- Surge Battery Metals (TSXV:NILI), a lithium stock with explosive YoY returns, has upgraded from the OTCQB Venture Market to the OTCQX Best Market
- The upgrade represents a step up for Surge in terms of financial standards, investor confidence and U.S. visibility
- Surge Battery Metals is a Canadian-based mineral exploration company focused on lithium in Nevada
- Surge Battery Metals stock (TSXV:NILI) has added 1,325 per cent over the past year
Surge Battery Metals (TSXV:NILI), a lithium stock with explosive YoY returns, has upgraded from the OTCQB Venture Market to the OTCQX Best Market.
The OTCQX market caters to established, investor-focused U.S. and international companies that meet high financial standards, follow best-practice corporate governance and demonstrate compliance with applicable securities laws.
The upgrade represents a step up for Surge in terms of fostering investor confidence and greater U.S. visibility. Shares began trading today on the OTCQX under the symbol NILIF.
“We are very pleased to advance to the OTCQX in order to provide our U.S. investors with enhanced value in trading our securities,” Greg Reimer, Surge Battery Metals’ CEO, said in a statement.
Surge’s flagship Nevada North lithium project southeast of Jackpot, Nevada, yielded a strongly mineralized zone of lithium-bearing clays over a strike length of more than 1,600 metres during October 2022 drilling. Highly anomalous soil values suggest the potential for clay horizons to be much greater than their initial 400 m estimate.
The average lithium content within all near-surface clay zones in 2022 drilling was 3,254 ppm, substantiating the presence of a likely significant lithium deposit.
Ongoing 2023 drilling seeks to expand the mineralized strike length to over 3,500 m and the width of mineralization to 950 m. Initial assay results had a high of 8,070 ppm lithium with an average of 4,067 ppm lithium.
Surge Battery Metals is a Canadian-based mineral exploration company focused on lithium in Nevada.
Surge Battery Metals stock (TSXV:NILI) is up by 7.62 per cent trading at $1.13 per share as of 9:37 am ET. The stock has added 1,325 per cent over the past year.
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