---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-013576"
form_type: "8-K"
ticker: "REEMF"
cik: "0001419806"
company_name: "RARE ELEMENT RESOURCES LTD"
filed_at: "2021-10-27T23:59:59+00:00"
generated_at: "2026-06-28T17:23:37.371300+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Rare Element extends repurchase option for Bear Lodge land through 2024

## Summary
- Repurchase option for ~640 acres in Crook County, WY extended up to three years, now expiring Oct 26, 2024.
- Annual option extension payment of $25,000 in cash per year required to maintain the option.
- Exercise price changed from fixed $1M to appraised value between $1.2M and $1.85M; extension payments credited.
- Land is under consideration for a stockpile facility for the Bear Lodge rare earth elements project.

## SEC filing metadata
- accession: 0001558370-21-013576
- form_type: 8-K
- ticker: REEMF
- cik: 0001419806
- company_name: RARE ELEMENT RESOURCES LTD
- filed_at: 2021-10-27T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 3.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1419806/000155837021013576/0001558370-21-013576-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1419806/000155837021013576/reemf-20211025x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-013576
- JSON: https://secwatch.observer/filing/0001558370-21-013576.json
- Plain text: https://secwatch.observer/filing/0001558370-21-013576.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.