Rare Element Resources Launches $30.9 Million Rights Offering

Reuters02-06

Rare Element Resources Launches $30.9 Million Rights Offering

Rare Element Resources Ltd. has announced the commencement of a rights offering to raise up to approximately US$30.9 million in gross proceeds. Shareholders of record as of January 30, 2026, will receive 0.25 of a non-transferable subscription right for each common share owned, allowing them to purchase additional shares. The rights offering is set to expire at 5:00 p.m. New York City time on March 4, 2026, unless extended or terminated earlier. Proceeds from the offering will be used to support the operation and advancement of the company’s rare earth processing demonstration plant, further development of the Bear Lodge Rare Earth Project, and for general corporate purposes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rare Element Resources Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260206290272) on February 06, 2026, and is solely responsible for the information contained therein.

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