Toronto, Ontario--(Newsfile Corp. - le 16 août/August 2023) - Recharge Resources Ltd. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every two (2) pre-consolidated common shares.
As a result, the outstanding shares of the company will be reduced to approximately 34,923,474 common shares.
The name and symbol will not change.
Please note that all open orders will be canceled at the close of business on August 17, 2023. Dealers are reminded to re-enter their orders taking into account the share consolidation.
_________________________________
Recharge Resources Ltd. a annoncé un regroupement de ses actions ordinaires émises et en circulation sur la base d'une (1) action ordinaire post-consolidée pour deux (2) actions ordinaires pré-consolidées.
En conséquence, les actions en circulation de la société seront réduites à environ 34 923 474 actions ordinaires.
Le nom et le symbole ne changeront pas.
Veuillez noter que toutes les commandes en cours seront annulées à la fermeture des bureaux le 17 août 2023. Nous rappelons aux concessionnaires de ressaisir leurs commandes en tenant compte du regroupement des actions.
Trading on a Consolidated Basis/Négociation sur une Base Consolidée :
le 18 août/August 2023
Record Date/Date d’Enregistrement :
le 21 août/August 2023
Anticipated Payment Date/Date de Paiement Prévue :
le 21 août/August 2023
Symbol/Symbole :
RR
NEW/NOUVEAU CUSIP :
756230 30 6
NEW/NOUVEAU ISIN :
CA 756230 30 6 4
Old/Vieux CUSIP & ISIN :
756230207/CA7562302074
you have any questions or require further information please contact Listings at (416) 367-7340 or E-mail: [email protected].
Pour toute question ou information complémentaire, veuillez contacter Listings au 416 367-7340 ou par courriel à: [email protected].
Mar 07, 2023
Recharge Resources Lithium Brine Samples to be Processed Using Ekosolve(TM) DLE Extraction as Pre-Engineering Step for Full Scale Plant to Produce Lithium Chloride at the Pocitos 1, 2 Lithium Brine Project
Recharge Resources Lithium Brine Samples to be Processed Using Ekosolve(TM) DLE Extraction as Pre-Engineering Step for Full Scale Plant to Produce Lithium Chloride at the Pocitos 1, 2 Lithium Brine Project
Recharge Resources Lithium Brine Samples to be Processed Using Ekosolve™ DLE Extraction as Pre-Engineering Step for Full Scale Plant to Produce Lithium Chloride at the Pocitos 1, 2 Lithium Brine Project
VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) --
Recharge Resources Ltd. ("Recharge" or the "Company") (RR: CSE) (RECHF: OTC)
(SL5: Frankfurt)
announced today that its brine samples containing 161ppm lithium taken from the company’s 2022 DDH3 drill program at the Pocitos lithium brine project in Salta, Argentina, have arrived at the Ekosolve™ Testing Facility at the University of Melbourne.
The lithium will now be extracted using the Ekosolve™️ 10 stage extraction, washing and stripping process to produce battery grade lithium chloride, as contemplated as the end product under the offtake LOI between Recharge and Richlink Capital’s clients.
This study will also act as a pre-engineering step for Ekosolve™ Extraction performance and to test recovery, in consideration for full sized plant scale-up of 10,000-20,000 tonnes per year Ekosolve™ Lithium Brine Extraction plant implementation at the Pocitos project, under the company’s technology licensing agreement announced on September 27
th
, 2022.
Figure 1. Recharge’s QP Phil Thomas at Ekosolve™️ Testing Facility – Melbourne, Australia
Please click to view image
The Ekosolve™️ Lithium Solvent Exchange Extraction process can efficiently manage the processing of lithium brines to produce lithium carbonate with a grade higher than 99.2% and a recovery of 97%, far exceeding any ion exchange or adsorption process available to date. Ekosolve™️ is licensed from the University of Melbourne, Australia and Ekosolve Ltd is the exclusive master licensee.
The key advantage of the Ekosolve system is the exceptionally high lithium yield with past yields of 93%-96% and 97.5% of the solvent being reclaimed. Other systems such as adsorption may achieve 72-80% yield, fractional crystallization of 50-70%, and membranes and ion exchange up to 70-90%. In adsorption and ion exchange systems, extra processes may be required to manage the magnesium and boron in the brines whereas this is not an issue with the Ekosolve process. Hence the capital expenditure and operating costs are anticipated to be substantially reduced. A significant benefit, evaporation ponds are not required, providing a more eco-friendly solution.
The study has cost Recharge USD $34,000 and will take place over the next four weeks.
Ekosolve™ pre-engineering studies have shown that provided brine flow exceeds 35,000 megalitres per year, 110ppm lithium content and above have been deemed economic. Recharge successfully completed a 2022 drill campaign at Pocitos 1 assaying 169 PPM and over a two-week period averaging 161 PPM Lithium. Further surface pit samples taken from the recently acquired contiguous Pocitos 2 project sampled 181 PPM lithium, the highest lithium value found on the Pocitos salar to date. All three drill holes at the project have had exceptional brine flow rates.
