Recharge Metals Limited · ASX:REC

Recharge Metals — Merger or Acquisition (February 2026)

14 slides from Recharge Metals's merger presentation, Feb 20, 2026

  1. Slide 1: Acquisition of Sunset Well Project, Eastern Goldfields, WA

    ACQUISITION OF SUNSET WELL PROJECT, EASTERN GOLDFIELDS, WA ACQUISITION OF SUNSET WELL PROJECT EASTERN GOLDFIELDS, WESTERN AUSTRALIA February 2026 ASX:RECFebruary 2026

  2. Slide 2: Disclaimer

    Disclaimer The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial product advice and is not

  3. Slide 3: Indicative Capital Structure Post-Acquisition

    1 Indicative Capital Structure Post-Acquisition Share Price Performance Rights Cash $0.01 95M $6.44M Issue Price Cash at bank (31 Dec 2025) + Placement + 52 week high $0.029, low $0.010 Rights Shares on issue Market Capitalisation Options 1120M $11.20M 157M Exercisable at various dates and prices 1

  4. Slide 4: Board of Directors and Advisors

    Board of Directors and Advisors FELICITY REPACHOLI SAMUEL EKINS BEN VALLERINE MANAGING DIRECTOR EXECUTIVE TECHNICAL DIRECTOR NON-EXECUTIVE DIRECTOR o Geologist with 20+ yrs o Mining executive and geologist o Executive and geologist with 20+ exploration and mining with 20+ yrs international yrs in ex

  5. Slide 5: Sunset Well Project

    Sunset Well Project: 94.5koz Au resource in prime location with scope to grow  Prime position in the prolific Eastern Goldfields  7 gold plants within 100km  Prospero Deposit: 2.87 Mt @ 1.0 g/t Au for 94,500 oz Au1  Historic hits including 36 m @ 2.73 g/t Au from 32m1  10 km Prospero Shear Zone

  6. Slide 6: Prospero Deposit

    Prospero Deposit: Near-surface 94.5koz Au with significant upside 6 1 REC ASX Announcement 20 February 2026; Appendix 1

  7. Slide 7: Greater Prospero Trend

    Greater Prospero Trend: Brownfields targets with multiple high-grade drill results along a 10km long shear zone Prospero within 10km Greater Prospero Trend 1990s RAB on 200m x 50m lines; average depth ~47m Gold anomalism on almost every line1 o 27m @ 1.12g/t Au from 8m o 8m @ 1.55g/t Au from 28m o 4

  8. Slide 8: Flanders Trend

    Flanders Trend: Significant gold results intersected in sparse drilling along highly prospective, sub-parallel shear Flanders Trend parallel to Prospero shear - Greenfields upside Historical Flanders Mine with reported high-grade gold 1988 shallow drilling results1 include: o 8m @ 3.12g/t Au from 8m

  9. Slide 9: Pro-forma Capital Structure

    Pro-forma Capital Structure Pro Forma Capital Structure Existing shares on issue M 256.99 Rights Issue 1 M 205.59 Shares issued under the Acquisition 2,3 M 260.00 Share issued under the Placement 2 M 397.00 Pro forma shares on issue M 1119.58 Pro forma undiluted market capitalisation at the issue pr

  10. Slide 10: Investment Highlights

    Investment Highlights Excellent Location Experienced team Existing Resource Tier One location of WA’s Eastern Enhanced board with technical team 94,500 Oz Prospero resource goldfields. Project is well serviced by that has track record of success provides strong foundation and is infrastructure and p

  11. Slide 11: Transaction Details

    Transaction Details Acquisition Recharge has entered into a binding agreement to acquire 100% of the issued capital in Berma Prospecting Pty Ltd and Glen Huntly Gold Pty Ltd (Target Entities) from the shareholders of each entity (together, the Shareholders) (Proposed Acquisition). The Target Entitie

  12. Slide 12: Thank you

    Thank you For more information Felicity Repacholi Alex Cowie Managing Director Media & Investor Relations felicity@rechargemetals.com.au alexc@nwrcommunications.com.au

  13. Slide 13: Appendix 1: Prospero Mineral Resource Estimate

    Appendix 1: Prospero Mineral Resource Estimate Prospero Gold Resource Table Summary Type 0.5g/t Au cut-off 1.0g/t Au cut-off Au Au Au Au Tonnes Tonnes g/t Ounces g/t Ounces Oxide 1,524,000 1.00 50,200 609,000 1.40 27,900 Transitional 767,000 1.00 25,400 287,000 1.40 13,300 Fresh 576,000 1.00 18,900

  14. Slide 14: Appendix 2: Estimated Mineral Endowment

    Appendix 2: Estimated Mineral Endowment Total Est Measured Indicated Inferred Past Production Endowment Deposit Tonnes Grade Au Tonnes Grade Au Tonnes Grade Au Au Au (Mt) g/t Au (koz) (Mt) g/t Au (koz) (Mt) g/t Au (koz) (koz) (Moz) Gwalia/Leonora1 5.6 3.9 710 76.0 2.7 6,600 24.0 2.0 1,600 5,00017 13

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