Scandium Canada Warns Warrant Holders of Imminent Expiry, Urges Action Before July 6 Deadline

Scandium Canada Ltd. (TSX-V: SCD) is urging holders of its outstanding share purchase warrants to act promptly as the warrants approach their expiration date. The warrants, issued as part of a rights offering that closed on July 5, 2024, will expire at 5:00 p.m. Eastern Time on Wednesday, July 8, 2026. Holders who wish to exercise their warrants must instruct their brokers no later than 3:30 p.m. Eastern Time on Monday, July 6, 2026, to allow sufficient time for processing.

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 not exercised by the deadline will be cancelled, and no shares will be issued. The company emphasized that the exercise is voluntary, and holders must contact their brokerage firms directly to confirm internal deadlines and procedures.

This reminder is critical for investors who may have purchased the warrants during the rights offering or subsequently on the secondary market. The warrants represent a potential opportunity to acquire shares at a fixed price, which could be valuable if the company’s stock price rises above the exercise price. However, failure to act will result in the loss of that opportunity.

Scandium Canada is a critical minerals mining and advanced materials company focused on developing North America’s only primary source of scandium at its Crater Lake project in Nunavik, Québec. Through its wholly owned subsidiary Scalium+, the company commercializes proprietary aluminum-scandium alloys and technologies. This dual-engine strategy aims to establish a secure North American scandium supply chain for advanced manufacturing sectors.

The company’s forward-looking statements caution that the exercise of warrants and the company’s future performance are subject to risks and uncertainties, as detailed in its disclosure documents on SEDAR+. Investors should review these materials before making decisions.

For further information, holders can contact their brokers or direct general inquiries to the company at Scandium Canada’s website. The original press release is available on NewMediaWire.

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