This is another milestone in the company's endeavour to build up to a 20,000-tonne Ekosolve™ lithium extraction plant at the Pocitos project in order to supply Richlink Capital Pty. Ltd. up to 20,000 tonnes of lithium chloride/carbonate per year, as previously announced under a letter of intent of offtake and with the potential increased size of the resource should improve both the economics and the mine life.
Lithium is selling in the spot market at 362,500 Yuan per tonne or the equivalent of US$52,476 per tonne according to TradingEconomics.com. (March 5
th
, 2023).
As previously announced, the basis for the NI 43-101 report is well underway after Mr. Thomas set up the drill program in Argentina when he was there in November 2022 and again in January 2023 to measure review core, flow rates and assays to create the anticipated NI43-101 compliant report. Thomas, BSc Geol, FAusIMM MAIG, has spent the past 22 years exploring for lithium brines, including building and operating a pilot plant for production at Rincon Salar (sold to Rio Tinto for US$825 Million) as well as he and his team developed the Pozuelos salar, producing an indicated and inferred resource, from four exploration wells. (recently sold to Ganfeng for US$962 million).
CEO, David Greenway stated, "The world needs more lithium and Recharge’s expanded Pocitos Project continues to improve with excellent progress. This is another exciting milestone for Recharge and stakeholders as we move toward our next goals of establishing a NI 43-101 compliant mineral resource, a scoping study of the project and formalising our offtake agreement for lithium chloride and/or carbonate.”
About Pocitos Lithium Brine Project
The Pocitos Project is located approximately 10 km from the township of Pocitos where there is gas, electricity, and internet services. Pocitos (1 &2) is approximately 1,352 hectares and is accessible by road. Collective exploration totaling over USD $2.0 million developing the project, including surface sampling, trenching, TEM geophysics and drilling three holes that had outstanding brine flow results. Locations for immediate follow up drilling have already been designed and identified for upcoming exploration. Our next step is to do a Magnetic Telleric geophysics survey to position the next drill hole. This survey will go down to 1000m.
Lithium values of up to 169 ppm from Laboratory analysis conducted by Alex Stewart were recorded by during the project’s drill campaigns as recent as December 2022. A double packer sampling system in HQ Diamond drill holes drilled to a depth of up to 409 metres. The flow of brine was observed to continue for more than five hours. All holes had exceptional brine flow rates.
Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein.
Mr. Thomas is independent of the company and is NOT a shareholder of Recharge Resources. Mr. Thomas visited the property to view the core between January 15th-22nd 2023 and arrange additional flow tests.
About Recharge Resources
Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with appli
cable securities laws.
Mar 02, 2023
RECHARGE APPROVES SPRING RECON PROGRAM AT GEORGIA LAKE LITHIUM WITH DRILLS ON SITE AT BRUSSELS AND DRILLING PENDING AT THE POCITOS 1 LITHIUM BRINE PROJECT
RECHARGE APPROVES SPRING RECON PROGRAM AT GEORGIA LAKE LITHIUM WITH DRILLS ON SITE AT BRUSSELS AND DRILLING PENDING AT THE POCITOS 1 LITHIUM BRINE PROJECT
RECHARGE APPROVES SPRING RECON PROGRAM AT GEORGIA LAKE LITHIUM WITH DRILLS ON SITE AT BRUSSELS AND DRILLING PENDING AT THE POCITOS 1 LITHIUM BRINE PROJECT
Vancouver, BC, March 02, 2023 (GLOBE NEWSWIRE) --
Recharge Resources Ltd. (
"
Recharge
" or the "Company"
) (RR:
CSE
) (
RECHF
: OTC)
(SL50: Frankfurt)
has approved an initial recon prospecting program at its 100% owned Georgia Lake lithium project in the Thunder Bay Mining Division, Ontario, as a follow up to the previously announced heliborne magnetic survey completed in Q4 2022.
The recon program will start in early spring once weather permits. The program will be carried out over 7-10 days and will include ground truthing and prospecting of several areas that were selected from reviewing the recently acquired airborne magnetic data, as well as a till sampling program to further evaluate the properties for their lithium potential.
The 800-hectare property is immediately contiguous to Rock Tech Lithium Inc’s (RCK–V) (“Rock Tech”) Georgia Lake Lithium Property and located approximately 160 km northeast of Thunder Bay, Ontario, within the Thunder Bay Mining Division.
On October 20
th
, 2022, Mercedes-Benz
(MBGn.DE)
signed a supply agreement with Canadian-German Rock Tech to receive on average 10,000 tonnes of battery-grade lithium hydroxide per year. The deal, which comes shortly after the two groups said they would explore a strategic partnership, has a value over five years of 1.5 billion euros (US$1.47 billion) and will provide enough lithium hydroxide for 150,000 cars a year, the companies said.
