File: '\\swfile\EmailIn\20250128 120845 Attachment Recharge Resources - News Release Announcing effective date of Share Consolidation - January 2025.docx'

LEGAL_45741657.1

Royal Centre, Suite 1500 1055 West Georgia Street, PO Box 11117

Vancouver, BC

V6E 4N7

RECHARGE RESOURCES ANNOUNCES

EFFECTIVE DATE OF SHARE CONSOLIDATION

Vancouver, BC - January 28, 2025 - Recharge Resources Ltd. ("Recharge" or the "Company") (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) announces, further to its news releases of January 9, 2025 and January 23, 2025, and effective January 31, 2025 the Company will consolidate the common shares in the capital of the Company (the "Common Shares") on the basis of two (2) pre-consolidation Common Shares for every one (1) post-consolidation Common Share (the "Consolidation").

The name of the Company and the trading symbol will remain the same after the Consolidation. The new CUSIP number will be 756230405 and the new ISIN number will be CA7562304054 for the post Consolidation Common Shares.

The Company's post Consolidation Common Shares are expected to begin trading on the Canadian Securities Exchange on or about January 31, 2025. The issued and outstanding number of Common Shares post Consolidation will be approximately 25,428,720.

Letters of transmittal with respect to the Consolidation will be mailed to all registered shareholders of the Company. All registered shareholders will be required to send their respective certificates representing the pre-Consolidation Common Shares along with a properly executed letter of transmittal to the Company's transfer agent, Endeavor Trust Corporation ("Endeavor"), in accordance with the instructions provided in the letter of transmittal. All shareholders who submit a duly completed letter of transmittal along with their respective pre-Consolidation Common Share certificate(s) to Endeavor, will receive a post Consolidation Common Share certificate or Direct Registration Advice representing the post Consolidation Common Shares.

About Recharge Resources

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.

On Behalf of the Board of Directors,

"David Greenway"

David Greenway, CEO

E-Mail: info@recharge-resources.com Website: recharge-resources.com

Neither the Canadian Securities Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: This news release includes certain statements that may be deemed "forward-looking statements". The use of any of the words "anticipate", "continue", "estimate", "expect", "may", "will", "would", "project", "should", "believe" and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this News Release. Actual results could differ materially from those currently anticipated due to a number of factors and risks including various risk factors discussed in the Company's disclosure documents which can be found under the Company's profile on www.sedarplus.ca.