Scandium Canada Ltd. confirms that all shareholders that have their shares in a brokerage account, have now received directly in their account, the Rights to subscribe Units of the Corporation. They are referred to as SCD.RT and are listed for trading on the TSX Venture Exchange. Since the exercise of the Rights is done electronically, nobody will contact you and no Subscription form was sent. Please note that if you wish [...]
Scandium Canada Ltd. announces that it has closed a non-brokered private placement for aggregate gross proceeds of $500,000. The Offering consisted of the issuance of 10,000,000 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 subsection 66 of the Income Tax Act, and one-half Common Share purchase warrant [...]
Scandium Canada is pleased to announce the opening of its work camp at its flagship Crater Lake project in northeastern Quebec and the start of the summer 2024 field work program. Crater Lake is the only active primary scandium project globally. The Company has a permanent camp at Crater Lake that is accessible via helicopter or float plane. The camp cook and general handyman arrived on site June 13 to prepare. Staff from [...]
Scandium Canada is pleased to update stakeholders on its effort to establish and support a fully integrated Scandium supply chain, from mining to downstream applications. The company's flagship Crater Lake project in northeastern Quebec is one of the few primary scandium deposits globally. It is expected to address the concerns of manufacturers seeking reliable supplies of scandium before integrating into their value [...]
Scandium Canada announces that it is offering rights to eligible holders of its common shares of record at the close of business on June 10, 2024 . Pursuant to the Rights Offering, each holder of Common Shares resident in a province or territory in Canada will receive one right for each Common Share held. Each whole Right will entitle the holder to subscribe for 0.426614 of a unit. Holders will need to exercise 2.344039 [...]
Scandium Canada is pleased to announce that it has signed a Pre-Development Agreement with the Naskapi Nation of Kawawachikamach concerning the Company's Crater Lake scandium and rare earth projec. This Agreement allows for pre-development activities to be undertaken on the property until a positive feasibility study compliant to NI 43-101 regulation is completed. Guy Bourassa, CEO stated, "I am very glad that we have [...]
Scandium Canada is pleased to announce the formation of a Strategic Advisory Committee. The Strategic Advisory Committee is composed of independent, highly qualified and knowledgeable individuals in the field of scandium, materials and business development. Their advice and suggestions will help guide Scandium Canada as it grows into a leader in its space. "The strength of the Strategic Advisory Committee will greatly [...]
Scandium Canada is pleased to provide an update on its mineral processing campaign announced in its press release of Oct 24, 2023. The Company started optimizing its mineral processing and hydrometallurgical flowsheet for scandium and rare earths at SGS Canada, to support the preparation of a PFS of the Crater Lake Project. This optimization campaign uses a 600 kg ore sample from a 15-ton bulk sample extracted from Crater [...]
Imperial Mining Group is pleased to announce that, further to its press release dated Feb 7, 2024, the TSXV has approved the Company's name change from Imperial Mining Group Ltd. to Scandium Canada Ltd. and trading symbol change from "IPG" to "SCD" on the TSXV. Furthermore, it is also expected that the Company's shares will trade under the new symbol "SCDCF" on the OTCQB. Trading in the common shares of the Company under [...]
Imperial Mining Group Ltd. is pleased to announce that shareholders approved a Company name change to "Scandium Canada Ltd." at the Annual and Special Meeting of Shareholders held on February 6, 2024. The Name Change and rebrand was proposed as part of the Company's efforts to position itself as a leader in the scandium and strategic minerals sector. "We want Scandium Canada to be the first company people think of when [...]
Imperial Mining Group is pleased to announce that it has appointed Guy Bourassa to the position of Chief Executive Officer effective immediately. Pierre Neatby, the current President and CEO will remain President and take on the role of Chief Operating Officer. Mr. Bourassa's appointment will add visionary leadership to Imperial's management team as well as bring additional valuable critical metals experience to the [...]
Imperial Mining Group is pleased to announce that it closed today a non-brokered Critical Minerals Flow-Through private placement through the issuance of 10,200,000 shares on a "flow-through" basis at a price of $0.10 per FT Share for aggregate gross proceeds of $1,020,000. "The Offering supports our 2024 objectives of progressing Crater Lake towards a Pre-Feasibility Study. The Company will complete fundamental work on [...]
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