CEO, David Greenway, stated, "We are making progress on all fronts across our portfolio of projects including drilling pending at the Pocitos 1 Lithium brine project in Argentina, drills on site at our Brussels Creek and now with an approved ground recon program for 2023 at Georgia Lake Lithium in Ontario.
“We have a near full year of exploration in front of us on our portfolio of advancing assets. We are encouraged by the results of airborne geophysical data at Georgia Lake and look forward to an aggressive spring 2023 field program. Rock Tech signed a major lithium supply agreement with Mercedes-Benz AG and Recharge is committed to advancing its portfolio of assets to the benefit of all stakeholders,” Greenway concluded.
Lithium is selling in the spot market at 382,500 Yuan per tonne or the equivalent of US$55,167 per tonne according to TradingEconomics.com. (February 28
th
, 2023).
Qualified Person
Joerg Kleinboeck, P.Geo (JMK Exploration Consulting) has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Kleinboeck is independent of the Company and is a qualified person as defined under National Instrument 43-101.
Georgia Lake North & West - Lithium Properties – Ontario
The Georgia Lake North and West Properties are located approximately 160 km northeast of Thunder Bay, Ontario, within the Thunder Bay Mining Division. Recharge’s property is contiguous to the North and West boundaries of Rock Tech Lithium’s Georgia Lake Lithium Property and consists of two claim blocks totaling 320 hectares and 432 hectares.
The Rock Tech Lithium Georgia Lake Project is host to several spodumene-bearing pegmatite dykes. Lithium mineralization was discovered in 1955 and subsequently explored by several historic owners. Rock Tech’s property hosts an NI 43-101 Mineral Resource, as reported in Rock Tech’s Preliminary Economic Assessment filed on Rock Tech’s SEDAR profile, with an effective date of March 15, 2021. The Mineral Resource is summarized in the following table:
Recharge’s management cautions that past results or discoveries on properties in proximity to Recharge may not necessarily be indicative of the presence of mineralization on the Company's properties.
Appointment of Corporate Secretary
Furthermore, the Company has appointed Ms. Natasha Sever to the role of Corporate Secretary replacing Ms. Kelly Pladson. Ms. Sever is also the Company's Chief Financial Officer. Ms. Sever is a CPA designated in both Canada and Australia with a BCom from Edith Cowan University with more than 10 years of experience in senior finance roles over a wide range of industries, including mining, retail and technology. Ms. Sever has held officer positions at a number of publicly listed companies in both Canada and Australia and has a proven record of working in alignment with and to the benefit of the board and associated stakeholders. Her extensive experience with company financings, as well as Toronto Stock Exchange and Australian Securities Exchange regulatory compliance, will serve to ensure the Company manages its affairs in a transparent and proper fashion.
The Company wishes to thank Ms. Pladson for her services and wishes her all the best with her future endeavours.
Social Media Consulting Services
The Company entered into a consulting services agreement with Triomphe Holdings Ltd. of Nanaimo, BC for initial term of 3 months commencing March 1
st
, 2023. The Company has agreed to pay Triomphe Holdings Ltd via the issuance of 135,000 Restricted Share Units.
About Recharge Resources
Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
Feb 27, 2023
RECHARGE RESOURCES EXECUTES OPTION TO ACQUIRE 100% INTEREST IN THE CONTIGUOUS POCITOS 2 LITHIUM BRINE PROJECT AFTER THE SUCCESSFUL 2022 DRILLING AT POCITOS 1 INCREASING THE SIZE OF THE PROJECT AND POTENTIAL RESOURCE BY OVER 65%
RECHARGE RESOURCES EXECUTES OPTION TO ACQUIRE 100% INTEREST IN THE CONTIGUOUS POCITOS 2 LITHIUM BRINE PROJECT AFTER THE SUCCESSFUL 2022 DRILLING AT POCITOS 1 INCREASING THE SIZE OF THE PROJECT AND POTENTIAL RESOURCE BY OVER 65%
RECHARGE RESOURCES EXECUTES OPTION TO ACQUIRE 100% INTEREST IN THE CONTIGUOUS POCITOS 2 LITHIUM BRINE PROJECT AFTER THE SUCCESSFUL 2022 DRILLING AT POCITOS 1 INCREASING THE SIZE OF THE PROJECT AND POTENTIAL RESOURCE BY OVER 65%
Vancouver, BC, Feb. 27, 2023 (GLOBE NEWSWIRE) --
Recharge
Resources Ltd. (“Recharge”
or the
“Company”)
(RR:
CSE
) (
RECHF
: OTC)
(SL5: Frankfurt)
is pleased to announce it has signed an option agreement (the “Agreement”) with Spey Resources Corp. (“Spey”) whereby the Company may acquire up to a 100% undivided interest in the Pocitos 2 Project, a 532 hectare lithium brine project located just outside of Salta, Argentina and contiguous to the company’s ongoing operations on the Pocitos salar (the “Project”).
