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Stock Market & Financial Investment News

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February 11, 2013
16:40 EDTREERare Element ended 2012 with approximately $40M in cash
Rare Element Resources ended 2012 with approximately $40M in cash and 45M common shares outstanding. During 2012, additional drilling was completed to expand and upgrade the Bull Hill and Whitetail Ridge rare earth resource areas, and to expand the heavy rare earth, HREE, enrichment zones at the Taylor and Carbon exploration targets. These HREE-enrichment zones support the full district mix of those elements considered Critical Rare Earth Elements, CREEs, including Nd, Pr, Eu, Tb, Dy and Y. The Company completed a pre-feasibility study (PFS), continued significant ore reserve and process studies and made advances in optimization of the rare earths concentration process. The PFS showed a pre-tax NPV of US $1.3B for the portion of the project as delineated in early 2012. That resource was expanded and upgraded with additional drilling during 2012, with results expected in the second quarter of 2013.
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August 24, 2015
18:01 EDTREERare Element files Canadian preliminary shelf prospectus
Rare Element Resources announced that it has filed a preliminary short form base shelf prospectus with securities regulatory authorities in the provinces of British Columbia, Alberta and Ontario to replace the company's short form base shelf prospectus previously filed in July, 2013. Upon the company filing and receiving a receipt for its final short form base shelf prospectus, from the securities regulatory authorities in the Qualifying Jurisdictions, the company will be able to offer and sell, from time to time in one or more public offerings in the Qualifying Jurisdictions, up to the equivalent of $50M of debt, equity, or other securities of the company during the 25-month period that the Canadian Shelf, including any amendments thereto, remains effective.

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