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on Aclara Resources Inc. (isin : CA00461M1032)

Aclara Resources Inc. Announces Appointment of New Executive Vice President

Aclara Resources Inc., based in Toronto, ON, has officially announced the appointment of José Augusto Palma as Executive Vice President, effective June 1, 2024. José Augusto will join the senior management team, taking a proactive role in strategic company activities. His responsibilities will include overseeing the development of relationships with key stakeholders and business partners, strategic issues management, as well as directing the company's permitting strategy and corporate governance.

Ramon Barúa, CEO of Aclara, expressed confidence in José Augusto's capabilities, highlighting his vast experience in the resources sector and his significant track record of achieving results in various roles. Specifically, José Augusto was instrumental in obtaining environmental and operational permits for mining projects and was involved in capital market transactions worth around $3 billion. His expertise is expected to significantly contribute to the advancement of Aclara’s projects in Chile and Brazil.

Before this appointment, José Augusto served as Vice President, Legal & Corporate Affairs at Hochschild Mining PLC and has over 17 years of experience in the mining sector. He has a strong legal background in the United States and served in the Peruvian government. José Augusto is also stepping down as a board member of Aclara, a position he held since June 2023.

R. E.

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