VANCOUVER, BC / August 2, 2023 / Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) announces that following shareholder approval of a consolidation of the common shares of the Company (the “Common Shares”) at the annual general and special meeting of shareholders of the Company held on August 16, 2022, the Company’s issued and outstanding Common Shares will be consolidated on the basis one (1) post-consolidation Common Share for two (2) pre-consolidation Common Shares (the “Consolidation”).