Recharge Resources Ltd (TSE:RR) has released an update.
Recharge Resources Ltd. has partnered with Eden Capital Markets to facilitate a structured capital raise of CAD$11 – $15 million for the Pocitos Lithium Brine Project in Argentina, enhancing exploration and development efforts. This strategic alliance will not only provide necessary funds but also offer advisory services including debt financing, strategic introductions, and potential ASX listing assistance to bolster the company’s long-term growth. CEO David Greenway emphasizes the importance of ECM’s industry expertise for the project’s success and Recharge’s commitment to sustainable energy resources.
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