TORONTO, May 6, 2024
/CNW/ - The Annual General Meeting of Shareholders (the
"Meeting") of Aclara Resources Inc. ("Aclara" or the
"Company") (TSX: ARA) was held today in Toronto, Ontario. Each of the matters voted
upon at the Meeting is discussed in detail in the Company's
management information circular dated April
5, 2024 (the "Circular"), which can be found under
the Company's profile on SEDAR+ at www.sedarplus.ca.
The total number of votes cast by shareholders of the Company in
person and by proxy at the Meeting was 104,205,909 votes,
representing 62.62%. Each of the matters put forward before
shareholders for consideration and approval at the Meeting, as
described in the Circular, was duly approved by the requisite
number of votes. These matters included the election of directors
and the appointment of the auditor. The voting results are detailed
below:
1. Election of Directors
|
Name of
Nominee
|
|
Votes FOR
|
|
%
|
|
Votes
WITHHELD
|
|
%
|
|
Eduardo
Hochschild
|
|
92,464,826
|
|
94.14
|
|
5,754,485
|
|
5.86
|
|
|
Ramon Barua
|
|
92,872,513
|
|
94.56
|
|
5,346,798
|
|
5.44
|
|
|
Paul Adams
|
|
94,030,588
|
|
95.74
|
|
4,188,723
|
|
4.26
|
|
|
Eduardo
Landin
|
|
92,538,800
|
|
94.22
|
|
5,680,511
|
|
5.78
|
|
|
Catharine
Farrow
|
|
97,933,632
|
|
99.71
|
|
285,679
|
|
0.29
|
|
|
Maria Recart
|
|
98,131,039
|
|
99.91
|
|
88,272
|
|
0.09
|
|
|
Sanjay Sarma
|
|
97,905,072
|
|
99.68
|
|
314,239
|
|
0.32
|
|
|
Nicolás
Hochschild
|
|
92,593,016
|
|
94.27
|
|
5,626,295
|
|
5.73
|
|
|
Joao Miranda
|
|
95,554,235
|
|
97.29
|
|
2,665,076
|
|
2.71
|
|
|
Jorge Born
|
|
92,589,487
|
|
94.27
|
|
5,629,824
|
|
5.73
|
|
2. Appointment of Auditor
|
Name of
Auditor
|
|
Votes FOR
|
|
%
|
|
Votes
WITHHELD
|
|
%
|
|
EY Servicios
Profesionales
de Auditoría y Asesorías SpA
|
|
104,188,072
|
|
99.98
|
|
17,837
|
|
0.02
|
The Company has filed a report of voting results on all
resolutions voted on at the Meeting under its profile on SEDAR+ at
www.sedarplus.ca.
About Aclara
Aclara Resources Inc. (TSX: ARA) is a development-stage company
that is focused on heavy rare earth mineral resources hosted in
Ion-Adsorption Clay deposits. The Company's rare earth mineral
resource development projects include the Penco Module in the
Bio-Bio Region of Chile and the
Carina Module in the State of Goiás, Brazil.
Aclara's rare earth extraction process offers several
environmentally attractive features. Circular mineral harvesting
does not involve blasting, crushing, or milling, and therefore does
not generate tailings and eliminates the need for a tailing's
storage facility. The extraction process developed by Aclara
minimizes water consumption through high levels of water
recirculation made possible by the inclusion of a water treatment
facility within its patented process design. The ionic clay
feedstock is amenable to leaching with a common fertilizer main
reagent, ammonium sulfate. Further, harmful levels of
radionuclides, typical of hard rock rare earth deposits, are not
concentrated within the Aclara's processing flowsheet. In addition
to the development of the Penco Module and the Carina Module, the
Company will continue to identify and evaluate opportunities to
increase future production of heavy rare earths through greenfield
exploration programs and the development of additional projects
within the Company's concessions in Brazil, Chile, and Peru.
SOURCE Aclara Resources Inc.
