10 Aug 2022quarterly activities report▼ Bad
RARE ELEMENT RESOURCES LTD reported a quarterly net loss of $2.6 million for the period ended 2022-06-30.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
4 Aug 2022agm notice● Neutral
Rare Element Resources withdrew Proposal No. 2, the appointment of BDO as auditor, from the August 23, 2022 meeting after BDO resigned on July 29, 2022. The other agenda items and previously submitted proxies remained valid.
4 Aug 2022auditor change● Neutral
Auditor BDO resigned, effective after the Q3 2022 10-Q; its reports for FY2020-2021 were clean with no going-concern qualification.
7 July 2022agm notice● Neutral
Rare Element Resources issued a notice for its August 23, 2022 annual and special meeting. Items were election of seven directors, appointment of BDO USA as auditor, and adoption of a new 2022 Equity Incentive Plan.
7 July 2022agm notice● Neutral
Rare Element Resources filed its proxy circular for the annual and special shareholder meeting on August 23, 2022. Shareholders were asked to elect directors, appoint BDO USA as auditor, and approve a new 2022 Equity Incentive Plan.
12 May 2022quarterly activities report▼ Bad
RARE ELEMENT RESOURCES LTD reported a quarterly net loss of $2.2 million for the period ended 2022-03-31.
18 Apr 2022director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Paul John Schlauch had 1,710 shares withheld for taxes on vesting stock.
18 Apr 2022director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Paul John Schlauch acquired 85,000 shares at $0.24 under a company stock plan.
4 Apr 2022director interest notice● Neutral
Nicole J. Champine became a RARE ELEMENT RESOURCES LTD director and company insider (initial ownership filing).
30 Mar 2022director interest notice● Neutral
RARE ELEMENT RESOURCES LTD Chief Financial Officer Wayne Rich received a stock option grant for 125,000 shares.
30 Mar 2022director interest notice● Neutral
Wayne Rich became a RARE ELEMENT RESOURCES LTD Chief Financial Officer and company insider (initial ownership filing).
7 Jan 2022director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Lowell A Shonk received a stock option grant for 200,000 shares.
7 Jan 2022director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Paul John Schlauch received a stock option grant for 200,000 shares.
7 Jan 2022director interest notice● Neutral
RARE ELEMENT RESOURCES LTD President and CEO Randall John Scott received a stock option grant for 500,000 shares.
7 Jan 2022director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Gerald W Grandey received a stock option grant for 300,000 shares.
23 Dec 2021substantial holder notice● Neutral
Synchron, General Atomic Technologies Corporation, Tenaya Corporation reported a RARE ELEMENT RESOURCES LTD shareholding of 116,356,925 shares (55.00% of votes) in a periodic institutional filing.
17 Dec 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Gerald W Grandey acquired 1,146,223 shares at $0.24 under a company stock plan.
15 Dec 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Lowell A Shonk acquired 644,680 shares at $0.24 under a company stock plan.
15 Dec 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Paul John Schlauch acquired 75,000 shares at $0.24 under a company stock plan.
3 Dec 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD President and CEO Randall John Scott exercised stock options for 250,000 shares and disposed of 500,000 shares.
2 Dec 2021debt financing▲ GoodMajor
Agreed to fund its share of a U.S. Department of Energy-backed rare-earth separation and processing demonstration plant near Bear Lodge, assuming General Atomics' 50% cost-share obligation under a $44 million DOE cooperative agreement (up to $21.9 million in federal funding) — a major validation, contingent on completing a $25 million rights offering.
22 Nov 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD President and CEO Randall John Scott exercised stock options for 100,000 shares and disposed of 200,000 shares.
19 Nov 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD President and CEO Randall John Scott exercised stock options for 150,000 shares and disposed of 300,000 shares.
17 Nov 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD President and CEO Randall John Scott exercised stock options for 100,000 shares and disposed of 200,000 shares.
12 Nov 2021securities registration● Neutral
RARE ELEMENT RESOURCES LTD filed a prospectus supplement for an offering off its existing shelf.
8 Nov 2021quarterly activities report▼ Bad
RARE ELEMENT RESOURCES LTD reported a quarterly net loss of $1.2 million for the period ended 2021-09-30.
27 Oct 2021capital raising announcement▲ Good
Extended its option to repurchase the 640 acres sold to Whitelaw Creek in 2016 by up to three more years (paying $25,000/year to keep it alive), while the repurchase price rose to $1.2-1.85 million — signaling renewed intent to reclaim the land as the project advances.
18 Oct 2021director interest notice● Neutral
RARE ELEMENT RESOURCES LTD director Lowell A Shonk exercised stock options for 500,000 shares and disposed of 500,000 shares.
14 Oct 2021capital raising announcement▲ GoodMajor
Synchron — now the company's largest shareholder at 48.3% — loaned it $1 million at 8% interest to cover costs of an in-progress rights offering and early work on a planned rare-earth separation and processing demonstration plant near Bear Lodge, a related-party transaction approved with Synchron's own board designees abstaining.
6 Aug 2021quarterly activities report▼ Bad
RARE ELEMENT RESOURCES LTD reported a quarterly net loss of $1.3 million for the period ended 2021-06-30.