Surge Battery Metals Inc. Announces Mr. Braden Jensen as Chief Financial Officer

Vancouver, British Columbia--(Newsfile Corp. - June 30, 2023) - Surge Battery Metals Inc. (TSXV: NILI) ("NILI" or the "Company") is pleased to announce that it has engaged Braden Jensen, C.A., as Chief Financial Officer (CFO), while Robert Guanzon has tendered his resignation as CFO, effective June 30^th, 2023.

Mr. Jensen obtained his formal training with KPMG LLP. Before transitioning to the resource industry, he worked in the public practice sector for 6 years, concentrating in commodities-based accounting and tax. He was then employed at Wellgreen Platinum Ltd. and was involved in mineral exploration, construction, and operations reporting, prior to joining Copper Fox Metals Inc. as its Chief Financial Officer. Mr. Jensen is currently the Chief Financial Officer of District Copper Corp.

The Company would like to thank Mr. Guanzon for his contributions to the Company and wish him the best with his future endeavours.

To find out more about Surge Battery Metals Inc. please contact Investor Relations at (604) 662-8184 or email at info@surgebatterymetals.com.

SURGE BATTERY METALS INC.

"Greg Reimer"

CEO, Director

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 news release 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", "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, 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, changes in laws, rules and regulations in Gabon 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 gold/silver and potash or potash related products, changes in exploration costs and government royalties, export policies or taxes in Gabon 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 the Banio Potash Project may be impacted by economic uncertainties arising out of Covid-19 pandemic or by the impact of current financial and other market conditions on its ability to secure further financing or funding of the Banio Potash Project. Such statements represent the Company's current views with respect to future events and are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political, environmental 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 affections such statements and information other than as required by applicable laws, rules and regulations

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