Recharge resources news

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As of the date of this news release, the Company has 69,, Common Shares issued and outstanding. Following completion of the Consolidation, the Company is expected to have approximately 34,, Common Shares issued and outsta nding. No fractional Common Shares shall be issued in connection with the Consolidation. Where the Consolidation would otherwise result in a shareholder of the Company being entitled to a fractional Common Share, the number of post-Consolidation Common Shares issued to such shareholder shall be rounded up to the next greater whole number of Commons Shares if the fractional entitlement is equal to or greater than 0. In calculating such fractional interests, all Common Shares held by a beneficial holder shall be aggregated.

Recharge resources news

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. Battery metals are the raw materials used in the production of batteries such as lithium, nickel, manganese, and graphite. These battery metals are commonly used in batteries for electric vehicles, consumer electronics, and other applications. On top of this, by , the world will buy more passenger electric vehicles than fossil fuel cars. In , demand from EV batteries was 17 kt for lithium, Recharge Resources is uniquely positioned to acquire mining properties to produce numerous battery metals. With high potential exploration projects in three categories of battery metals, including Lithium, Nickel and Cobalt, Recharge Resources is capitalizing on numerous opportunities to enhance the electric vehicle and battery power markets. Lithium-ion batteries LIBs are an advanced battery technology that uses lithium ions as a key component of its electrochemistry. In batteries, lithium ions move from the negative electrode through an electrolyte to the positive electrode during discharge, and back when charging. LIBs have one of the highest energy densities of any battery technology and are currently the dominant technology for electric vehicles. In battery power nickel helps deliver higher energy density and greater storage capacity at a lower cost. Specifically in EVs, nickel battery power provides a longer driving range for vehicles. Gold is used in minute quantities in circuit boards for electric vehicles.

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Recharge Resources Ltd. Vancouver, BC, Jan. These additional assays over a two-week period from the well again exceeded that of the measured lithium content of the discovery wells. January 30 th , As previously announced, the basis for the NI report is well underway after Mr. Thomas set up the drill program in Argentina when he was there in November and again in January to measure review core, flow rates and assays to create the anticipated NI compliant report. These were especially prepared for transit. CEO and Director, David Greenway states, " The w orld needs more lithium and Pocitos 1 continues to present that it may be a contributing puzzle piece to this growing concern. This is a great result as we have achieve d a consistent lithium concentration 40 ppm higher than was previously recorded but wi th substantial brine flow. Our next goal of establishing a NI compliant mineral resource , a scoping study of the project and formalising our offtake agreement for lithium carbonate is getting closer.

Recharge resources news

Vancouver, BC, Oct. Recharge's shareholders would end up owning shares in both Recharge and SpinCo in these proposed proportions. Recharge is targeting December 5 th , as the effective date of the proposed spin-out whereby shareholders of record on that date will receive shares in the new SpinCo.

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Sector Basic Materials. The Company is focused on exploring and developing the production of high-value battery metals to create green, renewable energy. In , demand from EV batteries was 17 kt for lithium, Sign Up To create a free account, please fill out the form below. Post by MarketMakerss on Dec 01, pm. Recharge Resources Project Portfolio Update. Has less than 1 year of cash runway. Load More There is no user registered with this email. July 20, Less than half of directors are independent May Ekosolve Delivers

Now a further pre-engineering step is being completed to produce lithium carbonate from the Pocitos lithium brines. Click here to view image. In adsorption and ion exchange systems, extra processes may be required to manage the magnesium and boron content in the brines whereas this is not an issue with the Ekosolve process.

Forgot password? Joel Warawa Phone: E-Mail: info recharge-resources. In battery power nickel helps deliver higher energy density and greater storage capacity at a lower cost. Announces Ekosolve Delivers The Recharge Resource Advantage. Are You An Accredited Investor? Announces Share Consolidation. The name of the Company and trading symbol will remain the same after the Consolidation. By continuing, you consent to our use of cookies. Kotar who will assist and advise Recharge James and km Read More. March 23, A confirmation email has been sent to your email address. New minor risk - Share price stability Aug