Recharge Resources Ltd. announced that it has appointed Phillip Thomas as its Chief Operating Officer and a Director of the corporation responsible for the further development of the Company?s Pocitos One Lithium Brine Project (Pocitos 1 or the project) in Salta, Argentina. Phillip is the Company?s Qualified Person for the development of Pocitos 1, and has worked on the project since 2017. He was the author of the NI 43-101 maiden report on Pocitos 1. Phillip commenced working in Argentina in 2003 and has more than 20 years experience, including the exploration and development of the pilot plant at Rincon which was sold in 2008, and again recently to Rio Tinto for USD 825 million.

Phillips initial experience post graduation in geology was in geophysics and mine planning. He then decided to follow a career in resources banking and finance in 1982. He worked for Macquarie Bank, ABN-Amro and actuaries Watson Wyatt.

Phil was Exploration director and CEO of Admiralty Resources NL for six years from 2003-2008 building the Rincon lithium carbonate project, exploring and operating the Vallenar iron ore project in Chile. Rincons mineral estimate was in excess of 1.1m tonnes of lithium carbonate. Phillip was the first geologist to build an operating plant producing lithium carbonate in 2005 after FMC built their plant at Hombre Muerto in 1995.

In 2011 he was part of the Lithea Inc. exploration team (CEO) that produced an indicated and inferred resource estimate for the Pozuelos Salar in Argentina, and subsequently sold the project to LSC Lithium Inc. Ganfeng recently bought the project and Pastos Grandes for $925 million. In 2016 he explored and drilled a number of salares for AIS Resources including Guayatayoc, Salinas Grandes, Pocitos and in 2022 Incahuasi salar.Phil was also involved in funds management and capital raising from 1982-2002. He has gained wide experience in capital raising and valuation methodologies having worked with Macquarie Bank, McIntosh Securities and the then $8 billion VFMC fund (now AUD 74.5 billion).During the last five years he has concentrated on developing the Ekosolve process, a Direct Lithium Extraction process with the University of Melbourne.

Recharge Resources board has decided to use the Ekosolve process on its Pocitos brines as it has achieved 94.92% extraction of lithium and produced 99.89% purity lithium carbonate. Phillip is a Fellow of the Australian Institute of Mining and Metallurgy, Member of the Australian Institute of Geoscientists, a Director and member of the Australasian Institute of Mineral Valuers and Appraisers, and an accredited Certified Mineral Valuer. He has a four year Bachelor of Science degree in Geology from the Australian National University (1979), a Masters Degree in Business with high distinction from Monash University (1991).

Phil is an experienced ASX and TSX corporate director, being Chairman of two boards, strong in geological exploration for lithium brines and in lithium chemistry. He has completed many postgraduate courses in geophysics and geology. He is a Competent Person for ASX JORC in lithium brine style of mineralisation and Qualified Person for NI43-101 reporting.Mr. Thomas replaces Mr. Larry Segerstrom on the board of directors.

Mr. Segerstrom will remain a technical advisor to Recharge. The Company thanks Mr. Segerstrom for his role as a director and looks forward to a continued collaboration.