Scandium Canada Appoints Jeff Swinoga as Board Chairman, Signaling Strategic Push Toward Production

Scandium Canada Ltd. has announced the appointment of Jeff Swinoga as Chairman of its Board of Directors, effective February 4, 2026. Swinoga, a mining executive with over 25 years of experience in capital markets and project development, returns to the role he previously held from October 2021 to May 2025. His reappointment comes as the company focuses on advancing its flagship Crater Lake scandium project through its next critical phase toward production.

Swinoga’s career includes significant roles at major mining companies, where he has been instrumental in securing financing for large-scale projects. He served as Chief Financial Officer of Torex Gold Resources, leading a US$400 million financing package for the El Limon-Guajes gold mine in Mexico, and as CFO of HudBay Minerals during a period of growth that saw its market capitalization exceed $2 billion. He also spent seven years at Barrick Gold Corporation in senior project financing roles. Swinoga currently serves on the boards of other Canadian public mining companies and is President of Hive Advisory.

‘It is a great privilege to return to the Scandium Canada board,’ stated Jeff Swinoga. ‘Having witnessed the Company’s evolution firsthand over the past several years, I remain convinced of the exceptional potential of the Crater Lake project and the strategic vision of the management team. I look forward to supporting the Company through its next critical phase toward production.’

Scandium Canada’s CEO, Guy Bourassa, emphasized the strategic importance of Swinoga’s return. ‘We are delighted to welcome Mr. Swinoga back as Chairman,’ Bourassa said. ‘His deep knowledge of our project, combined with his extensive experience in financing and development, will be invaluable as we continue advancing the Crater Lake project and development of our Al-Sc alloys through our Scandium+ division.’

The company’s primary objective is to bring the Crater Lake project into production as a leading primary source of scandium, a critical mineral used in aluminum-scandium alloys that enable lighter, more durable, and higher-performance materials. These alloys have applications in aerospace, automotive, and other advanced manufacturing sectors, supporting the transition to greener technologies. The company’s progress and regulatory disclosures can be tracked through filings available on the SEDAR+ website.

Swinoga’s appointment signals a strengthened governance framework as Scandium Canada navigates the challenges of project financing and development. His track record in guiding companies from exploration to commercial production aligns with the company’s goal of becoming a market leader in scandium supply. The move underscores the company’s commitment to leveraging experienced leadership to capitalize on the growing demand for scandium in high-performance materials, while adhering to rigorous corporate governance and disclosure standards as outlined in its regulatory filings.

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