Mr. Ramon Barua reports

ACLARA REPORTS ON VOTING RESULTS FROM THE 2024 ANNUAL GENERAL MEETING OF SHAREHOLDERS

The annual general meeting of shareholders of Aclara Resources Inc. was held today in Toronto, Ont. Each of the matters voted upon at the meeting is discussed in detail in the company's management information circular dated April 5, 2024, which can be found under the company's profile on SEDAR+.

The total number of votes cast by shareholders of the company in person and by proxy at the meeting was 104,205,909 votes, representing 62.62 per cent. 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 herein.

The company has filed a report of voting results on all resolutions voted on at the meeting under its profile on SEDAR+.

About Aclara Resources Inc.

Aclara (Toronto Stock Exchange: 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 Goias, 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 tailings 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 sulphate. Further, harmful levels of radionuclides, typical of hardrock rare earth deposits, are not concentrated within the Aclara processing flow sheet. In addition to the development of the Penco module and the Carina module, the company will continue to identify and evaluate opportunities to increase future production of heavy rare earths through greenfield exploration programs and the development of additional projects within the company's concessions in Brazil, Chile and Peru.