TORONTO, May 3, 2023
/CNW/ - 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
.
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 plant 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.
SOURCE Aclara Resources Inc.