RARE ELEMENT RES LTD

Ticker: REEMF CUSIP: 75381M102 Class: COM

D. E. Shaw & Co., Inc.'s Holding History (CIK: 0001009207)

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

Q3 2014

Shares 231,946 Value ($000) $150 Avg Close $1.10 Range $0.60 - $1.37

Q2 2014

Shares 359,583 Value ($000) $468 Avg Close $1.31 Range $1.17 - $1.57

Q1 2014

Shares 363,941 Value ($000) $535 Avg Close $1.62 Range $1.40 - $2.12

Q4 2013

Shares 467,438 Value ($000) $725 Avg Close $1.76 Range $1.10 - $2.75

Q3 2013

Shares 318,512 Value ($000) $851 Avg Close $2.22 Range $1.75 - $3.50

Q2 2013

Shares 340,028 Value ($000) $666 Avg Close $1.95 Range $1.60 - $2.54

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	231,946	$150	$1.10	$0.60 - $1.37
Q2 2014	359,583	$468	$1.31	$1.17 - $1.57
Q1 2014	363,941	$535	$1.62	$1.40 - $2.12
Q4 2013	467,438	$725	$1.76	$1.10 - $2.75
Q3 2013	318,512	$851	$2.22	$1.75 - $3.50
Q2 2013	340,028	$666	$1.95	$1.60 - $2.54