RARE ELEMENT RES LTD

Ticker: REEMF CUSIP: 75381M102 Class: COM

UBS Group AG's Holding History (CIK: 0001610520)

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

Q4 2015

Shares 27,162 Value ($000) $4 Avg Close $0.22 Range $0.15 - $0.33

Q3 2015

Shares 108,311 Value ($000) $30 Avg Close $0.38 Range $0.28 - $0.48

Q2 2015

Shares 143,672 Value ($000) $60 Avg Close $0.63 Range $0.42 - $0.89

Q1 2015

Shares 115,164 Value ($000) $64 Avg Close $0.54 Range $0.24 - $1.06

Q4 2014

Shares 147,492 Value ($000) $56 Avg Close $0.53 Range $0.35 - $0.67

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2015	27,162	$4	$0.22	$0.15 - $0.33
Q3 2015	108,311	$30	$0.38	$0.28 - $0.48
Q2 2015	143,672	$60	$0.63	$0.42 - $0.89
Q1 2015	115,164	$64	$0.54	$0.24 - $1.06
Q4 2014	147,492	$56	$0.53	$0.35 - $0.67