secwatch.observer — SEC 8-K summary
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Issuer:     RARE ELEMENT RESOURCES LTD (REEMF)
CIK:        0001419806
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001419806-24-000012
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rare Element Resources appoints Kelli Kast as VP, General Counsel and CAO; she steps down from board
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- Kelli Kast appointed VP, General Counsel and Chief Administrative Officer effective July 1, 2024; she will not stand for re-election as director.
- Initial base salary of $310,000; eligible for annual performance bonus and long-term incentive awards determined by board.
- Severance: one year's base salary in lump sum if terminated without cause or for good reason; subject to execution of release.
- One-year non-compete covering rare earths and gold near Bear Lodge project; non-solicitation of employees and customers; waived if terminated without cause.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1419806/000141980624000012/0001419806-24-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1419806/000141980624000012/reemf-20240630x8k.htm
  HTML page:      https://secwatch.observer/filing/0001419806-24-000012

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