Recharge Resources is pleased to announce that it has closed its previously announced non-brokered private placement of units of the Company for gross proceeds of $ $888,300.07 by the issuance of 12,690,001 Units at a price of $0.07 per Unit. Each Unit is comprised of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one additional [...]
Recharge Resources has announced a consolidation of its issued and outstanding common shares on the basis of one post-consolidated common share for every two pre-consolidated common shares. As a result, the number of outstanding shares will be reduced to approximately 25,428,720 common shares. The name and symbol will not change. Please note that all open orders will be canceled at the close of business on January 30 [...]
Recharge Resources is pleased to provide a comprehensive update on the status of its mineral exploration and development projects, a summary of its equity positions in several publicly traded issuers, and guidance on its strategic plans for the upcoming year. The Company holds equity positions in the following issuers, summarized in the table below: Table 1: Equity Position Trading Issuers Company Name Stock Symbol Stock [...]
Recharge Resources announces that the Company intends to consolidate the common shares in the capital of the Company on the basis of three pre-consolidation Common Shares for every one post-consolidation Common Share. The Company currently has 50,857,441 Common Shares issued and outstanding, and following the Consolidation, the Company will have approximately 16,952,480 Common Shares issued and outstanding, prior to [...]
Recharge Resources is currently conducting a strategic review of multiple uranium projects, including historical deposits and new opportunities within Wyoming and Colorado Plateau regions in the United States, as well as in Canada's prolific Athabasca Basin in Saskatchewan and surrounding areas. Following the Nov 5th U.S. election and the shift to a Republican administration, the Company sees a timely opportunity to [...]
Recharge Resources announces the Company has entered into an agreement with American Salars Lithium to sell its 100% interest in the Pocitos 1 Lithium Brine Project. The terms of the transaction are outlined below. The Company will refocus its attention on its North American assets including its Brussels Creek Gold project, adjacent to New Gold's New Afton Mine, the Pinchi Lake Project, and its Georgia Lake Lithium [...]
Recharge Resources is pleased to announce that it has completed its environmental impact assessment report. This will greatly assist the company in renewing its tenements for the further development of the company's Pocitos One Lithium Brine Project. It is also a baseline study that will be used to provide data to the Mining Department in Salta. The report is titled "Environmental and Social Baseline report for the [...]
Recharge Resources applauds the $15 billion Canadian investment by Honda Canada Inc. into electric vehicle and battery manufacturing in Alliston. This $15 billion initiative not only underscores the growing importance of EVs but also highlights the critical need for lithium in the Province of Ontario burgeoning EV battery supply chain. Recharge is strategically positioned to support this expanding market through its [...]
Recharge Resources is pleased to announce it has entered into a Corporate Advisory Mandate with Eden Capital Markets Pty Ltd, marking a significant step towards the exploration and development of the Pocitos Lithium Brine Project. This mandate highlights Recharge's dedication to progressing its project financing goals, specifically through the structured minimum raise of CAD$11 - $15 million in multiple tranches. This [...]
Recharge Resources Ltd. is pleased to announce the Company has arranged for Jason Van Den Akker, a senior hydrologist and geologist with WSP Australia to visit Pocitos 1 and 2 with Recharge's COO Phil Thomas during the week of March 18, 2024 in preparation for the company's 2024 production diameter drill program for the expansion and upgrading of Recharge's previously announced mineral resource estimate of 760,000 tonnes [...]
Recharge Resources Ltd. is pleased to announce that it has secured drill permits for two wells in the Pocitos 1 block and three wells in the Pocitos 2 block. Negotiations are being finalised with a driller to start the initial five well campaign. Applications have been made to the Ministerio de Produccion y Desarrollo Sustentable? del Gobierno de Salta to drill a total of 6 wells in the Pocitos 1 block of which two will [...]
Recharge Resources Ltd. an established exploration and development company in the lithium and sustainable energy sector, is proud to announce a year of significant accomplishments in 2023 and share its strategic vision and milestones for 2024. 2023: A Year of Remarkable Achievements In 2023 Recharge solidified its position in the exploration lithium market with key advancements in its Pocitos Lithium Brine Projects in [...]
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