Rare Element Resources (REEMF) Form 3 RARE ELEMENT RESOURCES / Kenneth J. Mushinski ownership change

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Mushinski Kenneth J.

(Last) (First) (Middle)

P.O. BOX 271049

(Street)

LITTLETON CO 80127

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
11/17/2017

3. Issuer Name and Ticker or Trading Symbol
RARE ELEMENT RESOURCES LTD [ REEMF ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

Synchron, a California corporation ("Synchron"), has the right to designate two directors for appointment or election to the board of directors of Rare Element Resources Ltd. ("Rare Element") pursuant to the Investment Agreement, dated October?2, 2017, between Synchron and Rare Element, subject to certain conditions. Synchron has designated Kenneth J. Mushinski, who was appointed to the board of directors of Rare Element on November 17, 2017. Exhibit List: Exhibit 24 - Power of Attorney

No securities are beneficially owned.

	/s/ Randall J. Scott as Attorney-in-Fact for Kenneth J. Mushinski	11/27/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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