Rare Element Resources Comments on Certain Market Research Materials

FIRESTONE, Colo.--(BUSINESS WIRE)--Rare Element Resources Ltd. (the “Company” or “RER”) (OTCQB: REEMF) has been made aware of certain market research materials circulating online that contain claims regarding (i) a potential new strategic investment in a company whose description is strikingly similar to RER and (ii) a possible announcement in connection therewith as soon as August 26, 2026. As of August 20, 2026, no discussions, negotiations, or agreements with RER regarding any such investment have taken place. The Company has no affiliation with, and did not authorize, such market research materials. The Company urges shareholders to exercise caution with respect to any unsolicited market research or promotional materials regarding RER or RER’s securities. Shareholders are encouraged to rely on the Company’s filings with the Securities and Exchange Commission and official press releases for accurate information about RER.

Rare Element Resources Ltd. is a publicly traded, strategic materials company focused on delivering rare earth products for technology, energy, and defense applications by advancing the Bear Lodge Rare Earth Project in northeast Wyoming, incorporating the Company’s proprietary rare earth processing and separation technology. Bear Lodge is a significant mineralized district containing many of the less common, more valuable, critical rare earths that are essential for high-strength permanent magnets, electronics, fiber optics, laser systems for medical technology and defense, as well as technologies like electric vehicles, solar panels, and wind turbines.