Rare Element Resources to launch $30.9M rights offering at $0.24/share to fund Bear Lodge project

RARE ELEMENT RESOURCES LTD

Rights offering seeks up to ~US$30.9M gross proceeds; record date Jan 30, 2026; subscription price $0.24/share.
Each common share gets 0.25 non-transferable subscription right; each whole right buys one common share.
Oversubscription privilege for shareholders who fully exercise basic subscription rights.
Net proceeds to advance Bear Lodge rare earth project: demonstration plant, permitting, and separations technology.
Rights offering anticipated to commence within 40 days, subject to state regulatory clearances.

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