Scandium Canada is pleased to announce that, due to strong demand, including from existing shareholders, its previously announced private placement, is now oversubscribed. The Company has elected to upsize the Offering for aggregate gross proceeds of C$564,500. This Offering consist of the issuance of units of the Corporation at a price of $0.025 per Unit. Each Unit consists of one common share of the Corporation and one [...]
Scandium Canada announces its intention to complete a non-brokered private placement for proceeds of $500 000. This Offering consist of the issuance of 20,000,000 units of the Corporation at a price of $0.025 per Unit. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.05 per [...]
Scandium Canada is pleased to announce a strategic initiative to engage with industrial users for its advanced patent-pending aluminum scandium alloys. In pursuit of industrial partnerships and market validation, Scandium Canada has retained the services of Productique Québec, a college technology transfer center of the Cégep de Sherbrooke, made up of a team of seasoned experts with significant outreach in [...]
Scandium Canada announces recent progress on the Crater Lake project and its aluminum-scandium alloys. Work at the Crater Lake site During June 2025, the Company conducted a brief work program at the site to determine the thickness of overburden at various locations of interest on the Crater Lake property in order to better guide future work. During this campaign, a series of drill cores stored on site were retrieved for [...]
Scandium Canada announces the closing of its previously announced non-brokered private placement of $334,000 subscribed by Taasipitaakin Trust, a trust controlled by the Naskapi Nation of Kawawachikamach. The Taasipitaakin Trust has subscribed to 16,700,000 units of the Corporation at a price of $0.02 per Unit. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant. Each Warrant [...]
Scandium Canada announces amendments to the 17,777,776 warrants issued in connection with the Corporation's private placement on July 7, 2023. These Warrants are modified as follows: extension of the exercise period of Warrants by two years, and consequently, the new expiration date of Warrants will be July 7, 2027 and modification of the exercise price of Warrants from $0.14 to $0.085 per common share. All other terms [...]
Scandium Canada announces its intention to complete a non-brokered private placement for proceeds of $334 000. This Offering consist of the issuance of 16,700,000 units of the Corporation at a price of $0.02 per Unit. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.05 per Common [...]
Scandium Canada is pleased to confirm that it has completed a campaign for the optimization of its mineral processing and hydrometallurgical flowsheet for scandium and rare earths recovery from the Crater Lake project at SGS Canada. The results of these tests will be used to prepare a Pre-Feasibility Study for the Crater Lake Project. The current process leads to a 99.5% purity for the scandium oxide precipitate, which is [...]
Scandium Canada is pleased to announce, the closing of the first tranche of its previously announced, on March 25 and April 1st, 2025, non-brokered private placement by way of unsecured loan agreements for aggregate gross proceeds of $410,000. The Loan Agreements bear interest at a rate of 10.00% calculated semi-annually. The interest on the Loan Agreements starts to accrue on closing date of the Offering and is [...]
Highlights: Scandium Canada's independent qualified persons report confirms Indicated Resources of 16.3 million tonnes grading 277.9 g/t Sc2O3 and Inferred Resources of 20.9 million tonnes grading 271.7 g/t Sc2O3 within the TG Zone. The TG Zone has been extended by over 250m to the South. This new Mineral Resource Estimate represents a 38% increase in total scandium tonnage for the Indicated Resources category and a 31 [...]
Scandium Canada announces amendment to its previously announced private placement on March 5, 2025, as the Corporation now intends to enter into unsecured loan agreements with investors for maximum gross proceeds of $750,000. The Loan Agreements will bear interest at a rate of 10.00% calculated semi-annually. The interests on the Loan Agreements will start to accrue on closing date of the Offering and will be calculated [...]
Scandium Canada announces its intention to complete a non-brokered private placement of unsecured convertible debentures in the capital of the Corporation to investors benefiting from prospectus exemption in accordance with Regulation 45-106 respecting Prospectus Exemptions for maximum gross proceeds of $750,000. Each Debentures will have a nominal value of $10,000. The Debentures will bear interest at a rate of 10.00 [...]