Aclara Announces Change in Board of Directors
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ACLARA ANNOUNCES CHANGE IN BOARD OF DIRECTORS
TORONTO, ON, March 25, 2025 – Aclara Resources Inc. (“Aclara” or the “Company”) (TSX: ARA) announces
that Joao Miranda has resigned as a director of the Company effective March 24, 2025, for personal reasons.
Mr. Miranda played an important role in Aclara’s successful entry into Brazil. The Company expresses its
gratitude for his dedicated service and valuable contributions, and extends its best wishes for his future
endeavors.
About Aclara
Aclara Resources Inc. (TSX: ARA), a Toronto Stock Exchange listed company, is focused on building a
vertically integrated supply chain for rare earths alloys used in permanent magnets. This strategy is
supported by Aclara’s development of rare earth minera l resources hosted in ionic clay deposits, which
contain high concentrations of the scarce heavy rare earths, providing the Company with a long-term, reliable
source of these critical materials. The Company’s rare earth mineral resource development projects include
the Carina Project in the State of Goiás, Brazil as its flagship project and the Penco Module in the Bio bío
Region of Chile. Both projects feature Aclara’s patented technology named Circular Mineral Harvesting,
which offers a sustainable and energy -efficient extraction process for rare earths from ionic clay deposits.
The Circular Mineral Harvesting process has been designed to minimize the water consumption and overall
environmental impact through recycling and circular economy principles. Through its wholly -owned
subsidiary, Aclara Technologies Inc., the Company is further enhancing its product value by devel oping a
rare earths separation plant in the United States. This facility will process mixed rare earth carbonates
sourced from Aclara’s mineral resource projects, separating them into pure individual rare earth oxides.
Additionally, Aclara through a joint venture with CAP, is advancing its alloy -making capabilities to convert
these refined oxides into the alloys needed for fabricating permanent magnets. This joint venture leverages
CAP’s extensive expertise in metal refining and special ferro -alloyed steels. Beyond the Carina Project and
the Penco Module, Aclara is committed to expanding its mineral resource portfolio by exploring greenfield
opportunities and further developing projects within its existing concessions in Brazil, Chile, and Peru, aiming
to increase future production of heavy rare earths.
Forward-Looking Statements
This news release contains “forward -looking information” within the meaning of applicable securities
legislation, which reflects the Company’s current expectations regarding future events, including statements
with regard to, among other things, the Compan y’s expectations as a result of changes to the board of
directors. Forward-looking information is based on a number of assumptions and is subject to a number of
risks and uncertainties, many of which are beyond the Company’s control. Such risks and uncerta inties
include, but are not limited to, the factors discussed under “Risk Factors” in the Company’s annual
information form dated as of March 20, 2025 filed on the Company’s SEDAR+ profile. Actual results, timing,
performance, achievements or future events or developments could differ materially from those expressed
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or implied herein. Unless otherwise noted or the context otherwise indicates, the forward-looking information
contained in this news release is provided as of the date of this news release and the Company does not
undertake any obligation to update such forward-looking information, whether as a result of new information,
future events or otherwise, except as expressly required under applicable securities laws.
For further information, please contact:
Ramon Barua
Chief Executive Officer