RECHARGE RESOURCES ENGAGES JMK EXPLORATION CONSULTING FOR

Vancouver, BC , Oct. 24, 2022 (GLOBE NEWSWIRE) — Recharge Resources Ltd. (“Recharge”) (RR: CSE) (RECHF: OTC) (SL50: Frankfurt) has engaged Joerg Kleinboeck, P.Geo (JMK Exploration Consulting) for data compilation and the organization of an airborne magnetic survey for the company’s Phase 1 Exploration Program at its 100% owned Georgia Lake North and West Lithium Properties which are contiguous to Rock Tech Lithium Inc’s (“Rock Tech”) Georgia Lake Lithium Properties, approximately 160 km northeast of Thunder Bay, Ontario, within the Thunder Bay Mining Division.

On October 20^th, 2022, Rock Tech and Mercedes-Benz AG finalized a supply agreement to supply 10,000 tonnes of lithium. The deal, which comes shortly after the two groups said they would explore a strategic partnership, has a volume of 1.5 billion euros ($1.47 billion) and will cover enough lithium hydroxide for 150,000 cars a year, the companies said.

Lithium is selling in the spot market at 542,500 Yuan per tonne or the equivalent of US$74,891 per tonne according to Trading Economics (October 21^st, 2022).

CEO David Greenway states, “While we continue to advance our two fully-funded drill programs at Brussels Creek and with Pocitos 1 Lithium drilling underway, we are progressing now with JMK Exploration Consulting to explore our Georgia Lake Project. Recharge Resources will plan an air mag survey of the Georgia Lake projects with a goal of identifying the potential for continuity of structure from Rock Tech’s active development at Georgia Lake Project.”

About JMK Exploration

Joerg Kleinboeck P.Geo., owner of JMK Exploration Consulting, is a professional geoscientist with over 20 years of experience in mineral exploration where he has managed early through to advanced staged projects in Canada and the United States. Kleinboeck holds a Bachelor of Science in Geology from Laurentian University and is a member of the Professional Geoscientists Ontario (PGO). He has held…