Surface Metals Inc. Announces Option Grants and Provides Financial Marketing Update

Surface Metals (CSE: SUR / OTCQB: SURMF) granted 250,000 stock options to a consultant at $0.255 and reported that executives voluntarily surrendered 499,999 options (strike price $3.84) issued April 14, 2022. The company also retained IDR Marketing Inc. for six months starting October 29, 2025, to enhance public relations, brand awareness, and digital marketing. IDR’s principal is Linda Josey, an arm’s-length party. This targets improved visibility in the lithium and gold exploration market.

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Surface Metals (CSE: SUR / OTCQB: SURMF) granted 250,000 stock options to a consultant at an exercise price of $0.255 and reported that directors and officers voluntarily surrendered 499,999 options issued on April 14, 2022 with a strike of $3.84 (post consolidation).

Surface Metals (CSE: SUR / OTCQB: SURMF) ha concesso 250.000 stock option a un consulente al prezzo di esercizio di $0,255 e ha riferito che i direttori e i funzionari hanno volontariamente ceduto 499.999 opzioni emesse il 14 aprile 2022 con uno strike di $3,84 (dopo la riorganizzazione).

Surface Metals (CSE: SUR / OTCQB: SURMF) otorgó 250.000 opciones sobre acciones a un consultor con un precio de ejercicio de $0,255 e informó que los directores y los ejecutivos renunciaron voluntariamente a 499.999 opciones emitidas el 14 de abril de 2022 con un precio de ejercicio de $3,84 (tras la consolidación).

Surface Metals (CSE: SUR / OTCQB: SURMF)는 컨설턴트에게 250,000 주식옵션을 행사가격 $0.255로 부여했고, 이사회 및 임원들이 2022년 4월 14일에 발행된 499,999옵션을 자발적으로 포기했다고 보고했습니다. 행사가격은 $3.84 (합병 후 기준).

Surface Metals (CSE: SUR / OTCQB: SURMF) a accordé 250 000 options d’achat d’actions à un consultant à un prix d’exercice de $0,255 et a signalé que les administrateurs et les cadres ont volontairement abandonné 499 999 options émises le 14 avril 2022 avec un prix d’exercice de $3,84 (après consolidation).

Surface Metals (CSE: SUR / OTCQB: SURMF) hat einem Berater 250.000 Aktienoptionen zu einem Ausübungspreis von $0,255 gewährt und berichtet, dass Direktoren und leitende Angestellte freiwillig 499.999 Optionen abgegeben haben, die am 14. April 2022 mit einem Ausübungspreis von $3,84 (nach Konsolidierung) ausgegeben wurden.

Surface Metals (CSE: SUR / OTCQB: SURMF) منحت 250,000 خيار أسهم لمستشار بسعر تنفيذ قدره $0.255 وقالت إن المدراء والموظفين التنفيذيين تنازلوا طوعاً عن 499,999 خياراً تم إصدارها في 14 أبريل 2022 بسعر إضراب قدره $3.84 (بعد الدمج).

11/07/2025 – 08:36 PM

Vancouver, British Columbia–(Newsfile Corp. – November 7, 2025) – Surface Metals Inc. (CSE: SUR) (OTCQB: SURMF) (the “Company”, or “Surface Metals”) has granted 250,000 options priced at $0.255 to a consultant, and directors and officers have voluntarily surrendered 499,999 options issued on April 14, 2022 at $3.84 (post consolidation).

As per the press release announced on October 29th, 2025, IDR Marketing Inc. “IDR”, has been retained for a six month period commencing October 29th to provide public relations strategies, brand awareness, financial and digital marketing services to the Company. IDR is a California Corporation with its registered office located at 100 Oceangate, 12th Floor, Long Beach, CA, USA, 90802. Its principal and president is Linda Josey, an arm’s-length party. Contact details: [email protected] (562) 343-7483.

IDR Marketing Inc. is an independent ad agency providing full-scale integrated marketing and advertising services. Clients trust IDR for brand strategy and awareness, digital marketing, social media and advertising, newswire distribution, article marketing,

About Surface Metals Inc.

Surface Metals Inc. (CSE: SUR) (OTCQB: SURMF) is a North American mineral exploration company focused on advancing a diversified portfolio of gold and lithium projects in Nevada, USA, and Manitoba, Canada. The Company’s Cimarron Gold Project is located in Nye County, Nevada, in a historically productive gold district. Surface’s Clayton Valley Lithium Brine Project hosts an inferred resource of approximately 302,900 tonnes LCE adjacent to Albemarle’s Silver Peak Mine. Surface Metals is also advancing lithium projects in Fish Lake Valley, Nevada, and through a joint venture with Snow Lake Energy in southeastern Manitoba.

From a financial perspective, the voluntary surrender of options by Surface Metals’ executives suggests a potential recalibration of the company’s equity structure. Canceling previously issued options, especially those with a high strike price relative to the current market value, can reduce potential dilution for existing shareholders. This move could be interpreted as a confidence signal from the leadership, aligning their interests more closely with those of investors. However, the timing of the surrender, coupled with the engagement of IDR Marketing, could also suggest a renewed focus on boosting the company’s visibility and investor appeal, particularly in the competitive lithium and gold exploration market.

Technically, Surface Metals’ focus on lithium brine projects in Clayton Valley, Nevada, places them in a strategic location. The proximity to Albemarle’s Silver Peak Mine, the only producing lithium mine in the United States, offers potential synergies and de-risking opportunities. The inferred resource of 302,900 tonnes LCE at the Clayton Valley project warrants further exploration and resource definition work to upgrade the resource category and potentially demonstrate economic viability. The engagement of IDR Marketing could play a crucial role in communicating the company’s progress and potential to investors as they advance these lithium projects.

On behalf of the Board of Directors

Neither the CSE nor its regulations service providers accept responsibility for the adequacy or accuracy of this news release. This news release contains certain statements which may constitute forward-looking information within the meaning of applicable securities laws (“forward-looking statements”). Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273738

What options did Surface Metals (SURMF) grant on November 8, 2025?

Surface Metals granted 250,000 options to a consultant at an exercise price of $0.255.

How many options did Surface Metals directors and officers surrender and from what grant date?

Directors and officers voluntarily surrendered 499,999 options issued on April 14, 2022 with a post-consolidation strike of $3.84.

What marketing agreement did Surface Metals (SUR / SURMF) announce for October–April 2026?

Surface Metals retained IDR Marketing Inc. for a six-month period starting October 29, 2025 to provide PR and digital/financial marketing services.

Who is the principal of IDR Marketing retained by Surface Metals and is she related to the company?

The principal and president is Linda Josey, described as an arm’s-length party.

Will the IDR Marketing engagement likely change Surface Metals’ investor communications?

The engagement is intended to provide PR, brand awareness and digital financial marketing to increase the company’s communications and visibility.

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