Rare Element Resources Plans US$30.9 Million Rights Offering to Advance Bear Lodge Rare Earth Project

Rare Element Resources ( (REEMF) ) just unveiled an announcement.

Rare Element Resources plans to raise up to approximately US$30.9 million through a rights offering of common shares to existing shareholders, who will receive 0.25 non-transferable subscription right for each share held on January 30, 2026, with each whole right allowing the purchase of one new share at US$0.24 and an oversubscription privilege available for additional shares subject to pro rata allocation. The company intends to use the net proceeds to continue operating its rare earth processing and separation demonstration plant, expand its technology to heavy rare earth elements and third-party feed sources, complete federal and state permitting and licensing for the Bear Lodge Rare Earth Project, and for general corporate purposes, reinforcing its efforts to advance a U.S.-based rare earth supply chain.

More about Rare Element Resources

Rare Element Resources Ltd. is a publicly traded strategic materials company focused on rare earth products used in technology, energy and defense applications, centered on advancing its Bear Lodge Rare Earth Project in northeast Wyoming and deploying proprietary rare earth processing and separation technology.

Average Trading Volume: 713,227

Technical Sentiment Signal: Hold

Current Market Cap: $412.6M

Learn more about REEMF stock on TipRanks’ Stock Analysis page.