Recharge resources news
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Recharge Resources Ltd. About the company. Stable Share Price: RR's share price has been volatile over the past 3 months. Rewards Risk Analysis. Shareholders have been substantially diluted in the past year.
Recharge resources news
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. The Company will issue a further news release notifying shareholders as to when the effective date of the Consolidation will be and the date on which the Company's Common Shares will commence trading on the Canadian Securities Exchange on a consolidated basis. 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. For further information, please contact:. Recharge Resources Ltd. Joel Warawa Phone: E-Mail: info recharge-resources. 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. 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.
January 27, Recharge Resources Adds Hugo M.
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.
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. Hence the capital expenditure and operating costs are anticipated to be substantially reduced. A significant additional benefit is that evaporation ponds are not required, providing a more eco-friendly solution. Recharge successfully completed a drill campaign at Pocitos 1 assaying ppm and over a two-week period averaging ppm Lithium. Further surface pit samples taken from the recently acquired contiguous Pocitos 2 project sampled PPM lithium, the highest lithium value found on the Pocitos salar to date. All three drill holes at the project have had exceptional brine flow rates. Fig 2. Dec, Drilling at Pocitos 1 Click here to view image.
Recharge resources news
See press release dated December 20 th , Complete contract with downhole borehole magnetic resonance geophysics for selected wells. Cuartz drilling converts of the exploration HQ diameter wells to production wells and conducts further flow tests.
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The lithium battery industry is projected to grow. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks. Following completion of the Consolidation, the Company is expected to have approximately 34,, Common Shares issued and outsta nding. You can unsubscribe at any time. These battery metals are commonly used in batteries for electric vehicles, consumer electronics, and other applications. September 20, December 19, New Post. Vancouver, BC, Sept. April 7, Please check your email and follow the instructions in the message to complete the registration process.
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.
November 1, Past Performance. Driven by the demand for electric vehicles. Tweet Share Share Share Share. See full details. Please check your email and follow the instructions in the message to complete the registration process. Miners, battery manufacturers and automakers are. Vancouver, BC, Nov. Please enter your password to sign in. 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. December 8, Announces Appointment of Mr. We respect your privacy. Recharge Resources is uniquely positioned to acquire mining properties to produce numerous battery metals.
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