From GlobeNewswire: 2025-04-11 07:00:00

ExGen Resources Inc. has secured a right of first refusal for the Spark South lithium project in Nevada, adjacent to Surge Battery Metals Inc.’s project, in exchange for a C$750,000 convertible loan. The Company now has a 3-year right to match any third-party transaction that would change the Vendor’s control. The loan, carrying 15% interest, is convertible to shares at $0.15 per share. CEO Jason Riley sees the Elko county lithium district as a high-grade opportunity, with the potential to expand ExGen’s presence. ExGen aims to fund exploration and development through joint ventures, currently holding 6 projects in Canada and the US.



Read more at GlobeNewswire: ExGen Announces ROFR and Convertible Loan to Private