Recharge Resources Appoints Lawrence Segerstrom to Board Amid Uranium Push
Vancouver, BC -- February 11, 2025 -- NewsGenie -- Recharge Resources Ltd. has appointed Lawrence Segerstrom to its Board of Directors. Segerstrom, a Professional Geologist, brings over 40 years of technical, operational, and business experience to the company.
David Greenway, CEO of Recharge Resources, expressed enthusiasm about Segerstrom's appointment, highlighting the opportune time to invest in domestic mining opportunities, especially in the resource-rich Colorado Plateau.
Segerstrom's background includes involvement in significant discoveries, including new resources of more than 750,000 ounces of gold and 60 million ounces of silver with Paramount Gold & Silver (PZG), and new ore reserves totalling 3.4 billion pounds of copper and 3.6 million ounces of gold with Freeport. He holds a M.Sc. in Economic Geology from the University of Arizona, a M.B.A. in Global Management, and is a Qualified Person under Canadian National Instrument 43-101.
Segerstrom stated he is excited to join Recharge and support the review of its uranium properties, emphasizing the company's position to capitalize on opportunities to explore and develop domestic uranium supplies.
Recharge Resources is actively reviewing uranium projects in Wyoming, Utah, Colorado, and New Mexico, as well as in Canada’s Athabasca Basin.
Recent executive orders from President Donald Trump aim to bolster domestic energy production, with implications for the uranium sector, emphasizing the need for a reliable and diversified energy portfolio.
The U.S. imports approximately 40.5 million pounds of U3O8 annually, with only about 5% sourced domestically. Bipartisan legislation aims to prohibit uranium imports from Russia, underscoring the need for secure supply chains.
Amazon's investment in nuclear energy developer X-energy highlights a trend among tech companies seeking clean energy sources, with Google and Microsoft also making moves in the nuclear sector.
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Lawrence Segerstrom, a consulting geologist and a Qualified Person under NI 43-101, has reviewed and approved the technical information in this release.
Recharge Resources focuses on exploring and developing battery metals and uranium for green, renewable energy.