Aclara Resources Strengthens Board with New Director Appointment

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Aclara Resources Strengthens Board with New Director Appointment

Aclara Resources, Inc. ( (TSE:ARA) ) has issued an announcement.

Aclara Resources Inc. has appointed Juan Enrique Rassmuss to its board of directors, following a private placement that saw CAP S.A. acquire a significant stake in the company. This strategic move is expected to bolster Aclara’s efforts in the rare earths sector, leveraging Rassmuss’s extensive experience in mining and energy to enhance the company’s position in the industry.

More about Aclara Resources, Inc.

Aclara Resources Inc. is a company focused on becoming an independent provider of a vertically integrated supply chain for sustainable rare earths alloys, which are used in permanent magnets.

YTD Price Performance: 17.74%

Average Trading Volume: 32,308

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $59.05M

Find detailed analytics on ARA stock on TipRanks’ Stock Analysis page.

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