Rare Element Resources Ltd

Strategic materials company focused on delivering rare earth products for technology, energy and defense applications by advancing the Bear Lodge Critical Rare Earth Project in northeast Wyoming. Bear Lodge is a significant mineralized district containing many of the less common, more valuable, critical rare earths elements (REEs) that are essential for high-strength permanent magnets, electronics, fiber optics, laser systems for medical technology and defense, as well as technologies like electric vehicles, solar panels and wind turbines.

The proprietary technology for REE extraction/separation, developed by the Company and being advanced by affiliates of the Company’s majority shareholder, General Atomics (GA), has successfully separated REE oxides into commercial-grade, saleable products, such as neodymium/praseodymium (Nd/Pr) oxide. Indications are that it will do so with greater efficiency and lower environmental impact than current industry methods. Rare Element Resources was incorporated in 1999. Its common shares are traded on the OTCQB Venture Marketplace (“OTCQB”) under the symbol “REEMF.”