Aclara Resources Inc. is pleased to announce that the Company's shareholders approved an ordinary resolution approving the proposed issuance by the Company of up to 51,303,573 common shares of the Company , on a private placement basis, to certain investors at a price of C$0.70 per Common Share , at a special meeting of shareholders of the Company held on February 13, 2025. The matter voted upon at the Meeting, as [...]
Aclara Resources is pleased to announce that its management information circular and related materials in connection with the special meeting of the shareholders of Aclara is now available on the Company's website as well as under its profile on SEDAR+. The Company today proceeded with the mailing of the Materials for the Meeting to the Shareholders. Meeting Details The Meeting is scheduled for February 13, 2025 at 9:00 [...]
Aclara Resources is pleased to announce that it has received a payment of US$12.5 million from CAP S.A. corresponding to the second tranche of CAP's $29.1 million strategic investment in Aclara's Chilean subsidiary, REE Uno SPA, announced on March 13, 2024, in exchange for a 20% equity participation. REE Uno owns the Penco Module and all of Aclara's mining concessions in Chile. To date, the Company has received two [...]
Aclara Resources is pleased to announce the appointment of Murilo Nagato as Country Manager of its wholly owned Brazilian subsidiary, effective Jan 1, 2025. Aclara's CEO, Ramón Barua, commented: "We are excited to welcome Murilo as our new Country Manager for Brazil. His appointment underscores our commitment to building a world-class team dedicated to fast-tracking the Carina Project. Murilo's extensive experience in [...]
Aclara Resources s pleased to announce the release of a letter to its shareholders from the Company's Chief Executive Officer, Ramón Barúa. Dear Shareholders, 2024 has been a transformative year for Aclara, marked by significant progress in both our strategic and operational initiatives. We are evolving from a mining company to a comprehensive "mine-to-magnet" solution company, developing cutting-edge technologies to [...]
Aclara Resources announced a non-brokered private placement financing of 51,303,573 common shares of the Company for aggregate gross proceeds of US$25,000,001 at a price of C$0.70 per share. The subscription price represents a 41% premium over the closing price of the Common Shares on the Toronto Stock Exchange on the last trading day prior to the date of the announcement of the Private Placement. The Company has entered [...]
Aclara Resources is proud to announce that it has been recognized by the United Nations Global Compact Chile Network for its groundbreaking Circular Mineral Harvesting process. The Company's contribution to advancing the Sustainable Development Goal 6: Clean Water and Sanitation, was honored during the CONECTA 2024 Business Awards in Santiago, Chile, on December 10, 2024, in which it received the third place in the [...]
Aclara Resources Inc. is pleased to announce that its Chilean subsidiary, REE Uno, has been awarded a research, development and innovation grant of US$ 730,000 from the Innovation Management Division of the Chilean Economic Development Agency to implement and further develop a new exploration technology using artificial intelligence models. Combined with Aclara's own investment, the initiative will have total funding of [...]
Aclara Resources Inc. is pleased to announce that it is working with the U.S. Department of Commerce's International Trade Administration, through its SelectUSA program, to conduct a study aimed at identifying the optimal site for Aclara's planned separation facility in the United States . The SelectUSA program fosters business investment that supports economic development and job creation in the United States. To date [...]
Aclara Resources Inc. is pleased to announce the completion of a conceptual engineering study for its rare earths separation project, currently being developed by its U.S.-based subsidiary, Aclara Technologies. The separation flowsheet concept, based on solvent extraction, was developed in collaboration with the Saskatchewan Research Council. This concept provided the foundation for Hatch to complete a Class 5-AACE CAPEX [...]
Aclara Resources Inc. informs that the evaluation process of the Penco Module's Environmental Impact Assessment continues and has now formally received from the Environmental Service Assessment the consolidated report with the observations and questions received from the different agencies involved in the evaluation process. The Company is diligently working to file its response addressing questions and observations [...]
Aclara Resources Inc. is pleased to announce that the Chilean government has unveiled a comprehensive "Industrial Strengthening Plan" for the Biobío region. This plan highlights the Penco Module as one of the key projects selected to bolster the region's future economic growth. The Industrial Strengthening Plan aims to revitalize the Biobío economic landscape, which has faced challenges due to slow economic activity and [...]