Scandium Canada Ltd. (TSX-V: SCD) is reminding holders of its outstanding share purchase warrants that the warrants will expire at 5:00 p.m. (Eastern Time) on Wednesday, July 8, 2026. The warrants were issued pursuant to the company's rights offering that closed on July 5, 2024. Each warrant entitles the holder to purchase one common share of the company at a price of $0.05 until the Expiry Date.
Any warrants that remain unexercised as of the Expiry Date will expire, be cancelled and cease to be outstanding, without any shares being issued to the holders. The company emphasized that the exercise of warrants is voluntary, and holders must instruct their broker to exercise on their behalf. Because brokerage firms require instructions in advance of the Expiry Date to process exercises, holders wishing to exercise their warrants are encouraged to contact their broker no later than 3:30 p.m. (Eastern Time) on Monday, July 6, 2026.
Holders should contact their broker directly to confirm the applicable internal deadlines and exercise procedures. General questions may be directed to the company by email at info@scandium-canada.com.
Scandium Canada is a critical minerals mining and advanced materials company developing North America's only primary source of scandium at its Crater Lake project in Nunavik, Québec. Through Scalium+, its wholly owned commercialization subsidiary, the company brings proprietary, patent-pending aluminum-scandium (Al-Sc) alloys and the Scalium® line of alloys and technologies to market today, while advancing the Crater Lake mining project for the future. This dual-engine strategy positions Scandium Canada to anchor a secure North American scandium supply chain and to shape the future of lighter, stronger and longer-lasting materials for advanced manufacturing end users.
The company cautions that this news release contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information is based on assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. Although the company believes the expectations reflected in such information are reasonable, undue reliance should not be placed on it. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the company's disclosure documents on the SEDAR+ website at www.sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. For additional information, contact Scandium Canada Ltd. Chief Executive Officer Guy Bourassa at +1 (418) 580-2320 or visit the company's website at www.scandium-canada.com.