Previous surface sampling, trenching and VTEM Geophysics carried out in 2018 suggest the continuity of the targeted lithium brine aquifer continuing from the Pocitos 1 block through the Pocitos 2 block with Pit 10 from trenching on the Pocitos 2 block having the highest trench sample at 181 PPM lithium, the highest lithium value found on the Pocitos salar to date.
Drilling from the Company’s 2022 drill campaign at Pocitos 1 assayed 169 PPM and over a two-week period averaging 161 PPM Lithium. The 2022 well exceeded Recharge’s technical team’s expectations and that of the measured lithium content of the 2018 discovery wells. Pocitos 2 is permitted to drill two additional wells immediately at Recharge’s go ahead.
This is another milestone in the company's endeavour to build up to a 20,000-tonne Ekosolve™ lithium extraction plant at the Pocitos project in order to supply Richlink Capital Pty. Ltd. up to 20,000 tonnes of lithium chloride/carbonate per year, as previously announced under a letter of intent and with the potential increased size of the resource should improve both the economics and the mine life.
Lithium is selling in the spot market at 477,500 Yuan per tonne or the equivalent of US$70,752 per tonne according to TradingEconomics.com. (January 30
th
, 2023).
As previously announced, the basis for the NI 43-101 report is well underway after Mr. Thomas set up the drill program in Argentina when he was there in November 2022 and again in January 2023 to measure review core, flow rates and assays to create the anticipated NI43-101 compliant report. Thomas, BSc Geol, FAusIMM MAIG, has spent the past 22 years exploring for lithium brines, including building and operating a pilot plant for production at Rincon Salar (sold to Rio Tinto for US$825 Million) as well as he and his team developed the Pozuelos salar, producing an indicated and inferred resource, from four exploration wells. (recently sold to Ganfeng for US$962 million).
Mr. Thomas is independent of the company and is NOT a shareholder of Recharge Resources. Mr. Thomas visited the property to view the core between January 15
th
-22
nd
2023.
The acquisition of this additional 532 Ha, with some additional exploratory work, has the potential to increase the size of the resource at Recharge’s Pocitos project by over 65 percent.
CEO and Director, David Greenway states, "
The
w
orld needs more lithium and
Recharge
’
s now larger
Pocitos
P
roject
continues to present that it may be a contributing puzzle piece to this growing concern.
Th
e
future of the
Pocitos
P
roject continues to improve and we couldn’t be more excited by
the continued fantastic
results.
Increasing the footprint
with the highest lithium content assay on the entire salar, with geophysics suggesting the continuation of the target aquifer
is a significant milestone both from the perspective of the potential size of the resource but also as we begin to take in to consideration water disposal after lithium extraction, plant footprint and other engineering milestones going forward.
This is a
fantastic achievement for Recharge and stakeholders as we move toward
o
ur
next
goal
s
of establishing a NI 43-101 compliant
mineral
resource
,
a scoping study
of the project and
formalising our
offtake
agreement
for lithium
carbonat
e
.
”
T
ransaction
Under the terms of the Agreement, Recharge may exercise the Option and earn a 100% undivided interest in the Property, subject only to the Underlying Royalty, by paying to the Optionor cash totaling USD $744,800 and issuing share payments totaling CAD$500,000 based on the table below:
DATE FOR COMPLETION
CASH PAYMENT
SHARE PAYMENT
Issued within 7 days of the execution of the agreement.
$500,000
(1)
On or before June 30, 2023
$744,800
TOTAL
US$744,800
CAD $500,000
(1)
Recharge further agreed with that in the event the Recharge exercises the Option, that it shall, and shall be obligated to, pay an additional CAD$500,000 in cash or shares
1
(the determination as to whether to pay such payment in cash or shares being within Recharge’s discretion) to Spey within 18 months of the date of execution.
A royalty of 7.5% of the FOB price of lithium carbonate or other lithium compounds sold on the Project shall remain payable pursuant to an underlying agreement.
All common shares issued under the Agreement will be subject to a 4 month hold period under applicable Canadian securities laws.
About Pocitos 1 Lithium Brine Project
The Pocitos Project is located approximately 10km from the township of Pocitos where there is gas, electricity, and internet services. Pocitos is approximately 1,352 hectares and is accessible by road. Collective exploration totaling over USD $2.0 million developing the project, including surface sampling, trenching, TEM geophysics and drilling three holes that had outstanding brine flow results. Locations for immediate follow up drilling have already been designed and identified for upcoming exploration.
Lithium values of up to 169 ppm from Laboratory analysis conducted by Alex Stewart were recorded by during the project’s drill campaigns as recent as December 2022. A double packer sampling system in HQ Diamond drill holes drilled to a depth of up to 409 metres. The flow of brine was observed to continue for more than 5 hours. All holes had exceptional brine flow rates.
Qualified Person
Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein.
About
Recharge
Resources
Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
1
Issued at the Market Price of the common shares on the date of issuance (such term as defined in the policies of the Canadian Securities Exchange).
