Scandium Canada is pleased to report the assay results from the Crater Lake Summer 2024 drilling program on the TG scandium-rare earth mineralized zone. Assay results continue to return substantial intersection widths of scandium-bearing olivine rich ferrosyenite. With all of the results in, Scandium Canada now plans to undertake an updated 43-101 Mineral Resource Estimate to reflect the extension to the South of the [...]
Scandium Canada Ltd. is pleased to inform its shareholders and the various stakeholders interested in its work, of its recent developments and business forecasts for the current quarter. Crater Lake Property During the summer of 2024, the Company undertook and completed a 2-part drilling program on Scandium Canada's flagship Crater Lake property. One of the objectives was to confirm the potential extension of the TG Zone [...]
Scandium Canada is pleased to inform its shareholders and stakeholders of the filing with the United States Patent and Trademark Office of a provisional patent entitled "Aluminum alloy powders for additive manufacturing. Methods of producing the same and uses thereof". In addition to advancing its Crater Lake scandium and rare earth project, Scandium Canada has developed two aluminum scandium alloys and their powders [...]
Scandium Canada announces closing of a non-brokered private placement for aggregate gross proceeds of $287,000 and closing of a non-brokered flow-through private placement for aggregate gross proceeds of $132,500. Hard Cash Offering The Offering consisted of the issuance of 7,175,000 units of the Corporation at a price of $0.04 per Unit. Each Unit consists of one common share of the Corporation and one Common Share [...]
Scandium Canada announces that its intention to complete a non-brokered private placement for proceeds of up to $1,000,000. This Offering consist of the issuance of a maximum of 25,000,000 units of the Corporation at a price of $0.04 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 [...]
Scandium Canada announces that it has closed its previously announce non-brokered private placement for gross proceeds of $226,849.98. The Offering consisted of the issuance of a total of 6,028,392 units of the Corporation, being 2,857,142 Units at a price of $0.035 per Unit and 3,171,250 Units at a price of $0.04 per Unit. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant [...]
Scandium Canada is pleased to announce, following the closing of the two first tranches of its non-brokered private placement of flow-through shares, its intention to close a third tranche of the Private Placement on or prior to September 5, 2024 As previously announced, the Private Placement consists of the issuance of a maximum of 60,000,000 units of the Corporation at a price of $0.05 per Unit, for aggregate gross [...]
Scandium Canada is pleased to report that it has completed 2,854 m of diamond drilling on its Crater Lake project and that it is currently demobilizing the drilling equipment. The drilling campaign had two main objectives. The first one was to complete geomechanical drilling to determine the optimal angles of the slopes of the proposed open pit design for the pre-feasibility study. It totaled 1,669 m in 6 holes. The [...]
Scandium Canada announces the completion of a second tranche of its previously announced non-brokered private placement of flow-through shares, for additional gross proceeds of $473,000. The second tranche of the Offering consisted of the issuance of 9,460,000 units of the Corporation at a price of $0.05 per Unit. Each Unit consists of one common share of the Corporation that qualifies as "flow-through share" pursuant to [...]
Scandium Canada is pleased to announce that its ongoing private placement, previously announced by news release dated July 12, 2024, has been increased from $100,000 to $1,000,000 due to excess demand. The Corporation now intends to complete a non-brokered private placement offering of up to 6,607,142 units, being 2,857,142 Units at a price of $0.035 per Unit and 22,500,000 Units at a price of $0.04, for total gross [...]
Scandium Canada Ltd. announced on July 8, 2024, that it had closed its previously announced rights offering to the holders of common shares in the capital of the Corporation. The Rights Offering expired at 4:00 p.m. on July 5, 2024. The Corporation issued 30,769,231 units of the Corporation at a subscription price of $0.0325 per Unit for aggregate gross proceeds of $1,000,000. The net proceeds of the Rights Offering will [...]
Scandium Canada Ltd. is pleased to confirm that it has received $1M from its Rights Offering launched on June 3, 2024 and that closed on July 5,,2024 Guy Bourassa, CEO of Scandium Canada, said, "We are pleased with the results of the Offering, a clear demonstration of the interest of Scandium Canada's shareholders in the development of their Company. As we are advancing the development of the main primary source of [...]