Surge Battery Announces Engagement of Winning Media LLC

Rhea-AI Summary

Surge Battery Minerals announces an increased budget for its investor relations campaigns amid travel restrictions due to the Covid-19 pandemic. The company has engaged Winning Media LLC for a 120-day investor marketing campaign at a cost of $250,000. Following a recent financing of $2,800,000, Surge has also raised an additional $2,300,000 from the exercise of warrants and stock options. The company focuses on battery metals essential for the EV market, with interests in lithium and nickel exploration in Nevada and British Columbia.

Positive

• Increased investor relations budget supports marketing efforts amid Covid-19 restrictions.
• Engaged Winning Media for professional investor marketing services.
• Successfully raised $2,300,000 from warrants and stock options exercise, enhancing financial stability.

Negative

• None.

VANCOUVER, BC, Sept. 7, 2021 /PRNewswire/ -- Surge Battery Minerals Inc. (the "Company" or "Surge") (TSXV: NILI) (OTCQB: NILIF) (FRA: DJ5C) announces that management of the Company has increased its budget related to its investor relations campaigns in an effort to continue the Company's marketing and awareness campaigns using alternative methods as a result of travel restrictions and limited person-to-person contact due to the Covid-19 pandemic.

In connection with this, the Company is pleased to announce the launch of an investor marketing campaign and has engaged Winning Media LLC ("Winning Media") to provide investor relations and digital advertising services to the Company. Services to be provided by Winning Media include copywriting and design fees and digital advertising. The engagement of Winning Media will extend for a period of 120 days for a fee of US$250,000 as part of the increased budget in connection with the campaign. Neither Winning Media nor any of its principals currently own any interest, directly or indirectly, in the Company.

Winning Media is based out of Houston Texas and brings over 20 years of experience in the online advertising and investor relations industry.

The Company is pleased to report that since it closed its $2,800,000 financing earlier this year, the Company has received an additional $2,300,000 from the exercise of 29,179,166 warrants and stock options from its shareholders, which more than allows the Company to carry out its corporate plans for 2021 and beyond. 

About Surge Battery Metals Inc. surgebatterymetals.com

The Company is a Canadian-based mineral exploration company active in the exploration for nickel-iron alloy and Copper in British Columbia and lithium in Nevada. Nickel Rock Resources Inc. is a Canadian based exploration company whose primary listing is on the TSX Venture Exchange. The Company's maintains a focus on exploration for high value battery metals required for the electric vehicle (EV) market.

Nevada Lithium Claims

The Company owns a 100% interest in 38 mineral claims located in Nevada. The Northern Nevada Lithium Project is located in the Granite Range about 34 line- km southeast of Jackpot, Nevada, about 73 line-km north-northeast of Wells, Nevada. The target is a Thacker Pass or Clayton Valley type lithium clay deposit in volcanic tuff and tuffaceous sediments of the Jarbidge Rhyolite package.  The project area was first identified in public domain stream sediment geochemical data with follow up sediment sampling and geologic reconnaissance.

Caledonia Project, Vancouver Island, BC

The Company has entered into a Property Option Agreement to acquire a 100% interest in 7 mineral claims known as the Caledonia, Cascade and Bluebell, subject to a NSR between 1-2%. Located in the Nanaimo Mining District of northern Vancouver Island.  The claims are 7 km north-west of BHP's past producing Island Copper mine. During its prime operating period the Island Copper mine was Canada's third-largest copper producer.  The Caledonia, Cascade and Bluebell claims area lies within a 50-kilometer-long copper belt northwest of the Island Copper mine.

British Columbia Nickel Project

Hard Nickel 4 and Nickel 100 Claims

The Company has entered into an Option Agreement with Nickel Rock Resources to acquire an 80% interest in 6 mineral claims in the Mount Sidney Williams area (Hard Nickel 4) covering 1863 hectares immediately south of and adjacent to the Decar Project and the Mitchell Range area (Nickel 100) covering 8659 hectares, located in Northern British Columbia. Three of the claims are subject to 2% NSR, including the Hard Nickel 4 claim and the two southernmost claims of the Nickel 100 claims. The acquisition is subject final TSXV Approval.

On Behalf of the Board of Directors

"Greg Reimer"
Greg Reimer, President & CEO
604-428-5690

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 forward–looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward–looking. Forward–looking statements are not guaranteeing future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward–looking statements.

Surge Battery Metals Inc.

1220 – 789 West Pender Street
Vancouver, BC, Canada V6C 1H2
604- 428-5690
www.surgebatterymetals.com
info@surgebatterymetals.com

 

View original content:https://www.prnewswire.com/news-releases/surge-battery-announces-engagement-of-winning-media-llc-301369370.html

SOURCE Surge Battery Minerals Inc.

FAQ

What is Surge Battery Minerals' new investor relations budget?

Surge Battery Minerals has increased its investor relations budget to support marketing campaigns in light of travel restrictions due to Covid-19.

Who has Surge Battery Minerals engaged for its investor marketing campaign?

Surge Battery Minerals has engaged Winning Media LLC to provide investor relations and digital advertising services for a 120-day campaign.

How much has Surge Battery Minerals raised from the exercise of warrants and stock options?

Surge Battery Minerals has raised an additional $2,300,000 from the exercise of warrants and stock options.

What is the purpose of Surge Battery Minerals' marketing campaign?

The marketing campaign aims to enhance the company's visibility and awareness in the market, especially due to current travel restrictions.

What areas does Surge Battery Minerals focus on for exploration?

Surge Battery Minerals focuses on exploring nickel, copper, and lithium, essential for the electric vehicle market.