Feb 21, 2023
RECHARGE RESOURCES PLANS CSAMT SURVEY TO DEPTH 500M FOR DDH4 DRILL HOLE AND PRODUCTION WELLS AT POCITOS 1 LITHIUM SALAR
RECHARGE RESOURCES PLANS CSAMT SURVEY TO DEPTH 500M FOR DDH4 DRILL HOLE AND PRODUCTION WELLS AT POCITOS 1 LITHIUM SALAR
RECHARGE RESOURCES PLANS CSAMT SURVEY TO DEPTH 500M FOR DDH4 DRILL HOLE AND PRODUCTION WELLS AT POCITOS 1 LITHIUM SALAR
Vancouver, BC, Feb. 21, 2023 (GLOBE NEWSWIRE) --
Recharge
Resources Ltd. (“Recharge” or the “Company”) (RR:
CSE
) (
RECHF
: OTC)
(SL5: Frankfurt)
is pleased to announce the Company has engaged with Quantec Geoscience Argentina S.A. (
“
Quantec
”
) to provide a Controlled-Source Magnetotellurics (
“CSAMT”
) audio-telleric geophysical survey subject to scheduling in March or April 2023 to delineate the lithology and potential aquifers on its 800 ha property down to depth of 500m at the flagship Pocitos 1 Lithium Brine Project in Salta, Argentina.
Figure 1. CSAMT Survey
The additional geophysics data will greatly assist in identifying the characteristics of the lithology, and low resistivity areas usually containing brines. Geologists and gas specialists are planning to capture the gas to determine its chemical make up and origin (whether it is hydrocarbon originated or “air pockets” which the initial investigation indicated. They will also try to stabilize the NQ drill rod and conduct a flow test using a 2-inch submersible pump. The phreatic brine level is at the surface and can be pumped in less than 50 metres.
The lithium analysis conducted when the hole was completed and two weeks later was 161 and 164 ppm respectively of lithium sufficient for the Ekosolve DLE lithium process to accept a sample for test processing.
This is another planned milestone in the company's endeavour to build up to a 20,000-tonne lithium extraction Ekosolve plant at its Pocitos 1 project in order to supply Richlink Capital Pty. Ltd.'s battery materials clients up to 20,000 tonnes of lithium chloride/carbonate per year as previously announced under letter of intent.
Lithium is selling in the spot market at 472,500 yuan per tonne, or the equivalent of $69,252 (U.S.) per tonne, according to TradingEconomics.com (February 13th, 2023).
CEO and director, David Greenway states “
W
ith t
hree
existing d
r
ill holes in plac
e, t
his new
drill
ing
and this CSAMT audio-telleric geophysical survey will all
contribute to
establishing an NI 43-101
mineral
resource
estimate
.
We have
benefitted greatly from
a
Argentinian
geological team which has empowered us
continue to make progress towards our next goal of establishing a NI 43-101 compliant
mineral
resource
,
then
a scoping study
of the project and,
working
with our
C
hinese offt
ake
partners and
investors for
lithium
chloride
products
for the
Pocitos
1
P
roject
.
"
About Pocitos 1 Lithium Brine Project
The Pocitos Project is located approximately 10km from the township of Pocitos where there is gas, electricity, mobile telephone and internet services. Pocitos I is approximately 800 hectares and is accessible by road. Previous exploration teams have spent over USD $1.5 million exploring the project, including surface sampling, trenching, TEM geophysics and drilling two 400m holes that had outstanding brine flow results. Locations for immediate follow up drilling have already been designed and identified for upcoming exploration.
Lithium values of up to 125 ppm from Laboratory analysis conducted by Alex Stewart were recorded by A.I.S. Resources Ltd (“AIS”) during the project’s first drill campaign in May 2018. AIS used a double packer sampling system in HQ Diamond drill holes drilled to a depth of 409 metres. The flow of brine was observed to continue for more than 5 hours. Both drill holes had exceptional brine flow rates. Recharge's plan is to drill a third production ready drill hole to work towards a NI 43-101 mineral resource calculation.
Qualified Person
Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI 43-101 regulations, a Fellow of the Australian Institute of Mining and Metallurgy, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Thomas does not own any shares in Recharge Resources Ltd.
Engagement of Marketing Service Provider
The Company announces it has engaged Mining Investor Resources Media Ltd., doing business as MiningIR.com(“MIR”), to provide the Company with investor marketing services through mining and resource news, lead generation services, social media services, and information company profile page beginning February 15, 2023, subject to the terms of the service agreement (the “MIR Agreement”) executed between the Company and MIR. Pursuant to the terms of the MIR Agreement, MIR will be paid an aggregate cash amount of CDN $39,000 for its services.
