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02 Jun

American Lithium invests in Surge Battery Metals' Nevada project

British Columbia-based Surge Battery Metals says it is getting a strategic investment of CAD 7.16 million ($5.33m) from American Lithium Corp. Proceeds will fund exploration at its Nevada North Lithium Project in the western United States, Kallanish learns. The private placement will give American Lithium 9.9% of Surge’s issued and outstanding common shares. In addition, Ted O’Connor, executive vice president of American Lithium, will get a seat on Sur…
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