Financings
Aclara closes $41.45M (U.S.) tranche 1 of placement

ARA · Price
Executive Summary
- Aclara Resources Inc. successfully closed Tranche 1 of its non-brokered private placement, raising $41.46 million USD from three strategic investors.
- The issuance of approximately 20.08 million shares at $2.83 per share increased the company's outstanding share count to 242,440,446 and granted significant ownership stakes to CAP SA, Hochschild Mining Holdings Ltd., and New Hartsdale Capital Inc.
- Tranche 2 is expected to close around May 12, 2026, pending disinterested shareholder approval and final Toronto Stock Exchange approval.
Key Details
- Transaction Structure: Non-brokered private placement divided into two tranches.
- Tranche 1 Shares Issued: 20,078,697 common shares.
- Subscription Price: $2.83 per share.
- Gross Proceeds: $41,458,276 (USD).
- Subscribers: CAP SA, Hochschild Mining Holdings Ltd., and New Hartsdale Capital Inc.
- Pre-Closing Share Count: 222,361,749 common shares.
- Post-Closing Share Count: 242,440,446 common shares.
- Investor Ownership Post-Closing: CAP SA (~12.45%), Hochschild Mining (~19.30%), New Hartsdale Capital (~36.45%).
- Hold Period: 4 months and 1 day, expiring August 2, 2026, pursuant to applicable Canadian securities laws.
- Total Placement Size: Up to 24,215,548 common shares for aggregate gross proceeds of $50,000,001 (USD).
- Tranche 2 Conditions: Expected closing on or about May 12, 2026; subject to disinterested shareholder approval, customary closing conditions, and final Toronto Stock Exchange approval.
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