About
Recharge
Resources
Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
All Stakeholders are encouraged to follow the company on its social media profiles on
LinkedIn
, Twitter,
Facebook
and Instagram.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans,
expectations,
or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
###
Feb 08, 2023
RECHARGE RESOURCES ANNOUNCES ADDITION OF MR. BILL MACDONALD, AN EXPERIENCED SECURITIES AND CORPORATE FINANCE LAWYER TO ITS BOARD OF ADVISORS
RECHARGE RESOURCES ANNOUNCES ADDITION OF MR. BILL MACDONALD, AN EXPERIENCED SECURITIES AND CORPORATE FINANCE LAWYER TO ITS BOARD OF ADVISORS
RECHARGE RESOURCES ANNOUNCES ADDITION OF MR. BILL MACDONALD, AN EXPERIENCED SECURITIES AND CORPORATE FINANCE LAWYER TO ITS BOARD OF ADVISORS
Vancouver, BC, Feb. 08, 2023 (GLOBE NEWSWIRE) --
Recharge
Resources Ltd. (“Recharge” or the “Company”) (RR:
CSE
) (
RECHF
: OTC)
(SL5: Frankfurt)
is pleased to announce the appointment of Mr. Bill Macdonald to the Company's Advisory Board.
William (Bill) Macdonald is a successful securities and corporate finance lawyer operating in North Vancouver, Canada. Mr. Macdonald has been, and continues to be, a director and/or officer of numerous publicly traded companies listed on Canadian stock exchanges in a variety of industries. Mr. Macdonald is the former Chairman of the Board of Canucks Autism Network, a non-profit organization that provides recreation and social programs throughout British Columbia for individuals and their families who are living with Autism Spectrum Disorder (ASD). Mr. Macdonald has been a member of the Law Society of British Columbia since February 1998, and a member of the New York State Bar since February 2002.
Mr. Macdonald comments, “I am looking forward to working with the team at Recharge. I believe there to be great things in store for Recharge in the future, and I am happy to be a part of this journey at this pivotal time for the Company.”
Mr. David Greenway, Recharge’s CEO states, "Bill's vast experience working with high growth companies, such as Recharge, will certainly come in handy as we continue to grow and raise the capital needed to be a successful company with our growing portfolio of copper, gold and battery metal assets. Bill has advised many public companies, both large and small, successfully navigating financing and securities issues for them. He will be critical for the next phase of our proposed exploration and development plans."
About
Recharge
Resources
Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
Feb 06, 2023
RECHARGE RESOURCES' 2023 DRILLING CAMPAIGN AT POCITOS 1 LITHIUM BRINE PROJECT PLANS ANOTHER MILESTONE UNDER OFFTAKE LOI TO SUPPLY UP TO 20,000 TONNES PER YEAR OF LITHIUM CARBONATE EQUIVALENT
RECHARGE RESOURCES' 2023 DRILLING CAMPAIGN AT POCITOS 1 LITHIUM BRINE PROJECT PLANS ANOTHER MILESTONE UNDER OFFTAKE LOI TO SUPPLY UP TO 20,000 TONNES PER YEAR OF LITHIUM CARBONATE EQUIVALENT
RECHARGE RESOURCES’ 2023 DRILLING CAMPAIGN AT POCITOS 1 LITHIUM BRINE PROJECT PLANS ANOTHER MILESTONE UNDER OFFTAKE LOI TO SUPPLY UP TO 20,000 TONNES PER YEAR OF LITHIUM CARBONATE EQUIVALENT
Vancouver, BC, Feb. 06, 2023 (GLOBE NEWSWIRE) --
Recharge
Resources Ltd. (“Recharge” or the “Company”)
(RR:
CSE
) (
RECHF
: OTC)
(SL5: Frankfurt)
announces the Company has applied to Argentina’s Department of Mines for Recharge to drill a fourth hole after the success of the now three previous holes hitting the targeted lithium bearing brine aquifers at its “Pocitos 1” Lithium Brine project in Salta, Argentina.
The position of the next drill hole has been positioned to maximize the size of the potential resource using the previously completed TEM geophysics and drilling data.
As previously announced, the basis for the NI 43-101 report is well underway after Mr. Thomas set up the drill program in Argentina when he was there in November 2022 and again in January 2023 to measure and review core, flow rates and assays to create the anticipated NI 43-101 compliant report. Thomas, BSc Geol, FAusIMM MAIG, has spent the past 22 years exploring for lithium brines, including building and operating a pilot plant for production at Rincon Salar (sold to Rio Tinto for US$825 Million) as well as he and his team developed the Pozuelos salar, producing an indicated and inferred resource, from four exploration wells. (Pozuelos was recently sold in 2022 to Ganfeng for US$962 million). Mr. Thomas is independent of the Company and is not a shareholder of Recharge.
This is another planned milestone in the Company’s endeavour to build up to a 20,000-tonne lithium extraction Ekosolve™ plant at its Pocitos 1 Project in order to supply Richlink Capital Pty Ltd battery materials clients up to 20,000 tonnes of lithium chloride/carbonate per year as previously announced under letter of intent. Their clients were given an update in China on plans and progress Recharge has made.
Lithium is selling in the spot market at 477,500 Yuan per tonne or the equivalent of US$70,752 per tonne according to TradingEconomics.com. (January 30
th
, 2023).
Stakeholders are encouraged to visit the company’s website to learn more about
Ekosolve™.
