RARE ELEMENT RES LTD

Ticker: REEMF CUSIP: 75381M102 Class: COM

GROUP ONE TRADING, L.P.'s Holding History (CIK: 0000932540)

Note: Option positions (PUT/CALL) are excluded.

Q2 2014

Shares 23,695 Value ($000) $31 Avg Close $1.31 Range $1.17 - $1.57

Q4 2013

Shares 50,649 Value ($000) $79 Avg Close $1.76 Range $1.10 - $2.75

Q3 2013

Shares 69,307 Value ($000) $185 Avg Close $2.22 Range $1.75 - $3.50

Q2 2013

Shares 78,625 Value ($000) $154 Avg Close $1.95 Range $1.60 - $2.54

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	23,695	$31	$1.31	$1.17 - $1.57
Q4 2013	50,649	$79	$1.76	$1.10 - $2.75
Q3 2013	69,307	$185	$2.22	$1.75 - $3.50
Q2 2013	78,625	$154	$1.95	$1.60 - $2.54