Rare Element Resources Ltd. is pleased to provide an update on the pilot scale test work which is demonstrating its proprietary rare earth separation technology in studies being conducted by Umwelt-und Ingenieurtechnik GmbH Dresden . UIT is an affiliate of Synchron, a significant shareholder in the Company and a General Atomics affiliated company. Since February 2019, UIT has operated a hydrometallurgical pilot plant in [...]
Rare Element Resources Ltd. is pleased to announce it has received notice from Synchron, a current shareholder in the Company, that it will exercise its common share purchase option. Pursuant to an Option Agreement dated October 2, 2017 , Synchron will purchase 24,175,000 common shares for a purchase price of $5,040,000. The resulting ownership by Synchron will be approximately 49% of the outstanding common shares of the [...]
Rare Element Resources Ltd. is pleased to announce additional significant progress on the previously announced third-party pilot scale testwork relating to its proprietary rare earth separation technology. This work is being conducted by Umwelt-und Ingenieurtechnik GmbH Dresden , an affiliate of Synchron, a significant shareholder of the Company. RER engaged UIT to conduct a pilot plant campaign in February 2019 to [...]
Rare Element Resources Ltd. is pleased to announce significant progress on the third-party testwork relating to its proprietary rare earth separation technology being conducted by Umwelt-und Ingenieurtechnik GmbH Dresden . UIT is an affiliate of Synchron, a significant shareholder of the Company. RER engaged UIT in April 2018 to validate and further enhance its proprietary rare earth element processing technology [...]
Rare Element Resources Ltd. (“Rare Element” or the “Company”) (OTCQB: REEMF) is pleased to announce that it has completed the previously disclosed investment in the Company by Synchron, a subsidiary of General Atomics Technologies Corporation (“Synchron”). Pursuant to an Investment Agreement entered into on September 29, 2017, the Company issued to Synchron on October 2, 2017 [...]
Rare Element Resources Ltd. (“Rare Element” or the “Company”) (OTCQB: REEMF) is pleased to announce that it has executed a term sheet with General Atomics Uranium Resources, LLC pursuant to which the parties plan to enter into an investment agreement by which General Atomics Uranium Resources, LLC or one or more of its affiliates (“General Atomics”) will acquire 26,650,000 common shares [...]
Rare Element Resources Ltd. (“Rare Element” or the “Company”) (OTCQB: REEMF) is pleased to provide an update on the Company’s ongoing care-and-maintenance status and plans for the remainder of 2016. The Company continues to focus on strategically positioning the Bear Lodge Rare Earth Project such that its development can be progressed once market conditions improve as well as explore the [...]
Rare Element Resources Ltd. (“Rare Element” or the “Company”) (OTCQB: REEMF) reported today a net loss for the year ended December 31, 2015 of $9.7 million, or $0.19 per share, compared with a net loss of $14.0 million, or $0.29 per share, in 2014. The net loss for the quarter ended December 31, 2015 was $2.5 million, or $0.05 per share, compared with $2.9 million, or $0.06 per share, for the same [...]
Rare Element Resources Ltd. (“Rare Element” or the “Company”) (OTCQB: REEMF) announced today that its common shares commenced trading on the OTCQB Venture Marketplace under the symbol “REEMF” effective at the market open on Monday, February 29, 2016. OTCQB Venture Marketplace is focused on development stage U.S. and international companies that are current in their regulatory reporting [...]
Rare Element Resources Ltd. (the “Company”) (NYSE MKT: REE) announced today that it has notified the NYSE MKT of its decision to voluntarily delist its common shares from the NYSE MKT. Like other rare earth companies, the Company has pursued vigorous cost cutting over the past year. The Company’s board of directors has determined that it would be in the best interest of the Company and its shareholders [...]
Rare Element Resources Ltd. (the “Company”) (NYSE MKT: REE), a publicly traded, strategic materials company focused on delivering rare earth products for technology and defense applications by advancing the Bear Lodge Critical Rare Earth Project located in northeast Wyoming, announced today that the Board of Directors (Board) has directed the Company to continue to conserve cash due to the current difficult [...]
Rare Element Resources Ltd. (the “Company”) (NYSE MKT: REE), a publicly traded, strategic materials company focused on delivering rare earth products for technology and defense applications by advancing the Bear Lodge Critical Rare Earth Project located in northeast Wyoming, announced today that it has received the draft Environmental Impact Statement (EIS) from the U.S. Forest Service (USFS) for the Bear [...]