Mr. Greg Reimer reports

SURGE ANNOUNCES INCREASED INVESTMENT FROM THE QUATERNARY GROUP

Surge Battery Metals Inc. investor Quaternary Group Ltd. as of Oct. 15, 2025, held approximately 5.7 per cent of the issued and outstanding common shares of Surge on an undiluted basis, and approximately 11.3 per cent on a diluted basis. Since Oct. 15, 2025, Quaternary Group Ltd. has acquired an additional 2,539,000 common shares of the company through open market purchases and now holds approximately 7.8 per cent of the issued and outstanding common shares of the company on an undiluted basis and approximately 13.3 per cent on a diluted basis.

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.

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