CEO and Director, David Greenway states, "
The
world
needs more lithium
battery materials
and Pocitos 1 continues to present that it may be
a significant
contribut
or to the supply
puzzle
being solved by Gigafactories of lithium product.
The future of the
Pocitos
1
P
roject continues to improve and we couldn’t be more excited by these results. The recent results have achieved a consistent lithium concentration 40 ppm higher than what was previously recorded with substantial brine flow. Our next goal of establishing a NI 43-101 compliant mineral resource, a scoping study of the project and formalising our offtake agreement for lithium carbonate is getting closer.”
Video of Pocitos drilling with exceptional flow rate (2022
and 2018
Drilling)
Fig 1. Dec, 2022 Drilling at Pocitos 1
Fig 2. 2018 Drilling at Pocitos 1
Fig 3. 2018 Drilling at Pocitos 1
About Pocitos 1 Lithium Brine Project
The Pocitos 1 Project is located approximately 10km from the township of Pocitos where there is gas, electricity, and internet services. Pocitos I is approximately 800 hectares and is accessible by road. Previous exploration teams have spent over USD $1.5 million exploring the project, including surface sampling, trenching, TEM geophysics and drilling two 400m holes that had outstanding brine flow results. Locations for immediate follow up drilling have already been designed and identified for upcoming exploration.
Lithium values of up to 125 ppm from Laboratory analysis conducted by Alex Stewart were recorded by A.I.S. Resources Ltd (“AIS”) during the project’s first drill campaign in May 2018. AIS used a double packer sampling system in HQ Diamond drill holes drilled to a depth of 409 metres. The flow of brine was observed to continue for more than 5 hours. Both drill holes had exceptional brine flow rates. Recharge's plan is to drill a third production ready drill hole to work towards a NI 43-101 mineral resource calculation.
Qualified Person
Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein.
About
Recharge
Resources
Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
Vancouver, BC, Jan. 31, 2023 (GLOBE NEWSWIRE) --
Recharge
Resources Ltd. (“Recharge” or the “Company”)
(RR:
CSE
) (
RECHF
: OTC)
(SL5: Frankfurt)
is pleased to announce the Company’s 2022 Pocitos 1 drill hole, which intercepted the 2018 lithium brine discovery aquifer, has flowed for a 2-week period and assayed at an average of 161 PPM lithium showing consistent flow and grade of lithium content from the target aquifers at 343 and 363m.
These additional assays over a two-week period from the 2022 well again exceeded that of the measured lithium content of the 2018 discovery wells. This is another planned milestone in the company’s endeavour to build up to a 20,000-tonne lithium extraction plant at Pocitos 1 project in order to supply Richlink Capital Pty Ltd up to 20,000 tonnes of lithium chloride/carbonate per year as previously announced under letter of intent.
Fig 1. Dec, 2022 Drilling at Pocitos 1
Fig 2. 2018 Drilling at Pocitos 1
Fig 3. 2018 Drilling at Pocitos 1
Lithium is selling in the spot market at 477,500 Yuan per tonne or the equivalent of US$70,752 per tonne according to TradingEconomics.com. (January 30
th
, 2023)
As previously announced, the basis for the NI 43-101 report is well underway after Mr. Thomas set up the drill program in Argentina when he was there in November 2022 and again in January 2023 to measure review core, flow rates and assays to create the anticipated NI43-101 compliant report. Thomas, BSc Geol, FAusIMM MAIG, has spent the past 22 years exploring for lithium brines, including building and operating a pilot plant for production at Rincon Salar (sold to Rio Tinto for US$825 Million) as well as he and his team developed the Pozuelos salar, producing an indicated and inferred resource, from four exploration wells. (recently sold to Ganfeng for US$962 million). Mr. Thomas is independent of the company and is NOT a shareholder of Recharge Resources.
Fig. 4 Phillip Thomas visited the property to view the core between January 15
th
-22
nd
2023.
Five litres of brine were collected to be sent to University of Melbourne for testing to ascertain the recovery that has been as high as 97% using the EkoSolve™ processing system. These were especially prepared for transit.
CEO and Director, David Greenway states, "
The
w
orld needs more lithium and Pocitos 1 continues to present that it may be a contributing puzzle piece to this growing concern.
Th
e
future of the
Pocitos
1
P
roject continues to improve and we couldn’t be more excited by these results.
This is a great result as we have achieve
d
a
consistent
lithium concentration 40
ppm higher than was previously recorded but wi
th
substantial brine flow
. Our
next goal of establishing a NI 43-101 compliant
mineral
resource
,
a scoping study
of the project and
formalising our
offtake
agreement
for lithium
carbonate is getting closer
.
”
About Pocitos 1 Lithium Brine Project
The Pocitos 1 Project is located approximately 10km from the township of Pocitos where there is gas, electricity, and internet services. Pocitos I is approximately 800 hectares and is accessible by road. Previous exploration teams have spent over USD $1.5 million exploring the project, including surface sampling, trenching, TEM geophysics and drilling two 400m holes that had outstanding brine flow results. Locations for immediate follow up drilling have already been designed and identified for upcoming exploration.
