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RARE ELEMENT RESOURCES LTD.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY
(Expressed in thousands of U.S. Dollars)
Number of
Shares
Amount
Additional
Paid in
Capital
Accumulated Other
Comprehensive
Income/(Loss)
Accumulated
Deficit
Total
Balance, December 31, 2013
47,627,245
$ 100,513
$ 22,850
$ -
$ (99,441)
$ 23,922
Exercise of options
79,971
139
(181)
-
-
(42)
Stock-based compensation
-
-
517
-
-
517
Net loss for the period
-
-
-
-
(14,029)
(14,029)
Balance, December 31, 2014
47,707,216
$ 100,652
$ 23,186
$ -
$ (113,470)
$ 10,368
Shares issued:
For private placement
5,230,770
2,985
91
-
-
3,076
Exercise of options
3,894
3
(2)
-
-
1
Stock-based compensation
-
-
254
-
-
254
Net loss for the period
-
-
-
-
(9,678)
(9,678)
Balance, December 31, 2015
52,941,880
$ 103,640
$ 23,529
$ -
$ (123,148)
$ 4,021
See accompanying notes to consolidated financial statements.