RECHARGE RESOURCES CLOSES $1.28 MILLION PRIVATE PLACEMENT

RECHARGE RESOURCES CLOSES $1.28 MILLION PRIVATE PLACEMENT

Vancouver, BC – June 21, 2022 – Recharge Resources Ltd. (“Recharge” or the “Company”) (RR:
CSE) (SLLTD: OTC) (SL50: Frankfurt)
is pleased to announce it has closed a non-brokered private
placement financing for total gross proceeds of CAD $1,280,049.84 (the “Private Placement”).