RARE ELEMENT RES LTD

Ticker: REEMF CUSIP: 75381M102 Class: COM

CANADA PENSION PLAN INVESTMENT BOARD's Holding History (CIK: 0001283718)

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

Q3 2013

Shares 241,372 Value ($000) $646 Avg Close $2.22 Range $1.75 - $3.50

Q2 2013

Shares 391,100 Value ($000) $756 Avg Close $1.95 Range $1.60 - $2.54

Q1 2013

Shares 391,100 Value ($000) $889 Avg Close $2.82 Range $2.00 - $3.86

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2013	241,372	$646	$2.22	$1.75 - $3.50
Q2 2013	391,100	$756	$1.95	$1.60 - $2.54
Q1 2013	391,100	$889	$2.82	$2.00 - $3.86