Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s): NILIF

Metals & Mining Industrial Metals & Minerals

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and... see more

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TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > EVOLUTION MINING to provide $ 30 million to NILI

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Post by deepoil0808 on Sep 06, 2024 9:53am

EVOLUTION MINING to provide $ 30 million to NILI

Graham stated in the last interview that he believes he will be able to bring a partner on for the 2025 drilling, where they will share the project, just like LAC is doing with GM.

Deal will be NON DILUTIVE, funds in exchange for a piece of the pie.

From all indications, the partner will be EVOLUTION MINING, a multi billion $$$ company, who will cough up the $ 30 million for year 2025 drilling.

Good Luck,

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Comment by Greenfield77 on Sep 06, 2024 12:53pm

Didn't you also insist a few months ago that Graham said American Lithium would exercise their out of the money warrants to fund AMLI?

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Comment by svdfvdvdfbsfbd on Sep 06, 2024 1:36pm

Where is that supposed to have been said?

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Comment by deepoil0808 on Sep 06, 2024 2:04pm

I believe it was on a podcast on ceo.ca, someone had posted a link. Graham said that he believes he will be SUCCESSFUL to bring in a partner for cash that will be minimal dilutive to shareholders. In the spring of 2024 in another interview Graham had stated that there were various parties interested but it was too early. Graham wants to show MRE, then PERMIT, then PEA so that everything ...more

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Surge Battery Metals Inc.