ASSET PURCHASE AGREEMENT BETWEEN RARE ELEMENT RESOURCES, INC. as “Seller” and WHITELAW CREEK LLC as “Buyer” DATED AS OF OCTOBER 20, 2016 ___________________________________________Asset Purchase Agreement • October 26th, 2016 • Rare Element Resources LTD • Gold and silver ores • Wyoming
THIS ASSET PURCHASE AGREEMENT (this “Agreement”), dated as of October 20th, 2016 (the “Effective Date”), is by and between RARE ELEMENT RESOURCES, INC., a Wyoming corporation, whose address is P.O. Box 271049, Littleton, Colorado 80122 (“Seller”), and WHITELAW CREEK LLC, a Wyoming limited liability company, whose address is P.O. Box 218, Hulett, WY 82720 (“Buyer”). Seller and Buyer may be referred to individually as a “Party” or collectively as the “Parties.”
