{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-21-013166","form_type":"8-K","ticker":"REEMF","cik":"0001419806","company_name":"RARE ELEMENT RESOURCES LTD","filed_at":"2021-10-14T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.480439+00:00","generated_at":"2026-06-28T20:49:24.468006+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Rare Element Resources borrows $1M from largest shareholder Synchron via 8% promissory note","bullets":["Borrowed $1,000,000 from Synchron (48.3% owner) via promissory note; 8% interest, matures Oct 1, 2022 or upon ≥$25M equity financing.","Proceeds used for demonstration plant costs, rights offering expenses, and general corporate purposes.","Note includes registration rights for Synchron on any common shares acquired; exempt from registration under Section 4(a)(2) and Rule 506.","Loan is a related party transaction under MI 61-101, exempt from formal valuation and minority approval due to size.","Company must use commercially reasonable efforts to complete a ≥$25M equity financing."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-21-013166","json":"https://secwatch.observer/filing/0001558370-21-013166.json","markdown":"https://secwatch.observer/filing/0001558370-21-013166.md","text":"https://secwatch.observer/filing/0001558370-21-013166.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1419806/000155837021013166/0001558370-21-013166-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1419806/000155837021013166/reemf-20211014x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T20:49:24.468006+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}