| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes | 
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | REEMF | Common Shares | Award | $275K | +1.15M | +149.4% | $0.24 | 1.91M | Dec 13, 2021 | Direct | F1, F2 | 
| Id | Content | 
|---|---|
| F1 | Represents common shares of Rare Element Resources Ltd. ("Rare Element") acquired by the Reporting Person on December 13, 2021 pursuant to Rare Element's rights offering. | 
| F2 | The number of shares is unknown at the time of filing and will be revised in an amendment to this Form 4 when a final determination is made. |