Could Surge Battery Metals Inc (NILIF) Meet Insatiable Demand For EVs And Clean Power ?
As the world gradually transitions to Electric Vehicles (EVs), demand for so-called “Green Metals” used in the production of batteries is soaring even faster. Minerals like Copper, Nickel, and Lithium are integral to the process of battery construction, so demand is skyrocketing as more major automakers such as (NASDAQ:TSLA), XPeng (NYSE:XPEV), Fisker (NYSE:FSR), Ford Motor (NYSE:F), General Motors (NYSE:GM) and Rivian Automotive (NASDAQ:RIVN) begin to produce their own EVs.
Surge Battery Metals Inc (OTC US:NILIF) is a Canadian-based mineral exploration company active in the exploration for nickel-iron alloy and Copper in British Columbia and lithium in Nevada 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.
Recently, Surge Battery Metals Inc (TSXV:NILI)(OTCMKTS:NILIF)(FRA:DJ5C) announced that it has entered into a Letter of Intent dated January 11, 2022 (the “Agreement”) to earn an undivided 80% interest in 16 Lithium Mining Claims comprised of 640 acres and located within Nevada’s San Emidio Desert (the “Transaction”). These lithium exploration claims, referred to as the “Galt Claim Group”, adjoin the Company’s existing San Emidio Desert lithium claims. If this interest is successfully acquired by the Company, it will significantly add to Surge’s lithium assets in the area. This Agreement is subject to a standstill clause and an additional due diligence period by both parties ending January 31, 2022 followed by the signing of a Definitive Agreement by February 28, 2022, to be approved by the Vendors (Paul Lechler and John Vandesand) and the Company’s Board of Directors.
So what makes Surge Battery Metals The Market’s “Best-in-Class” Micro-Cap Explorer ?
- With demand for battery metals expected to soar 500x faster than EV demand, Surge Battery Metals could see tremendous, near-term vertical growth 4
- The company’s well-positioned and massive mining portfolio has five promising projects across two of the world’s friendliest mining jurisdictions 1
- Surge Battery Metals is well-capitalized, fully-funded for 2022 exploration with $4.2 Million in working capital 1
- The company’s closest neighbors include major companies with highly successful late-stage exploration programs 3
- They’ve assembled a Dream Team of top industry insiders and Policymakers to drive strategy toward serious paydirt.
Click HERE to read complete research report on Surge Battery Metals Inc. (the “Company” or “Surge”) (TSXV:NILI)(OTC PINK:NILIF)(FRA:DJ5C). In The Realm Of Mining & Exploration Stocks, Surge Battery Metals Inc. Seems to be Truly Unparalleled.
Sources:
Source 1: https://stockmarkettrendstoday.com/Markets-Top-Explorer/?utm_source=bullzeyemedia&utm_medium=affiliate&utm_campaign=nilif&_ef_transaction_id=ff1455153397471da09d8c8b6a38c2d2. Source 2: https://surgebatterymetals.com/wp-content/uploads/2021/11/Surge-Battery-Metals_Fact-Sheet_v1.10_2021-11-29.pdf. Source 3: https://www.albemarle.com/locations/north-america/nevada. Source 4: https://rivercountry.newschannelnebraska.com/story/44788975/surge-battery-metals-inc-stock-surges-53-as-ev-battery-metals-sector-comes-into-investor-focus-otcqb-nilif-tsxv-nili
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