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Rare Element Appoints Randall J. Scott as President and CEO - Former President and CEO Ranta named Chairman

 

Rare Element Resources Ltd. (NYSE-Amex: REE and TSX: RES) (the "Company") is pleased to announce that Mr. Randall J. Scott, MBA, has been appointed as President and Chief Executive Officer of the Company as of December 15, 2011.

Mr. Scott is a metallurgical engineer with over 30 years of experience in the industry. His experience includes leading performance teams in operations, administration, project development, program management, business development, and major improvement initiatives for companies ranging in size from entrepreneurial start-up to major mining companies. His strong project management skills with emphasis on creating a team environment will benefit shareholders, stakeholders and employees of the Company.

Most recently, Mr. Scott was Vice President, Corporate Responsibility and Strategy, with Thompson Creek Metals Company. His prior experience includes Senior Vice President and Vice President of Cyprus Amax Coal Company with responsibilities ranging from Western Operations, including mines in the Gillette area of Wyoming, Appalachian Operations, and process management. He also worked for Cyprus Metals Company as Vice President and General Manager of the Bagdad Mine and also of the Sierrita Mine, both in Arizona. Earlier he worked for Pincock Allen & Holt as Executive Vice President.

Mr. Scott holds a Bachelor of Science degree in metallurgical engineering from the Colorado School of Mines and an MBA degree from the University of Arizona.

Mr. M. Norman Anderson, will step down from the Chairman of the Board position but will remain a director of the Company while Dr. Donald E. Ranta, former President and CEO, has been named Chairman.

Dr. Ranta led the search for Mr. Scott and noted that "Rare Element is extremely pleased to have such a high caliber individual to lead the Company as it transitions from exploration to development and as the Bear Lodge project progresses toward future production. Throughout his career, Mr. Scott has repeatedly demonstrated his ability to create and communicate strategic vision and to lead diverse, multi-disciplinary teams in fast changing and challenging environments. He has created and managed successful relationships with important stakeholders including internal and external customers, local communities, and suppliers. Mr. Scott's experience in mine development, mining operations, and leadership of all aspects of mining companies will be another strong asset for Rare Element as we contemplate future rare earth production from the Bear Lodge project in Wyoming."

Dr. Ranta has been the President and Chief Executive Officer of Rare Element since 2007. In his new role as Chairman and director of the Company, he will continue to focus on building shareholder value through investor relations, financing, strategic partnership arrangements, off-take agreements, and support and oversight of the development of the Company's flagship rare earth project in Wyoming.

With the addition of Mr. Scott and the transition of Dr. Ranta to Chairman of the Board, the management of Rare Element has been significantly expanded to meet the challenges involved with growing from an exploration and development company into an anticipated rare earth element producing company.
This team of dedicated and highly experienced professionals includes:

  • Jaye T. Pickarts, P.E., Chief Operating Officer, with over 25 years' experience in project evaluation and operations;
  • David P. Suleski, BBA, CPA, Chief Financial Officer, with over 20 years of accounting and financial experience in the mineral industry;
  • Dr. James G. Clark, Ph.D., L.Geo., Vice President of Exploration, with over 25 years' experience and extensive exploration experience working at the Bear Lodge property intermittently since 1986;
  • George G. Byers, Vice President of Government & Community Relations, with over 35 years of experience in mining and energy governmental relations at federal, state and local levels.


Rare Element Resources Ltd (TSX: RES & AMEX: REE) is a publicly traded mineral resource company focused on exploration and development of rare-earth elements and gold on the Bear Lodge property.

 

