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Surge Battery raises $25 million for Nevada lithium project – Resource World Magazine
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Surge Battery raises $25 million for Nevada lithium project – Resource World Magazine
Surge Battery Metals Inc. [NILI-TSXV, NILIF-OTC, DJ5C-FRA] said Wednesday it has raised $25 million from a non-brokered private placement financing. The company said it intends to use the proceeds for additional costs related to its preliminary feasibility study (PFS) at the Nevada North Lithium Project, costs for a definitive feasibility study, and general working capital. Under the private placement, the company raised $19.9 million (the LIFE o
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