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Aclara Reports ON Voting Results from the 2024 Annual General Meeting of Shareholders

Shareholder Meetings

ACLARA REPORTS ON VOTING RESULTS FROM

THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

TORONTO, ON, May 6, 2024 ― 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 t he 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 92,593,01 6 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 FO R % 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

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the Carina Module, the Company will continue to identify and evaluate opportunities to increase future production

of heavy rare earths through greenfield exploration pr ograms and the development of additional projects within

the Company's concessions in Brazil, Chile, and Peru.

For further information, please contact:

Ramon Barua

Chief Executive Officer

[email protected]