Recent Updates — REEMF

Rare Element Resources Ltd. appointed Josef Bilant as its new Chief Operating Officer, effective October 5, 2026. Mr. Bilant brings over 18 years of experience in chemical, mineral, and mining operations, most recently serving as Site Manager for Lithium Americas Corp.’s Thacker Pass Project. His employment agreement includes a US$330,000 annual base salary, a one-time sign-on bonus of US$99,000 payable after calendar year 2026, and an annual performance bonus target of 30% of base salary starting in 2027. The company operates in the rare earth elements mining and processing industry.