COMMON SHARE PURCHASE WARRANT RARE ELEMENT RESOURCES LTD.Rare Element Resources LTD • September 27th, 2013 • Gold and silver ores
THIS COMMON SHARE PURCHASE WARRANT (the “Warrant”) certifies that, for value received, _____________ or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the 6 month anniversary of the Issue Date (the “Initial Exercise Date”) and on or prior to the close of business on the 3 year anniversary of the Issue Date (the “Termination Date”) but not thereafter, to subscribe for and purchase from Rare Element Resources Ltd., a corporation incorporated under the laws of British Columbia (the “Company”), up to ______ Common Shares (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Common Share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
Logo of H.C. WAINWRIGHT & CO., LLC)Rare Element Resources LTD • September 27th, 2013 • Gold and silver ores • New York
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 27th, 2013 • Rare Element Resources LTD • Gold and silver ores • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of September 24, 2013, between Rare Element Resources Ltd., a company existing under the laws of the Province of British Columbia, Canada (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
