Surge Battery Metals Inc. announced that on October 3, 2023, the Company entered into two mineral property purchase agreements to purchase a 25% of the mineral rights (the "Mineral Rights") to private lands comprising approximately 880 acres (the "Private Lands") which Private Lands are located within the general boundaries of the Company's NNLP Project. The Company's news release dated October 3, 2023 contained additional details, including a map, of the Private Lands and their location. The first agreement, dated effective September 14, 2023 and later amended (the "Wilkins Family Agreement") called for the Company to acquire a 21.25% interest in the Mineral Rights underlying the Private Lands (the "Wilkins Interest").

Details of the Wilkins Family Agreement can be found in the Company's news release dated October 3, 2023. The closing of the acquisition of the Wilkins Interest has now occurred with payment to the Wilkins Family of USD 50,000 and issuance of a total of 1,250,000 shares (the "Wilkins Shares") of the Company's common stock.