Scandium Canada Reminds Warrant Holders of Upcoming Expiry Date

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 under the company’s rights offering that closed on July 5, 2024. Each warrant entitles the holder to purchase one common share of Scandium Canada at a price of $0.05 until the Expiry Date. Any warrants not exercised by that time will expire, be cancelled, and cease to be outstanding, with no shares issued to the holders.

Because the warrants are held through brokerage firms, holders must instruct their brokers to exercise on their behalf. Scandium Canada advises holders to contact their broker no later than 3:30 p.m. (Eastern Time) on Monday, July 6, 2026, due to internal processing deadlines. The company emphasizes that the exercise of warrants is voluntary and that holders should confirm their broker’s specific procedures and deadlines directly.

This reminder is significant for warrant holders who may be considering exercising their rights. The low exercise price of $0.05 per share could present an opportunity to acquire shares at a favorable price, depending on the current market value. Failure to act before the deadline will result in the loss of the warrant value. General questions can be directed to the company via email at [email protected].

Scandium Canada is a critical minerals mining and advanced materials company developing the Crater Lake project in Nunavik, Québec, which it describes as North America’s only primary source of scandium. Through its wholly owned subsidiary Scalium+, the company markets proprietary aluminum-scandium alloys and the Scalium® line of products. The company’s dual strategy aims to secure a North American scandium supply chain and support advanced manufacturing end users. More information is available on the company’s website at www.scandium-canada.com.

Forward-looking statements in the release are based on assumptions and subject to risks and uncertainties. The company undertakes no obligation to update them except as required by law. For further details, refer to Scandium Canada’s disclosure documents on SEDAR+ at www.sedarplus.ca.