Vancouver, BC – March 21, 2023 – Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) announces it has paid USD $500,000, as required by the Company’s option to acquire a 100% interest in the Pocitos 1 Lithium Brine project in Salta, Argentina. The amount was paid in advance of the March 21st 2023 deadline and is the final cash payment required until March 21st , 2027 in order to acquire a 100% interest in the project and will fully vest the Company as an 80% owner in the project.