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In the News and Medias of Rare Element Resources Ltd.
8/25/2010Rare Element Resources shares surge for second day
Annual reports of Rare Element Resources Ltd.
2007 Annual report
Option Grants of Rare Element Resources Ltd.
3/24/2011Grants 985,000 stock options at $10,50
Nominations of Rare Element Resources Ltd.
12/12/2013Appoints Paul H. ZInk as CFO
8/6/2013Appoints Gerald Grandey to Board of Directors
4/29/2013Appoints Robbin Lee as Director of Investor Relations
4/24/2013Announces Appointment of Lowell A. Shonk to Board of Directo...
11/13/2012Appoints Dr. Henry Kasaini as Director of Science and Techno...
7/2/2012Appoints Kelli C. Kast, Esq., as Vice President and General ...
2/6/2012Announces Randall J. Scott & Paul Zink Appointed to the Boar...
12/19/2011Appoints Randall J. Scott as President and CEO - Former Pres...
12/15/2011Appoints Randall J. Scott as President and CEO
8/24/2011appoints Chief Financial Officer
7/13/2011Appoints Paul Schlauch as Director and Norman Anderson as Ch...
3/24/2011Appoints 2011 Geological Team & Grants Options
3/14/2011Appoints Jaye Pickarts as Chief Operating Officer
2/17/2011 Appoints George Byers as VP - Government & Community Relati...
5/5/2010Appoints Dr. Tony Mariano and Matt Bender to Advisory Board
Financials of Rare Element Resources Ltd.
8/9/2013Reports June 30, 2013 Financial Results
5/8/2013Reports March 31, 2013 Financial Results
11/6/2012Announces September 30, 2012 First Quarter Financial Results
5/10/2012Files March 31, 2012 Third Quarter Financial Results
2/14/2011Reports Second Quarter Financial Results
11/16/2010Reports First Quarter Financial Results
Project news of Rare Element Resources Ltd.
2/6/2014(Bear Lodge)EIS Begins on Rare Element's Bear Lodge Project
12/19/2013Increases Resource at Whitetail Ridge
11/11/2013Pilot Plant Testing Validates Advantanges
9/19/2013(Bear Lodge)Enters into Memorandum of Understanding with US Forest Servi...
8/14/2013(Bear Lodge)Extends 2013 Bear Lodge Development Drilling Program
5/23/2013(Bear Lodge)Development Milestone Achieved at Rare Element's Bear Lodge ...
3/18/2013(Bear Lodge)Reports 65 Percent Increase of Total M&I Rare-Earth Mineral...
10/10/2012(Bear Lodge)Reports on Progress of Metallurgical Testwork on Bear Lodge ...
9/26/2012Reports Positive 2012 Drilling Program Results
6/26/2012Reports 2012 Drilling and Exploration Program Underway
5/7/2012Reports 10 Percent Increase of M & I Rare-Earth Mineral Reso...
12/5/2011(Bear Lodge)Announces Completion of 2011 Drilling Program at Bear Lodge
11/10/2010(Bear Lodge)Reports Additional REE Assays From Bull Hill SW and Initial ...
11/10/2010(Sundance Gold)Reports Second Round 2010 Gold Drilling Assays
11/10/2010(Bear Lodge)files Preliminary Economic Assessment of the Bear Lodge Rare...
10/5/2011(Bear Lodge)Bear Lodge exploration advances rapidly
7/28/2011Applauds U.S. House Committee Passage of Strategic Resource...
5/18/2011(Bear Lodge)Summarizes Results from its 2010 REE Exploration Program and...
4/6/2011(Bear Lodge)Reports Final REE Assay Results from 2010 Drilling at the Bu...
3/17/2011(Sundance Gold)Reports Inferred Mineral Resource Estimate for Sundance Gold...
2/17/2011(Bear Lodge) Appoints George Byers as VP - Government & Community Relati...
2/7/2011(Bear Lodge)Reports Additional REE Assays From Resource Areas and a New ...
1/11/2011(Bear Lodge)Reports Additional Rare Earth Assays From the Bull Hill SW R...
1/6/2011(Sundance Gold)Reports Final 2010 Gold Drilling Assay Results, Including So...
10/13/2010(Bear Lodge)Reports Collection of Bulk Sample for Proposed Pilot Plant T...
9/29/2010(Bear Lodge)Announces Positive Results of Scoping Study on Bear Lodge Ra...
9/16/2010(Bear Lodge)Reports Initial Drilling Results from 2010 Rare Earths Drill...
5/27/2010(Bear Lodge)0% Increase in Rare-Earth Mineral Resources
4/28/2010(Bear Lodge)Initiates Government Affairs Program
3/9/20102009 Rare Earth Drilling Results from the Bull Hill Northwes...
10/20/2009(Bear Lodge)Begins a Scoping Study on Rare-Earth-Element Potential at Be...
9/29/2009(Bear Lodge)Makes Significant Progress with Rare-Earths Metallurgical Te...
8/24/2009(Bear Lodge)Initiates 2009 Rare-Earths Drilling Program
7/13/2009(Bear Lodge) Receives Permit for Expanded Drill Program
3/31/2008(Bear Lodge)Reports Rare-Earths Drill Results
Corporate news of Rare Element Resources Ltd.
