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

August 29, 2025 — Scandium Canada Ltd. (TSX-V: SCD) has announced a non-brokered private placement aiming to raise $500,000. The placement involves issuing 20,000,000 units at $0.025 each, with each unit comprising one common share and one warrant. Each warrant allows the holder to acquire a common share at $0.05 for 24 months following the issue date.

The net proceeds will fund general and administrative expenses. No funds will be used for investor relations or payments to related parties or investor relations personnel.

Securities issued under this placement, including common shares underlying the warrants, are subject to a four-month restriction period under Canadian law and any concurrent hold period imposed by the TSX Venture Exchange. The placement is pending TSX Venture Exchange approval and is expected to close on or about September 5, 2025.

This release does not constitute an offer to sell or a solicitation of an offer to buy securities in the United States. The securities have not been registered under the U.S. Securities Act of 1933 and may not be offered or sold in the U.S. absent registration or an applicable exemption.

Scandium Canada Ltd. aims to become a market leader in scandium, focusing on producing the world's primary source of scandium to enable the development and commercialization of aluminum-scandium alloys. The company relies on its Al-Sc alloy development subsidiary and its Crater Lake mining project.

Guy Bourassa, Chief Executive Officer, can be reached at +1 (418) 580-2320 or info@scandium-canada.com.

Source: Scandium Canada Ltd.