Insider Purchase by Synchron (10%)
Trade Summary
6 months ago, Synchron, serving as 10% owner at Rare Element Resources Ltd (REEMF), purchased 100,149,060 shares at $0.24 per share, for a total transaction value of $24,035,774.00. Following this transaction, Synchron now holds 460,889,576 shares of REEMF.
This purchase represents a 28.00% increase in Synchron's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Tuesday, March 10, 2026 and publicly disclosed via SEC Form 4 filing on Monday, March 23, 2026 at 4:59 PM ET, 13 days after the trade was made.
Rare Element Resources Ltd operates in the BASIC MATERIALS sector, specifically within the OTHER INDUSTRIAL METALS & MINING industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$0.24
Quantity
100,149,060
Total Value
$24,035,774.00
Shares Owned
460,889,576
Trade Date
195 days ago
SEC Filing Date
at 4:59 PM ET
Filed 13 days after trade
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