Scandium Canada Ltd. 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 Ltd. 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 [...]
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 [...]
Scandium Canada announces that it will voluntarily delist its shares from the US OTCQB equity market effective March 1, 2025. After a thorough review of its two main listings the Management and Board of the Company have determined that the costs associated with a dual listing are not warranted at this time and that savings from this decision will go to support its new division that focuses on the pre-commercialisation of [...]
Scandium Canada is pleased to update its stakeholders on the development of its value-added division, which was announced in its press release of Novr 28, 2024, Scandium Canada Ltd. makes changes to its management team and corporate structure to generate revenues and secure a healthy scandium market in parallel to the development of its Scandium and Rare Earth project "The Crater Lake Project" in northeastern Quebec. In [...]
Scandium Canada announces the closing, as of Dec 27, 2024, of the second tranche of its previously announced non-brokered flow-through private placement as well as the closing of the first tranche of its previously announced non-brokered private placement of common shares in the capital of the Corporation. FLOW-THROUGH OFFERING The Flow-Through Offering consist of the issuance of 2,580,000 Common Shares, that qualify as [...]
Scandium Canada Ltd. is pleased to announce the closing of the first tranche of a non-brokered private placement for aggregate proceeds of $620,000 . This Offering consist of the issuance of 24,800,000 common shares in the capital of the Corporation , that qualify as "flow-through share" pursuant to subsection 66 of the Income Tax Act and section 359.1 of the Taxation Act , at a price of $0.025 per Flow-Through Share. The [...]
Scandium Canada is pleased to inform its shareholders and the various stakeholders interested in its development, of modifications to its management team and corporate structure. CHIEF FINANCIAL OFFICER APPOINTMENT Following the decision of Mrs. Isabelle Gauthier, Chief Financial Officer of the Company, to dedicate more time to other existing clients, the Company is very pleased to welcome Mr. Steve Nadeau, CPA, as its [...]
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 [...]
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