Vancouver, BC – March 23rd, 2022– Recharge Resources Ltd. (“Recharge” or the “Company”) (RR:
CSE) (SLLTF: OTC) is pleased to announce that it has signed an option agreement (the “Agreement”)
with Spey Resources Corp. (SPEY: CSE) (“Spey”) whereby the Company may acquire up to a 100%
undivided interest in the Pocitos 1 Project, an 800 hectare lithium brine project located just outside of Salta,
Argentina (the “Project”). (See Figure 1 below).