secwatch.observer — SEC 8-K summary
======================================

Issuer:     RARE ELEMENT RESOURCES LTD (REEMF)
CIK:        0001419806
Form:       8-K
Filed at:   2021-11-12T23:59:59+00:00
Accession:  0001104659-21-137650
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rare Element Resources launches rights offering for up to $25.4M at $0.24/share
-------------------------------------------------------------------------------

- Offers up to 105,808,445 common shares via non-transferable rights to holders as of Oct 19, 2021.
- Subscription price $0.24/share; maximum gross proceeds ~$25.4 million.
- Proceeds for rare earth demonstration plant near Bear Lodge project, debt prepayment, and corporate uses.
- Basic subscription privilege: one share per right; oversubscription privilege for unsubscribed shares.
- Rights expire Dec 8, 2021; exercise must be received by 5:00 PM NY time.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419806/000110465921137650/0001104659-21-137650-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419806/000110465921137650/tm2132642d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-137650

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer