RARE ELEMENT RES LTD

Ticker: REEMF CUSIP: 75381M102 Class: COM

SIMPLEX TRADING, LLC's Holding History (CIK: 0001488542)

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

Q3 2015

Shares 4,700 Value ($000) $1 Avg Close $0.38 Range $0.28 - $0.48

Q2 2015

Shares 4,700 Value ($000) $1 Avg Close $0.63 Range $0.42 - $0.89

Q1 2015

Shares 100 Value ($000) $0 Avg Close $0.54 Range $0.24 - $1.06

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	4,700	$1	$0.38	$0.28 - $0.48
Q2 2015	4,700	$1	$0.63	$0.42 - $0.89
Q1 2015	100	$0	$0.54	$0.24 - $1.06