2/27/2014to Participate in Largest Mining Conference of the Year
2/3/2014Transitions Geological Team
1/21/2014Files for Utility Patent on Recovery Technology
12/19/2013Trouble with the tables?
12/16/2013Announce EIS Contractor and PM
11/12/20133rd Quarter Results
9/25/2013Announces $8.0 Million Offering
6/11/2013Files Shelf Registration
6/5/2013Independent Labs Confirm Success of Rare Element's Proprieta...
5/3/2013Files NI 43-101 Technical Report Detailing Previously Announ...
4/19/2013Mark T. Brown Resigns as Director of Rare Element
3/18/2013Reports December 31, 2012 Financial Results, Substantial Inc...
3/11/2013Reports Additional Drilling Results High in Critical Rare Ea...
3/4/2013Bench Scale Metallurgical Processing Tests Produce a 90+% R...
2/25/2013to Present at Upcoming PDAC 2013 Investor Exchange
2/20/2013provides information of cease trade on TSX
2/11/2013Announces Priorities for 2013
12/10/2012Drilling Results Expand District-wide Enrichment Zones of Cr...
11/8/2012Announces Annual General Meeting and Director Nominees; Adop...
10/16/2012Provides Support to Colleges and Universities for REE Resear...
9/21/2012Added to S&P/TSX SmallCap Index
9/13/2012(Bear Lodge)Announces June 30, 2012 Year End and Fourth Quarter Financia...
8/13/2012s Its Community Relations Activities
5/7/2012Reports 10 Percent Increase of M & I Rare-Earth Mineral Reso...
4/13/2012(Bear Lodge)Announces Revised and Improved Economic Results from Pre-Fe...
4/12/2012Schedules Conference Call for Tuesday, April 17, 2012, 3:30p...
3/26/2012Reports Additional 2011 Rare Earth Element and Gold Drilling...
3/15/2012Commences Separation Testing and Heavy Rare Earth Testing
3/1/2012(Bear Lodge)Announces Positive Economic Results from Pre-Feasibility Stu...
2/27/2012Reports 2011 Gold Drilling Assay Results, Including the Best...
2/10/2012(Bear Lodge)Files December 31 Second Quarter Financial Results and Updat...
1/22/2012Chairman Don Ranta interviewed by Charles Payne on Fox Busin...
1/4/2012(Bear Lodge)Reports 38 Percent Increase of M & I Rare-Earth Mineral Reso...
12/21/2011Reports Additional Drilling Results And Progress with Pilot ...
11/10/2011(Bear Lodge)Files September 30 Financial Results And Commencement of Pre...
11/8/2011mentioned in John Kaiser interview by The Critical Metals Re...
10/27/2011(Bear Lodge)Reports Initial 2011 Drilling Results From Bear Lodge
9/7/2011Releases Rare Earth Metallurgical Test Results and Begins Pi...
8/15/2011Ringing the Opening Bell of the NYSE Amex on August 16, 2011
8/5/2011(Bear Lodge)Discovers Heavy Rare Earths at Whitetail Ridge, East Taylor ...
8/4/2011Discovers Heavy Rare Earths at Whitetail Ridge, East Taylor ...
7/27/2011Applauds U.S. House Committee Passage of Strategic Resources...
6/28/20112011 REE Drilling Underway
6/14/2011(Bear Lodge)Reports Upgrade and Significant Increase of Rare-Earth Miner...
5/26/2011shares to trade on the Toronto Stock Exchange on May 27, 201...
11/8/2010Receives $5.8 Million and Implements a Shareholder Rights Pl...
12/22/2010Closes Financing
12/14/2010Files Final Prospectus in Canada
9/22/2010Reports Initial Gold Assays
8/17/2010to commence trading on the NYSE Amex
8/18/2010Makes Progress Toward a Commercial Process with Rare-Earths ...
7/13/2010Drilling Begins at Rare Element's Sundance Gold Project
6/28/2010Makes Progress with Government Affairs Program
5/12/2010Maintains 100% Interest in gold
4/13/2010Closes $8.8 Million Financing
3/18/2010$7.8 Million Offering
2/5/2010Named to 2010 TSX Venture 50
1/8/2010Acquires Nuiklavik REE Project in Labrador, Canada
12/7/20092009 Drill Program Tests Gold Targets at Bear Lodge
12/1/2009Options Eden Lake Rare-Earth Property to Medallion
11/19/2009Files US SEC Registration Form 20F
10/22/2009US government begins to focus on rare earths
10/13/2009Identifies High-Potential Whitetail Ridge Rare-Earth Target
7/21/2009Drilling Begins at Rare Element's Sundance Gold Venture
5/23/2009increases financing to $1,500,000, files Tier One applicatio...
10/21/2008Makes Progress with 2008 Exploration Program and Provides Fi...
7/15/2008s Resources' Gold Exploration Program Initiated
5/29/2008Reports on Gold Metallurgical Test Results
2/18/2008's Rare-Earths Metallurgical Testing Underway
1/17/2008' new corporate profile
1/11/2008Upcoming conference
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TORONTO (RES.TO)Other OTC (RRLMF)
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