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Surge Battery raising $30 million for Nevada lithium project – Resource World Magazine
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Surge Battery raising $30 million for Nevada lithium project – Resource World Magazine
Surge Battery Metals Inc. [NILI-TSXV, NILIF-OTC, DJ5C-FRA] has announced a strategic financing via a non-brokered private placement that aims to raise $30 million, with an option to upsize to $36 million. If the private placement of up to 50 million units priced at 60 cents each is fully subscribed, it will fully fund the company’s Nevada North Lithium Project in Nevada to a construction decision. The financing is led by Brian Paes-Braga, Managi…
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