Aclara Resources Inc. Files Preliminary Prospectus FOR Initial Public Offering of Common Shares
ACLARA RESOURCES INC. FILES PRELIMINARY PROSPECTUS FOR INITIAL PUBLIC OFFERING
OF COMMON SHARES
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES
TORONTO, ONTARIO , October 1 9, 2021 – Aclara Resources Inc. (“Aclara” or the “ Company”)
announced today that it has filed a preliminary prospectus (the “ Preliminary Prospectus ”) with the
securities regulatory authorities in each of the provinces and territories of Canada , other than Quebec, for
a proposed initial public offering (the “ Offering”) of common shares of the Company (the “ Common
Shares”). The number of Common Shares to be sold and the price per Common Share have not yet been
determined.
The Offering is being made through a syndicate of u nderwriters led by RBC Dominion Securities Inc. and
Canaccord Genuity Corp., as joint bookrunners.
Stikeman Elliott LLP is acting as legal counsel to Aclara and Blake, Cassels & Graydon LLP is acting as
legal counsel to the underwriters.
The Preliminary Prospectus contains important information relating to the Offering, has been filed with the
securities regulatory authorities in each of the provinces and territories of Canada, other than Quebec, and
is still subject to completion or amendment. The Prelimin ary Prospectus is available under Aclara’s profile
on SEDAR at www.sedar.com. There will not be any sale or any acceptance of an offer to buy the Common
Shares in any province or territory of Canada until a receipt for the final prospectus has been issued.
No securities regulatory authority has either approved or disapproved of the contents of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any se curities of
Aclara in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The Common Shares have not been and will not be registered under the United States Securities Act of
1933, as amended (the “U.S. Securities Act”), or the securities laws of any state of the United States (as
such term is defined in Regulation S under the U.S. Securities Act) and may not be offered, sold or
delivered, directly or indirectly, in the United States, except to Qualified Institutional Buyers (as su ch term
is defined in Rule 144A of the U.S. Securities Act) pursuant to an exemption from the registration
requirements of the U.S. Securities Act and applicable state securities laws.
About Aclara
Aclara is a development -stage rare earth mineral resources company with 451,585 hectares of mining
concessions located in the Maule, Ñuble, Biobío and Araucanía regions of 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 plant that will
be fed by clays from nearby deposits. In addition to the Penco Module, Aclara will conduct exploration
activities in order to determine if there are deposits within its other mining con cessions that can be
developed economically and with an adequate environmental footprint.
Forward-Looking Statements
This news release may contain forward-looking information within the meaning of applicable securities laws,
which reflects the Company’s current expectations regarding future events. 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 uncertainties include, but are not limited to, failure to
complete the Offering and the factors discussed under “Risk Factors” in the Preliminary Prospectus. Actual
results could differ materially from those projected herein. 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.
Contact:
Mauricio Alvarez
General Counsel