Mr. David Greenway reports

RECHARGE RESOURCES LTD. ANNOUNCES RESIGNATION OF PHILLIP THOMAS AS DIRECTOR & COO

Phillip Thomas has resigned from his roles as director and chief operating officer of Recharge Resources Ltd. The company extends its sincere gratitude to Mr. Thomas for his dedicated service and contributions to the growth and development of Recharge Resources.

David Greenway, chief executive officer and director of Recharge Resources, stated: "We appreciate Phil's efforts and dedication in Argentina during his tenure with Recharge. His leadership and expertise have been invaluable to our company's progress. We wish him the very best in his future endeavours."

Recharge is actively exploring opportunities to acquire North American gold assets and remains committed to advancing its Brussels Creek project. The Brussels Creek gold asset is located in the prolific Kamloops mining district of British Columbia, approximately 10 kilometres west of the currently producing New Afton mines (New Gold Inc.), and has shown promising potential. Recharge continues to explore and develop high-value battery metals to support the growing demand for green, renewable energy solutions, particularly in the electric vehicle and fuel cell vehicle markets.

Over the past 24 months, the price of gold has seen a remarkable appreciation, reflecting its enduring value and appeal as a safe-haven asset. This period has been characterized by significant economic and geopolitical changes, which have driven investors to seek the stability and security that gold provides. Starting from an average of $1,750 per ounce in mid-2022, gold prices have steadily climbed, reaching $2,400 per ounce today. This upward trajectory underscores the growing investor confidence in gold as a robust hedge against inflation and market volatility, highlighting its critical role in diversified investment portfolios. The consistent increase in gold prices not only enhances the value of existing gold assets but also underscores the potential profitability of any new gold exploration and development projects, making it an opportune time for companies like Recharge Resources to focus on expanding their gold asset portfolio.

Qualified person

Phillip Thomas, BSc geol, MBusM, FAusIMM, MAIG, MAIMVA (CMV), a qualified person as defined under National Instrument 43-101 regulations, has reviewed the technical information that forms the basis for portions of this news release, and has approved the disclosure herein. Mr. Thomas joined the company in the capacity of COO and director on Nov. 21, 2023. He is a shareholder.

About Recharge Resources Ltd.

Recharge Resources is a Canadian mineral exploration company focused on exploring and developing the production of high-value battery metals to create green, renewable energy to meet the demands of the advancing electric vehicle and fuel cell vehicle market.

We seek Safe Harbor.