Bulletin de la Bourse
Aclara Resources Inc. (ARA) inscrit à la Bourse de Toronto
Issuer: | Aclara Resources Inc. (the "Company") |
Security: | Common Shares (the "Shares") |
Symbols: | ARA |
Issue price per security: | $1.70 |
Number of securities issued and outstanding: | 162,614,192 |
Number of securities reserved for issuance: | 14,693,210 |
Listing category: | Mining – Non Exempt |
Trading currency: | CDN$ |
Transaction: | Initial public offering of Shares (the "Offering") |
Listing date: | December 9, 2021 (as at 5:01 p.m.) in anticipation of closing of the Offering |
Anticipated closing date: | December 10, 2021 (prior to the opening) |
Posted for trading date: | December 10, 2021 (at the opening) subject to confirmation of closing of the Offering |
Other market(s): | None |
Temporary market maker: | Canaccord Genuity Corp. |
Security ownership registration: | Non-Certificated Inventory, Direct Registration System and Certificated Issue |
Investor relations: | Francois Motte Chief Financial Officer francois.motte@aclara-re.com |
Incorporation: | Business Corporations Act (British Columbia) |
Fiscal year end: | December 31 |
Nature of business: | The Issuer is a development-stage rare earth mineral resources company with 451,585 hectares of mining concessions located in the Maule, Ñuble, Biobío and Araucanía regions of Chile. |
Transfer agent and registrar: | Computershare Investor Services Inc. at its principal offices in Calgary and Toronto. |
Dividends: | The Company does not currently anticipate paying dividends on the Shares in the foreseeable future. |
Sponsorship: | Waived |
Offering document: | Prospectus dated December 2, 2021, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the disclosure document. |
Initial public offering: | 35,000,000 Shares are being offered to the public from treasury at a price of $1.70 per share (the "Offering Price"). In addition, the underwriters have been granted an over-allotment option to purchase up to an additional 5,250,000 Shares from treasury at the Offering Price. |
TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |