Vancouver, BC – December 20, 2022 – Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL50: Frankfurt) is pleased to announce a non-brokered private placement consisting of a minimum of 10,666,666 units of the Company (“Units”) and a maximum of 12,000,000 Units, at a price of $0.30 per Unit, for gross proceeds of a minimum of $3,200,000 and a maximum of $3,600,000 (the “Offering”).