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PART II
ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS
AND ISSUER PURCHASES OF EQUITY SECURITIES
MARKET INFORMATION
Our common shares began trading on the TSX-V in Toronto, Ontario, Canada, on November 15, 1999
under the former name Spartacus Capital Ltd. under the ticker symbol “SCI.” The Company graduated to the TSX
on May 27, 2011, under the ticker symbol “RES,” where our common shares traded through December 31, 2015,
after which time they were voluntarily delisted by us and ceased to trade on the TSX. Our common shares traded on
the NYSE MKT under the ticker symbol “REE” from August 18, 2010 through February 26, 2016. Our common
shares currently trade on the OTCQB marketplace under the ticker symbol “REEMF.”
The following table sets forth the intraday high and low sales prices of our common shares for each
quarterly period as reported by the NYSE MKT:
Period
High US$
Low US$
Fiscal year ended December 31, 2015
First Quarter
1.06
0.24
Second Quarter
0.89
0.42
Third Quarter
0.48
0.28
Fourth Quarter
0.33
0.15
Fiscal year ended December 31, 2014
First Quarter
2.12
1.40
Second Quarter
1.57
1.17
Third Quarter
1.37
0.60
Fourth Quarter
0.67
0.35
As of March 28, 2016, the closing price per share for our common shares as reported by the OTCQB marketplace
was US$0.13.
As of March 29, 2016, we had 52,941,880 common shares issued and outstanding, held by approximately 43
shareholders of record.
DIVIDEND POLICY
We have not declared any dividends since our incorporation and do not anticipate that we will do so in the
foreseeable future. Payment of any future dividends, if any, will be at the discretion of the Board after taking into
account many factors, including operating results, financial conditions and anticipated cash needs.
REPURCHASES OF EQUITY SECURITIES
During the quarter ended December 31, 2015, neither the Company nor any affiliate of the Company
repurchased common shares of the Company registered under Section 12 of the Exchange Act.
RECENT SALES OF UNREGISTERED SECURITIES
There were no sales of unregistered securities during the year ended December 31, 2015.