Scandium Canada Announces $500,000 Non-Brokered Private Placement

August 29, 2025 — Leads & Copy — Scandium Canada Ltd. (TSX-V: SCD) has announced its intention to complete a non-brokered private placement for proceeds of $500,000.

The offering consists 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 and one common share purchase warrant. Each warrant entitles the holder to purchase one common share at an exercise price of $0.05 per common share for 24 months from the date of issuance.

The net proceeds will be used for general and corporate working capital purposes. No proceeds will be used for investor relations or payments to non-arm's length persons or those conducting investor relations activities.

The securities issued, including the common shares underlying the warrants, will be subject to a hold period of four months and one day under Canadian securities laws and the TSX Venture Exchange hold period. The offering is subject to the approval of the Exchange, with closing expected on or about September 5, 2025.

This news release does not constitute an offer to sell securities in the United States, as the securities have not been and will not be registered under the U.S. Securities Act of 1933.

Guy Bourassa, Chief Executive Officer Phone: +1 (418) 580-2320 Email: info@scandium-canada.com

Source: Scandium Canada Ltd.