(TheNewswire)
Vancouver, BC – TheNewswire - April 19 th , 2022 - Recharge Resources Ltd.(“Recharge” or the “Company”) (CSE:RR) (CNSX:RR.CN) (OTC:SLLTF) (Frankfurt:SL5) is pleased to announce it hasstrengthened its senior advisory board with the addition of Mr. HugoM. Kotar who will assist and advise Recharge on its portfolio ofhighly prospective battery metals projects as well as corporatefinance initiatives and strategic partnerships.
Mr. Kotar is a co-founder of International BatteryMetals Ltd. (IBAT – CSE) (formerly Rheingold Resources RGE - CSE)that now boasts over $800 Million market cap value and is focused onlithium extraction. Mr. Kotar is a managing partner of KP Capital andhas over 23 years of Capital Markets experience. A former VicePresident of Canaccord and PI Financial, Mr. Kotar has raised over $25million for growth companies and more recently was appointed directorof corporate finance of battery metals company METL Mining Ltd. Hugoholds a BA in Economics from McGill University.
CEO and director, Yari Nieken, states, "We welcome Mr. Kotar and his wealthof experience in both corporate finance and the battery metals mining.Mr. Kotar is the first addition to the team’s senior advisory boardas we continue to advance our Pocitos 1 lithium salar and our advancednickel and copper-gold assets towards NI 43-101 resource establishmentand economic assessment.”
About Recharge Resources
Recharge Resources is a Canadian mineral explorationcompany focused on exploring and developing the production ofhigh-value battery metals to create green, renewable energy to meetthe demands of the advancing electric vehicle and fuel cell vehiclemarket.
On Behalf of the Board of Directors,
“Yari Nieken”
Yari Nieken, CEO
For further information, pleasecontact:
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 itsRegulation Services Provider (as that term is defined in the policiesof the CSE) accepts responsibility for the adequacy or accuracy ofthis release.
Disclaimer for Forward-LookingInformation
Certain statements in this releaseare forward-looking statements, which reflect the expectations ofmanagement regarding Recharge’s intention to continue to identifypotential transactions and make certain corporate changes andapplications. Forward looking statements consist of statements thatare not purely historical, including any statements regarding beliefs,plans, expectations or intentions regarding the future. Suchstatements are subject to risks and uncertainties that may causeactual results, performance or developments to differ materially fromthose contained in the statements. No assurance can be given that anyof the events anticipated by the forward-looking statements will occuror, if they do occur, what benefits Recharge will obtain from them.These forward-looking statements reflect managements’ current viewsand are based on certain expectations, estimates and assumptions whichmay prove to be incorrect. A number of risks and uncertainties couldcause actual results to differ materially from those expressed orimplied by the forward-looking statements, including Recharge’sresults of exploration or review of properties that Recharge doesacquire. These forward-looking statements are made as of the date ofthis news release and Recharge assumes no obligation to update theseforward-looking statements, or to update the reasons why actualresults differed from those projected in the forward-lookingstatements, except in accordance with applicable securitieslaws.
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