RECHARGE RESOURCES ANNOUNCES ADDITION OF MR. BILL MACDONALD, AN EXPERIENCED SECURITIES AND CORPORATE FINANCE LAWYER TO ITS BOARD OF ADVISORS

Rhea-AI Summary

Recharge Resources Ltd. has announced the appointment of Mr. Bill Macdonald to its Advisory Board. Macdonald, a seasoned lawyer with extensive experience in corporate finance, aims to assist Recharge as it navigates capital raising and growth in its portfolio focused on copper, gold, and battery metals. CEO David Greenway highlighted Macdonald's valuable experience with public companies will be crucial for upcoming exploration and development efforts.

Recharge Resources is dedicated to exploring and developing high-value battery metals essential for the growing electric vehicle market.

Positive

• Appointment of Bill Macdonald to the Advisory Board adds significant legal and corporate finance expertise.
• Macdonald's previous experience with public companies will aid in capital raising efforts.
• Focus on copper, gold, and battery metals aligns with market demand for green energy solutions.

Negative

• None.

Vancouver, BC, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Recharge Resources Ltd. (“Recharge” or the “Company”) (RR: CSE) (RECHF: OTC) (SL5: Frankfurt) is pleased to announce the appointment of Mr. Bill Macdonald to the Company's Advisory Board.

William (Bill) Macdonald is a successful securities and corporate finance lawyer operating in North Vancouver, Canada. Mr. Macdonald has been, and continues to be, a director and/or officer of numerous publicly traded companies listed on Canadian stock exchanges in a variety of industries.  Mr. Macdonald is the former Chairman of the Board of Canucks Autism Network, a non-profit organization that provides recreation and social programs throughout British Columbia for individuals and their families who are living with Autism Spectrum Disorder (ASD). Mr. Macdonald has been a member of the Law Society of British Columbia since February 1998, and a member of the New York State Bar since February 2002.

Mr. Macdonald comments, “I am looking forward to working with the team at Recharge. I believe there to be great things in store for Recharge in the future, and I am happy to be a part of this journey at this pivotal time for the Company.”

Mr. David Greenway, Recharge’s CEO states, "Bill's vast experience working with high growth companies, such as Recharge, will certainly come in handy as we continue to grow and raise the capital needed to be a successful company with our growing portfolio of copper, gold and battery metal assets.  Bill has advised many public companies, both large and small, successfully navigating financing and securities issues for them.  He will be critical for the next phase of our proposed exploration and development plans."

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.

All Stakeholders are encouraged to follow the company on its social media profiles on LinkedIn, Twitter, Facebook and Instagram.

On Behalf of the Board of Directors,

“David Greenway”

David Greenway, CEO

For further information, please contact:

Recharge Resources Ltd.
Mr. Joel Warawa
Phone: 778-588-5473
E-Mail: info@recharge-resources.com
Website: recharge-resources.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding Recharge’s intention to continue to identify potential transactions and make certain corporate changes and applications. Forward looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits Recharge will obtain from them. These forward-looking statements reflect managements’ current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause actual results to differ materially from those expressed or implied by the forward-looking statements, including Recharge’s results of exploration or review of properties that Recharge does acquire. These forward-looking statements are made as of the date of this news release and Recharge assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements, except in accordance with applicable securities laws.

FAQ

Who is Bill Macdonald in relation to Recharge Resources?

Bill Macdonald has been appointed to the Advisory Board of Recharge Resources, bringing his expertise in securities and corporate finance.

What role will Bill Macdonald play at Recharge Resources?

Macdonald will assist Recharge in navigating capital raising and growth strategies related to its mining assets.

What are Recharge Resources' primary areas of focus?

Recharge Resources focuses on developing high-value battery metals, particularly for the electric vehicle market.

Why is the appointment of Bill Macdonald important for Recharge Resources?

His extensive experience with public companies can provide guidance in financing and navigating the capital markets.

What is the stock symbol for Recharge Resources?

The stock symbol for Recharge Resources is RECHF.