주의 스톡 옵션을 부여했다고 발표했습니다. 이 옵션은 주당 0.30달러의 행사 가격으로 5년 기간 동안 행사할 수 있습니다. 이 주식 보상 계획은 핵심 인력의 이익을 주주들의 이익과 일치시키는 것을 목표로 합니다.
Surge Battery Metals (TSXV : NILI) (OTCQX : NILIF) a annoncé l'attribution d'un total de 1,35 million d'options d'achat d'actions à ses administrateurs, dirigeants et consultants. Ces options sont exerçables à 0,30 $ par action sur une période de cinq ans. Ce plan de rémunération en actions vise à aligner les intérêts des personnels clés avec ceux des actionnaires.
Surge Battery Metals (TSXV: NILI) (OTCQX: NILIF) hat eine Gewährung von insgesamt 1,35 Millionen Aktienoptionen an seine Direktoren, Führungskräfte und Berater bekannt gegeben. Die Optionen sind über einen Fünfjahreszeitraum zum Ausübungspreis von 0,30 $ pro Aktie ausübbar. Dieses Aktienvergütungsprogramm zielt darauf ab, die Interessen der Schlüsselpersonen mit denen der Aktionäre in Einklang zu bringen.
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West Vancouver, British Columbia--(Newsfile Corp. - May 21, 2025) - Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) ("Surge" or the "Company") announces that it has granted a total of 1.35 million stock options, exercisable for a period of five years, at an exercise price of 30 cents a share to certain directors, officers and consultants.
About Surge Battery Metals Inc.
Surge Battery Metals, 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 exploring clean, high-grade lithium energy metals in Nevada, USA, a crucial element for powering the electric vehicles of tomorrow. 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, contributing significantly to the sustainable future of the electric vehicle industry. At Surge Battery Metals, we are not just exploring minerals; we are pioneering the path to a cleaner and more sustainable future, driving innovation in the lithium sector, and contributing to the evolution of the electric vehicle industry.
About the Nevada North Lithium Project
The Company owns the Nevada North Lithium Project located in the Granite Range southeast of Jackpot, Nevada about 73 km north-northeast of Wells, Elko County, Nevada. The first three rounds of drilling on the Project, completed in 2022, 2023, and 2024, 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, while wide drill spacing allows for significant upside to occur during infill drilling. The Nevada North Lithium Project has a pit-constrained Inferred Resource containing an estimated 8.65 Mt of Lithium Carbonate Equivalent (LCE) grading 2,951 ppm Li at a 1,250 ppm cutoff.
On behalf of the Board of Directors
"Greg Reimer"
Greg Reimer,
Director, President & CEO
Contact Information
Email: info@surgebatterymetals.com
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. These forward-looking statements or information may relate to future prices of commodities including lithium and nickel, the accuracy of mineral or resource exploration activity, reserves or resources, regulatory or government requirements or approvals including approvals of title and mining rights or licenses and environmental, local community or indigenous community approvals, the reliability of third party information, continued access to mineral properties or infrastructure or water, changes in laws, rules and regulations including in the United States, Nevada or California or any other jurisdiction which may impact upon the Company or its properties or the commercial exploitation of those properties, currency risks including the exchange rate of USD$ for Cdn$ or other currencies, fluctuations in the market for lithium related products, changes in exploration costs and government royalties, export policies or taxes in the United States or any other jurisdiction and other factors or information. The Company's current plans, expectations, and intentions with respect to development of its business and of its Nevada properties may be impacted by economic uncertainties arising out of any pandemic or by the impact of current financial and other market conditions (including US government subsidies or incentives) on its ability to secure further financing or funding of its Nevada properties. 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. 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/252950
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