Aclara Secures Second Tranche of US$12.5 Million From CAP Investment

Aclara Resources Inc. has confirmed the receipt of a US$12.5 million payment from CAP S.A., marking the second tranche of CAP's US$29.1 million strategic investment in Aclara's Chilean subsidiary, REE Uno SPA. This follows an initial tranche of US$9.7 million, with a final payment of US$6.9 million expected in January 2026. The investment grants CAP a 20% equity stake in REE Uno, which holds substantial mining interests in Chile, including the Penco Module.

The deal includes an option for CAP to increase its stake to 40% with an additional US$50 million investment upon securing environmental permits. It also allows CAP to buy up to 19.9% equity in Aclara over three years. A joint venture between Aclara and CAP will focus on developing alloys for the rare earth permanent magnet sector.