Mr. Ramon Barua reports

ACLARA RECEIVES POSITIVE ENVIRONMENTAL QUALIFICATION RESOLUTION FOR THE PENCO MODULE

The Environmental Qualification Resolution (RCA) for Aclara Resources Inc.'s Penco module project, which is being developed in partnership with Grupo CAP, has been formally issued and published in Chile's Environmental Impact Assessment System (SEIA). The publication of the RCA formalizes the environmental approval granted by the Environmental Assessment Commission of the Biobio region on June 8, 2026, thereby concluding the environmental assessment process for the project. In addition to the RCA, the environmental approval includes the corresponding environmental authorizations associated with the applicable sectoral environmental permits (PAS) evaluated as part of the environmental review process.

The RCA and associated environmental authorizations establish the environmental conditions, commitments, monitoring programs and management measures that will govern the development and operation of the project. With the environmental permitting phase now complete, the company will advance the next stage of project development, including the processing of sectoral permits required for construction and operation, the completion of basic and detailed engineering activities, and the implementation of the environmental and community commitments established during the assessment process.

The company acknowledges and appreciates the participation of public agencies, local communities, indigenous representatives, technical experts, academic institutions and other stakeholders who contributed throughout the environmental review process.

Aclara remains committed to transparency, accountability and continuing stakeholder engagement. The company will continue to maintain open and constructive communication with local communities, public authorities, and other stakeholders as it advances the project and fulfils its environmental commitments and monitoring programs.

About Aclara Resources Inc.

Aclara Resources, a Toronto Stock Exchange-listed company, is focused on building a vertically integrated supply chain for rare-earths alloys used in permanent magnets. This strategy is supported by Aclara's development of rare-earth mineral resources hosted in ionic clay deposits, which contain high concentrations of the scarce heavy rare earths, providing the company with a long-term, reliable source of these critical materials. The company's rare-earth mineral resource development projects include the Carina project in the state of Goias, Brazil, as its flagship project and the Penco module in the Biobio region of Chile. Both projects feature Aclara's patented technology named circular mineral harvesting, which offers a sustainable and energy-efficient extraction process for rare earths from ionic clay deposits. The circular mineral harvesting process has been designed to minimize water consumption and overall environmental impact through recycling and circular economy principles. Through its wholly owned subsidiary, Aclara Technologies Inc., the company is further enhancing its product value by developing a rare-earths separation plant in the United States. This facility will process mixed rare-earth carbonates sourced from Aclara's mineral resource projects, separating them into pure individual rare-earth oxides. Additionally, Aclara, through a joint venture with CAP, is advancing its alloy-making capabilities to convert these refined oxides into the alloys needed for fabricating permanent magnets. This joint venture leverages CAP's extensive expertise in metal refining and special ferro-alloyed steels.

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