Business
Surge Battery Metals Comments on Recent Promotional Activity Pursuant to OTC Markets Request
(TheNewswire) Vancouver, BC – TheNewswire - November 16, ...
About this update from Surge Battery Metals Inc
[{"type":"text","content":"Surge Battery Metals Comments on Recent Promotional Activity Pursuant to OTC Markets Request\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n Vancouver, BC –\n \n \n TheNewswire -\n \n \n November 16, 2021\n-\n \n \n Surge Battery Metals Inc.\n \n \n (the “Company” or “Surge”)\n \n \n (TSXV:NILI\n \n \n )\n \n \n (\n \n \n OTC:NILIF\n \n \n )\n \n \n (\n \n \n FRA:DJ5C)\n \n \n has received a request by the OTC Markets Group to comment on\nrecent promotional activity related to Surge's common shares traded on\nthe OTC Markets.\n \n \n \n \n On November 12, 2021, the Company became aware that\nStellar Media Group LLC produced and disseminated a corporate profile\npublished without the knowledge or consent of the Company through BEAT\nPenny Stocks and Stock Street wire brands as per the disclaimer in\ntheir corporate profile. The Company was not aware of these\npromotional materials prior to receiving copies from OTC Markets. The\nCompany has not hired Stellar Media Group, and neither the Company nor\nits officers were involved, directly or indirectly, in the creation,\ndistribution, dissemination or payment for the promotional\nmaterials.\n \n \n \n \n The promotional materials appear to provide an overview\nof the Company's business and also appear to make several speculative\nclaims regarding the Company's prospects. The promotional materials\nare based upon information made available by the Company, including\nthe Company's news releases and investor presentations. The Company\ndoes not believe that the promotional materials have had an effect on\nthe trading activity in the Company's common shares. The Company had\nno editorial control over the content or the promotional materials.\nThe Company has reviewed the promotional materials and while it does\nconsider the materials to be speculative it does not consider the\nstatements made in the promotional materials to be materially false or\nmisleading.\n \n \n \n \n Upon inquiry of Company management, none of the\nCompany's officers, directors or greater than 10% shareholders, or any\nthird-party service providers, have (i) directly or indirectly been\ninvolved in the creation of, distribution of, or payment for\npromotional materials related to the Company or its common shares or\n(ii) sold or purchased any of the Company's securities in t...