Aclara Resources Inc. Advances Key Development Milestones While Securing Capital

Toronto, April 1–2 2026 – Aclara Resources Inc. (TSX: ARA) has progressed on two critical fronts this week: the completion of its first private‑placement tranche and the submission of a comprehensive addendum to the Chilean Environmental Impact Assessment (EIA) for its Penco Module project. These actions signal the company’s growing momentum in the rare‑earths supply chain and its continued commitment to responsible resource development.

1. Successful Closing of Tranche 1 of Private Placement

On April 2 2026, Aclara announced that it had closed Tranche 1 of a private‑placement offering. Although the announcement did not disclose the proceeds or the number of shares sold, the completion of this tranche demonstrates investor confidence in Aclara’s strategy to build a vertically integrated rare‑earths supply chain. The funds will support the development of the company’s flagship projects—including the Carina Project in Brazil and the Penco Module in Chile—and accelerate the deployment of its patented Circular Mineral Harvesting technology.

2. Final Addendum to the Penco Module EIA

A week earlier, Aclara submitted Addendum 3 to the Environmental Assessment Service (SEA) of Chile, marking the final stage of the environmental evaluation for the Penco Module. The addendum incorporates detailed responses to the SEA’s observations, refining engineering designs, enhancing environmental analyses, and outlining adaptive measures to mitigate the impact of the January wildfires in the Biobío Region. By addressing these concerns, Aclara reinforces its reputation for rigorous technical work and deep commitment to the communities and ecosystems surrounding the project.

“As we reach this final stage of the permitting process, we are proud of the progress achieved and excited about what lies ahead for the Penco Module,” said José Augusto Palma, Executive Vice President of Aclara. “The submission of this Exceptional Addendum reflects the rigor of our technical work and our deep commitment to the communities and environment around us.”

The Penco Module is poised to produce significant quantities of heavy rare earths, elements essential for permanent magnets used in clean‑technology applications. Aclara’s approach—leveraging ionic‑clay deposits and its energy‑efficient Circular Mineral Harvesting process—minimizes water consumption and overall environmental impact through recycling and circular‑economy principles.

3. Strategic Context

  • Market Position: With a market capitalization of CAD 742.69 million, Aclara operates in the materials sector on the Toronto Stock Exchange, trading at CAD 3.40 as of March 31 2026. The company’s share price has reached a 52‑week high of CAD 4.65 (October 26 2025) and a low of CAD 0.49 (April 3 2025), indicating volatility but also a robust upside potential as the rare‑earths market continues to evolve.
  • Vertical Integration: Beyond mining, Aclara is expanding downstream with its wholly‑owned subsidiary, Aclara Technologies Inc., which will develop a rare‑earth separation plant in the United States. This facility will process mixed rare‑earth carbonates sourced from Aclara’s projects, producing pure individual rare‑earth oxides for alloy manufacturing.
  • Partnerships: The company’s joint venture with CAP is advancing alloy‑making capabilities, positioning Aclara to supply high‑quality rare‑earth alloys to global customers.

4. Forward‑Looking Outlook

Aclara’s recent capital raise and environmental clearance position it to accelerate drilling and resource development activities at both Carina and Penco. The company’s focus on sustainable extraction—combined with an integrated supply‑chain model—aligns with growing demand for clean‑technology components and the geopolitical impetus to diversify rare‑earth sources. As the industry anticipates supply constraints, Aclara’s projects could play a pivotal role in meeting the global demand for heavy rare earths.

Investors will closely monitor Aclara’s progress in securing Chilean permits, the pace of resource development, and the commercialization of its separation plant. If successful, the company could deliver substantive value to shareholders and stakeholders alike, reinforcing its position as a forward‑looking player in the high‑tech materials sector.