Lithium values of up to 125 ppm from Laboratory analysis conducted by Alex Stewart were recorded by A.I.S. Resources Ltd (“AIS”) during the project’s first drill campaign in May 2018. AIS used a double packer sampling system in HQ Diamond drill holes drilled to a depth of 409 metres. The flow of brine was observed to continue for more than 5 hours. Both drill holes had exceptional brine flow rates. Recharge's plan is to drill a third production ready drill hole to work towards a NI 43-101 mineral resource calculation.
Qualified Person
Phillip Thomas, BSc Geol, MBusM, FAusIMM, MAIG, MAIMVA, (CMV), a Qualified Person as defined under NI43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein.
About
Recharge
Resources
Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.
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COMPENSATION
Pursuant to an agreement between TD Media LLC and Awareness Consulting Network LLC, TD Media LLC has been hired for a period beginning on 08/17/2021 and ending on 08/30/2021 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid forty five thousand dollars USD. We own zero shares of (RECHF:US) (RR:CA)
Pursuant to an agreement between TD Media LLC and Awareness Consulting Network LLC, TD Media LLC has been hired for a period beginning on 08/17/2021 and ending on 08/30/2021 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid forty five thousand dollars USD. Pursuant to an agreement between TD Media LLC and Recharge Resources Ltd., TD Media LLC has been hired for a period beginning on 03/14/2022 and ending on 04/08/2022 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid an additional three hundred fifty thousand dollars USD. To date we have been paid three hundred ninety five thousand dollars USD to disseminate information about (RECHF:US) (RR:CA) via digital communications. We own zero shares of (RECHF:US) (RR:CA).
Pursuant to an agreement between TD Media LLC and Awareness Consulting Network LLC, TD Media LLC has been hired for a period beginning on 08/17/2021 and ending on 08/30/2021 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid forty five thousand dollars USD. Pursuant to an agreement between TD Media LLC and Recharge Resources Ltd., TD Media LLC has been hired for a period beginning on 04/11/2022 and ending on 11/17/2022 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid an additional one hundred thousand dollars USD. To date we have been paid four hundred ninety five thousand dollars USD to disseminate information about (RECHF:US) (RR:CA) via digital communications. We own zero shares of (RECHF:US) (RR:CA).
Pursuant to an agreement between TD Media LLC and Awareness Consulting Network LLC, TD Media LLC has been hired for a period beginning on 08/17/2021 and ending on 08/30/2021 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid forty five thousand dollars USD. Pursuant to an agreement between TD Media LLC and Recharge Resources Ltd., TD Media LLC has been hired for a period beginning on 02/21/2023 and ending on 03/03/2023 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid an additional three hundred fifty thousand dollars USD. To date we have been paid eight hundred forty five thousand dollars USD to disseminate information about (RECHF:US) (RR:CA) via digital communications. We own zero shares of (RECHF:US) (RR:CA).
Pursuant to an agreement between TD Media LLC and Awareness Consulting Network LLC, TD Media LLC has been hired for a period beginning on 08/17/2021 and ending on 08/30/2021 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid forty five thousand dollars USD. Pursuant to an agreement between TD Media LLC and Recharge Resources Ltd., TD Media LLC has been hired for a period beginning on 03/20/2023 and ending on 03/20/2023 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid an additional two hundred fifty thousand dollars USD. To date we have been paid one million ninety five thousand dollars USD to disseminate information about (RECHF:US) (RR:CA) via digital communications. We own zero shares of (RECHF:US) (RR:CA).
Pursuant to an agreement between TD Media LLC and Awareness Consulting Network LLC, TD Media LLC has been hired for a period beginning on 08/17/2021 and ending on 08/30/2021 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid forty five thousand dollars USD. Pursuant to an agreement between TD Media LLC and Recharge Resources Ltd., TD Media LLC has been hired for a period beginning on 06/09/2023 and ending on 06/09/2023 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid an additional one hundred thousand dollars USD. To date we have been paid one million one hundred ninety five thousand dollars USD to disseminate information about (RECHF:US) (RR:CA) via digital communications. We own zero shares of (RECHF:US) (RR:CA).
Pursuant to an agreement between TD Media LLC and Awareness Consulting Network LLC, TD Media LLC has been hired for a period beginning on 08/17/2021 and ending on 08/30/2021 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid forty five thousand dollars USD. Pursuant to an agreement between TD Media LLC and Recharge Resources Ltd., TD Media LLC has been hired for a period beginning on 10/09/2023 and ending on 10/20/2023 to publicly disseminate information about (RECHF:US) (RR:CA) via digital communications. We have been paid an additional two hundred thousand dollars USD. To date we have been paid one million three hundred ninety five thousand dollars USD to disseminate information about (RECHF:US) (RR:CA) via digital communications. We own zero shares of (RECHF:US) (RR:CA).