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Recharge Resources Ltd. (CSE:RR) announces share consolidation

Mining
TSXV:RR
16 May 2022 13:15 (EDT)

Source: Recharge Resources Ltd.

Recharge Resources (RR) plans to consolidate all its issued and outstanding common shares on a ten pre-consolidation to one post-consolidation basis.

Following completion of the consolidation, Recharge Resources will have approximately 13,414,791 common shares issued and outstanding. The company’s CUSIP number and ISIN will change following the consolidation.

Recharge Resources will issue a further news release notifying shareholders of the date of the consolidation.

Recharge Resources is a Canadian mineral exploration company focused on exploring and developing high-value battery metals to meet the demands of the electric vehicle and fuel cell vehicle market.

Recharge Resources Ltd. (RR) is down 16.67 per cent, trading at C$0.025 per share at 1:00 pm ET.

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