Surge Battery Metals plans C$30 million private placement at C$0.60 per unit

  • Surge Battery Metals launched a non-brokered private placement of up to 50,000,000 units at USD 0.6 to raise up to USD 30 million.
  • Deal includes an upsize option to USD 36 million; proceeds earmarked to fund Nevada North to a construction decision.
  • Each unit includes one common share, one warrant exercisable at USD 0.9 for three years.
  • Financing led by Brian Paes-Braga, Michael Hess; both join a new Strategic Advisory Board tied to a planned Nasdaq up-listing.
  • Offering expected to close around June 20, 2026; post-close treasury projected at about USD 70 million.


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