Surge Battery Metals Announces Investor Relations Agreement

West Vancouver, British Columbia – July 3, 2026 – Surge Battery Metals Inc. (TSXV: NILI) (OTCQX: NILIF) (FSE: DJ5) (the “Company” or “Surge”) announces that it has entered into an investor relations and marketing agreement (the “Agreement”) with New Era Publishing Inc., operating as Katusa Research, to provide investor awareness and marketing services to the Company.

Pursuant to the Agreement, New Era Publishing will provide a comprehensive investor awareness program designed to increase market awareness of the Company through digital marketing initiatives, editorial content, investor communications, social media distribution and other online investor engagement activities. All materials disseminated on behalf of the Company will be subject to the Company’s review and approval to ensure compliance with applicable securities laws and TSX Venture Exchange policies.

The Agreement has a term commencing July 3, 2026 and continuing through the completion of the marketing campaign, currently anticipated to conclude during the first quarter of 2027.

As consideration for the services to be provided, the Company has agreed to pay New Era Publishing total compensation of US$1,400,000 (approximately CAD$1,987,500), payable in three installments: US$400,000 (approx. CAD$567,500) by July 7, 2026; US$500,000 (approx. CAD$710,000) by November 30, 2026; and US$500,000 by January 15, 2027, in accordance with the terms of the Agreement. No stock options, warrants or other securities will be granted by Surge as compensation under the Agreement.

Based in Vancouver, BC, New Era Publishing Inc. is an arm’s length service provider to the Company specializing in media and investor relations services, within the natural resource sector.  To the knowledge of the Company, neither New Era Publishing nor its principals presently own any securities of the Company. New Era Publishing has agreed that neither it nor its directors, officers, employees or affiliates will trade securities of the Company during the term of the engagement under the Agreement.

The Agreement remains subject to acceptance by the TSX Venture Exchange.

Graham Harris, Chairman of Surge Battery Metals, commented:

“With the recent strategic financing placing the Company in a strong financial position as we advance the Nevada North Lithium Project toward a construction decision, we believe it is important to broaden awareness of Surge among North American and international investors. We look forward to working with Katusa Research to communicate our progress while maintaining the highest standards of regulatory compliance and disclosure.”

About Surge Battery Metals Inc.

Surge Battery Metals Inc. is focused on the exploration and development of battery metals required to support the global transition to clean energy. The Company’s flagship Nevada North Lithium Project is located in Elko County, Nevada, one of the world’s premier mining jurisdictions.

On behalf of the Board of Directors

“Greg Reimer”

Greg Reimer,
Director, President & CEO