0001558370-21-016443 Sample Contracts

COST SHARE FUNDING ASSUMPTION AGREEMENT

Cost Share Funding Assumption Agreement • December 2nd, 2021 • Rare Element Resources LTD • Gold and silver ores • Colorado

• Contract Type
  Cost Share Funding Assumption Agreement
• Filed
  December 2nd, 2021
• Company
  Rare Element Resources LTD
• Industry
  Gold and silver ores
• Jurisdiction
  Colorado

This COST SHARE FUNDING ASSUMPTION AGREEMENT (this “Agreement”) is made, effective as of the Effective Date (defined below), by and between GENERAL ATOMICS, a California corporation (“GA”), and RARE ELEMENT RESOURCES, INC., a Wyoming corporation (“RER”) (each a “Party” and collectively the “Parties”).