Lithium X2 Mining Inc.

Lithium X2 Mining Inc., formerly Surge Battery Metals Inc., is advancing the Nevada North Lithium Project in Elko County, Nevada, toward a domestic American lithium supply.

The Project is held by Nevada North Lithium LLC, owned 67.5% by Lithium X2 and 32.5% by Evolution Mining Limited. The Pre-Feasibility Study announced October 2, 2026 reports an after-tax net present value of US$9.81 billion at an 8% discount rate, an after-tax internal rate of return of 23.6% and a 42-year mine life, on a 100% project basis.

The Pre-Feasibility Study is prepared to AACE Class 4 accuracy, plus or minus 25%, and there is no certainty the results will be realized. This channel is for information only and is not an offer to sell or a solicitation to buy securities.

TSXV: LIXX | OTCQX: LIXMF | FRA: DJ5C
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