Scandium International Mining Announces Grant of Options

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1384-1264-0785, v. 1

NEWS RELEASE

TSX-V: SCY

March 2, 2026

NR 26- 01

www.scandiummining.com

SCANDIUM INTERNATIONAL MINING ANNOUNCES GRANT

OF OPTIONS

Reno, Nevada, March 2, 2026 – Scandium International Mining Corp. (TSX -V: SCY

and OTC PINK: SCYYF) (“Scandium International” or the “Company”) announces that

incentive stock options have been granted to directors, officers, employees and

consultants to purchase up to 11,500,000 common shares at a price of C$0.09 per share

for five years, pursuant to its Omnibus Equity Incentive Plan. These stock options will vest

immediately. This is the first grant of options since November 2023.

For inquiries to Scandium International Mining Corp, please contact:

Peter Evensen, President and CEO

Tel: (775) 355-9500

Harry de Jonge (Controller)

Tel: (702) 703-0178

Email: [email protected]

Cautionary Note Regarding Forward-Looking Information

This news release includes certain information that may be deemed "forward- looking

information". Forward- looking information can generally be identified by the use of

forward-looking terminology such as "may", "will", "expect", "intend", "believe", "continue",

"plans" or similar terminology, or negative connotations thereof. All information in this

release, other than information of historical facts, general future plans and objectives for

the Company and the N yngan Scandium Project, are forward- looking information that

involve various risks and uncertainties. Although the Company believes that the

expectations expressed in such forward- looking information are based on reasonable

assumptions, such expectations are not guarantees of future performance and act ual

results or developments may differ materially from those in the forward- looking

information.

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For more information on the Company and the key assumptions, risks and challenges

with respect to the forward-looking information discussed herein, and about our business

in general, investors should review the Company's most recently filed annual information

form, and other continuous disclosure filings which are available at

www.scandiummining.com Readers are cautioned not to place undue reliance on

forward-looking information. The Company does not undertake to update any forward-

looking information, except in accordance with applicable securities laws.