CAP S.A. Announces Subscription for Shares of Aclara Resources Inc.
Aclara secures US$50 million to bridge the "mine-to-magnet" gap as it scales U.S. separation and Brazilian extraction.

The most recent news (March 19, 2026) details a major US$50 million non-brokered private placement and a specific subscription agreement with CAP S.A. Aclara is issuing 24,215,548 shares at C$2.83 per share. Key participants include CAP S.A. (US$20M), Hochschild Mining, and New Hartsdale Capital. Simultaneously, Aclara inaugurated its rare earth separation pilot plant at Virginia Tech, a critical step in validating its proprietary technology to produce separated Dysprosium (Dy) and Terbium (Tb) oxides on U.S. soil.
- Financial De-risking: The US$50M injection is material as it provides the necessary runway to complete the 2026 milestones: the Carina Feasibility Study (FS) and Environmental Impact Study (EIS) approvals.
- Strategic Validation: The participation of CAP S.A. (increasing stake to 12.92%) and Hochschild Mining reinforces the commitment of "smart money" partners.
- Technological Milestone: The Virginia Tech pilot plant is not just "routine"; it is the functional proof-of-concept for the US$277M Louisiana separation facility. Producing separated HREEs (Heavy Rare Earth Elements) outside of China is a significant geopolitical and commercial moat.
- Valuation Benchmark: The C$2.83 subscription price sets a firm floor for the stock, likely representing a premium or a stabilized level following the 300% share price increase reported in late 2025.
Aclara is developing a vertically integrated "mine-to-magnet" supply chain. - Flagship Project: Carina Project (Goiás, Brazil), an ionic clay deposit. Unlike hard-rock mines, ionic clays allow for "Circular Mineral Harvesting," which uses no explosives, recycles 95% of water, and eliminates tailings dams. - Secondary Project: Penco Module (Chile), currently in the final stages of a rigorous environmental permitting process. - Midstream: A planned US$277M separation facility in Louisiana, USA, and a 50/50 JV with CAP S.A. for metals and alloys.