Rare Element Resources Ltd. is pleased to announce that it intends to launch a rights offering for gross proceeds of approximately US$25 million if all subscription rights are exercised under the rights offering. In the rights offering, each holder of the Company's common shares as of the close of business on the record date of October 19, 2021 will be issued, at no charge, one non-transferable subscription right for each [...]
Rare Element Resources Ltd. is pleased to announce the finalization of negotiations with the U.S. Department of Energy Office of Energy Efficiency and Renewable Energy for an Assistance Agreement providing approximately US$21.9 million of government funds for the engineering, construction and operation of a rare earth separation and processing demonstration plant to be located in Wyoming. The DoE/EERE has notified General [...]
Rare Element Resources Ltd. is pleased to provide an update regarding the progress of pre-award negotiations with the U.S. Department of Energy relating to the Company's selection, as a member of a consortium of companies, for a potential financial award of $21.9 million for the engineering, construction and operation of a rare earth separation and processing demonstration plant. As previously reported, RER, along with [...]
Rare Element Resources Ltd. is pleased to announce that formal notice has been received from the U.S. Department of Energy that General Atomics, an affiliate of Synchron, the Company's largest shareholder, along with Rare Element Resources, Inc. , a wholly-owned subsidiary of the Company, have been selected to enter negotiations in relation to a financial award under the Critical Materials Funding Opportunity Announcement [...]
Rare Element Resources Ltd. is pleased to provide an update on the pilot scale rare earth processing and separation test work campaign which supports the Company’s progression to the next phase of design and planning for a demonstration scale rare earth processing and separation plant. This plant is intended to demonstrate, at industrial scale, the separation of rare earth elements utilizing the Company’s proprietary [...]
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 [...]
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