Vancouver, British Columbia — August 14th, 2023 — Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) announces the company has mutually terminated its option agreement (the “Agreement”) with Spey Resources Corp.(“Spey”) to acquire the Pocitos 1 Project (the “Pocitos 1 or “Project”).