0000912282-10-000942 Sample Contracts

SHAREHOLDER RIGHTS PLAN AGREEMENT DATED AS OF November 10, 2010 BETWEEN RARE ELEMENT RESOURCES LTD. AND COMPUTERSHARE TRUST COMPANY OF CANADA AS RIGHTS AGENT

Shareholder Rights Plan Agreement • December 17th, 2010 • Rare Element Resources LTD • Gold and silver ores • British Columbia

• Contract Type
  Shareholder Rights Plan Agreement
• Filed
  December 17th, 2010
• Company
  Rare Element Resources LTD
• Industry
  Gold and silver ores
• Jurisdiction
  British Columbia

THIS AGREEMENT, dated as of November 10, 2010 is made between Rare Element Resources Ltd. (the “Company”), a corporation incorporated under the laws of British Columbia, and Computershare Trust Company of Canada (the “Rights Agent”);