Vancouver, BC – December 30, 2022 – Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL50: Frankfurt) is pleased to announce that, further to its news release dated December 20, 2022, it has closed an over-subscribed non-brokered private placement for total gross proceeds of CAD $3,974,709.30 (the “Offering”).