RARE ELEMENT RES LTD

Ticker: REEMF CUSIP: 75381M102 Class: COM

WEDBUSH SECURITIES INC's Holding History (CIK: 0001142495)

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

Q2 2014

Shares 10,400 Value ($000) $14 Avg Close $1.31 Range $1.17 - $1.57

Q1 2014

Shares 10,400 Value ($000) $15 Avg Close $1.62 Range $1.40 - $2.12

Q4 2013

Shares 10,400 Value ($000) $16 Avg Close $1.76 Range $1.10 - $2.75

Q3 2013

Shares 11,600 Value ($000) $31 Avg Close $2.22 Range $1.75 - $3.50

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2014	10,400	$14	$1.31	$1.17 - $1.57
Q1 2014	10,400	$15	$1.62	$1.40 - $2.12
Q4 2013	10,400	$16	$1.76	$1.10 - $2.75
Q3 2013	11,600	$31	$2.22	$1.75 - $3.50