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Press release from Marketwire

Mark T. Brown Resigns as Director of Rare Element

Friday, April 19, 2013

Mark T. Brown Resigns as Director of Rare Element

16:15 EDT Friday, April 19, 2013

LAKEWOOD, COLORADO--(Marketwired - April 19, 2013) - Rare Element Resources Ltd. (NYSE Amex:REE)(NYSE MKT:REE)(TSX:RES) (the "Company") today announced that Mark T. Brown has resigned his position on the Board of Directors. Mr. Brown was previously on the Company's Board from June, 1999 through February, 2012 and then again from December 11, 2012 through April 18, 2013. Mr. Brown resigned for personal reasons.

"On behalf of the Board of Directors and the Company, I'd like to extend my sincere gratitude to Mark for his contributions to Rare Element Resources over the prior years, as a director, a former CFO, and one of the founding shareholders," said Donald E. Ranta, Chairman of the Board of Directors. "Mark was instrumental in advancing our financial strategy to fund the Company and build a strong foundation in our early years."

Rare Element Resources Ltd. is a publicly traded mineral resource company focused on exploration and development of rare-earth elements (REEs), with a significant distribution of critical rare earths (CREEs). In addition to the REE exploration and evaluation efforts, the Company controls the Sundance gold project, which is located on the same property in Wyoming.

For additional information please refer to the Company's website at www.rareelementresources.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

Contact Information:
Rare Element Resources Ltd.
David Suleski
720-278-2468
www.rareelementresources.com

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