COMMON SHARE PURCHASE WARRANT RARE ELEMENT RESOURCES LTD.Rare Element Resources LTD • April 27th, 2015 • 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 __________, 2015 (the “Initial Exercise Date”) and on or prior to the close of business on ______, 2018 (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).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 27th, 2015 • Rare Element Resources LTD • Gold and silver ores • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of April 24, 2015, 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”).
STRICTLY CONFIDENTIAL Mr. Randy Scott President and Chief Executive Officer Rare Element Resources LTDRare Element Resources LTD • April 27th, 2015 • Gold and silver ores • New York
