ExGen Resources signs deal to acquire lithium properties in Nevada, expanding its stake in a key US lithium hub.

ExGen Resources Inc. has signed a purchase agreement to acquire interests in three lithium properties in Nevada, including the Spark South, Libra, and Augusta projects. This acquisition significantly expands ExGen's presence in Nevada, a major lithium-producing region critical to the electric vehicle supply chain. The properties are adjacent to Surge Battery Metals' high-grade Nevada North Lithium Project, which has a large lithium resource and is undergoing advanced development. The deal includes issuing shares, cash payments, and exploration commitments, pending TSX Venture Exchange approval. This move positions ExGen to capitalize on growing investor interest and development in Nevada's lithium industry.