le&nbsp;16&nbsp;août/August 2023

	Recharge Resources Ltd.&nbsp;has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every two&nbsp;(2) pre-consolidated common shares.

	As a result, the outstanding shares of the company will be reduced to approximately 34,923,474&nbsp;common shares.

	The name and symbol will not change.

	Please note that all open orders will be canceled at the close of business on August 17, 2023. Dealers are reminded to re-enter their orders taking into account the share consolidation.

	_______________________

	Recharge Resources Ltd. a annoncé un regroupement de ses actions ordinaires émises et en circulation sur la base d'une (1) action ordinaire post-consolidée pour deux&nbsp;(2) actions ordinaires pré-consolidées..

	En conséquence, les actions en circulation de la société seront réduites à environ 34 923&nbsp;474&nbsp;actions ordinaires.

	Le nom et le symbole ne changeront pas.

	Veuillez noter que toutes les commandes en cours seront annulées à la fermeture des bureaux le 17&nbsp;août 2023. Nous rappelons aux concessionnaires de ressaisir leurs commandes en tenant compte du regroupement des actions.
<table border="1" cellpadding="1" cellspacing="1" >
<tbody>
<tr>
<td>
				Trading&nbsp;on&nbsp;a Consolidated Basis/Négociation&nbsp;sur une Base&nbsp;Consolidée&nbsp;:</td>
<td>
				le 18 août/August 2023</td>
</tr>
<tr>
<td>
				Record Date/Date&nbsp;d’Enregistrement&nbsp;:</td>
<td>
				le 21&nbsp;août/August 2023</td>
</tr>
<tr>
<td>
				Anticipated Payment Date/Date&nbsp;de&nbsp;Paiement&nbsp;Prévue&nbsp;:</td>
<td>
				le 21&nbsp;août/August 2023</td>
</tr>
<tr>
<td>
				Symbol/Symbole&nbsp;:</td>
<td>
				RR</td>
</tr>
<tr>
<td>
				NEW/NOUVEAU&nbsp;CUSIP&nbsp;:</td>
<td>
				756230 30 6</td>
</tr>
<tr>
<td>
				NEW/NOUVEAU&nbsp;ISIN&nbsp;:</td>
<td>
				CA 756230 30 6 4</td>
</tr>
<tr>
<td>
				Old/Vieux&nbsp;CUSIP&nbsp;&amp;&nbsp;ISIN&nbsp;:</td>
<td>
				756230207/CA7562302074</td>
</tr>
</tbody>
</table>

	If you have any questions or require further information please contact Listings at&nbsp;(416) 367-7340&nbsp;or E-mail:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>

	Pour toute question ou information complémentaire, veuillez contacter Listings au 416 367-7340 ou par courriel à:&nbsp;<a href="mailto:Listings@thecse.com">Listings@thecse.com</a>

Recharge Resources Ltd.

2023-0816 – Consolidation - Recharge Resources Ltd. (RR)

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