Aclara Reports ON Voting Results from the 2023 Annual General and Special Meeting of Shareholders
ACLARA REPORTS ON VOTING RESULTS FROM
THE 2023 ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS
TORONTO, ON, May 3, 2023 ― The Annual General and Special 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 3, 2023 (the “Circular”), which can be found under the Company’s profile on SEDAR at www.sedar.com .
The total number of votes cast by shareholders of the Company in person and by proxy at the Meeting was
116,084,228 votes, representing 71.12%. 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, the appointment of the auditor and the approval of certain
amendments to the Omnibus Long -Term Incentive Plan (the “LTIP”), the full text of which is set out in Appendix
A of the Circular. The voting results are detailed below:
1. Election of Directors
Name of Nominee Votes FOR % Votes WITHHELD %
Eduardo Hochschild 104,811,204 95.36 4,518,489 4.13
Ramon Barua 105,349,211 96.36 3,980,482 3.64
Paul Adams 109,249,590 99.93 80,103 0.07
Ignacio Bustamante 105,338,725 96.35 3,990,968 3.65
Catharine Farrow 109,302,025 99.97 27,668 0.03
Maria Recart 109,308,742 99.98 20,951 0.02
Sanjay Sarma 109,245,388 99.92 84,305 0.08
Nicolás Hochschild 105,271,591 96.29 4,058,102 3.71
2. Appointment of Auditor
Name of Auditor Votes FOR % Votes WITHHELD %
EY Servicios Profesionales
de Auditoría y Asesorías SpA
116,016,538 99.94 67,690 0.06
3. Approval of Amendments to the Omnibus Long-Term Incentive Plan
Approval of LTIP
Amendments
Votes FOR
%
Votes AGAINST
%
102,105,423 93.39 7,224,270 6.61
The Company has filed a report of voting results on all resolutions voted on at the Meeting under its profile on
SEDAR at www.sedar.com .
2
About Aclara
Aclara is a development -stage rare earth mineral resources company located in Chile. Aclara is initiating the
development of its resources through a project called the Penco Module (the “ Penco Module”), which covers a
surface area of approximately 600 hectares and which has ionic clays that are rich in rare earth elements. Aclara
is currently focused on the development and on the future construction and operation of the Penco Module, which
will aim to produce a rare earth concentrate through a processing pl ant that will be fed by clays from nearby
deposits. Aclara’s unique extraction process offers several advantages such as: no blasting, crushing or milling
required; no tailings dam; minimal water consumption due to a high level of water recirculation; amenable leaching
with a fertilizer; and no radioactivity.
For further information, please contact:
Ramon Barua
Chief Executive Officer