Scandium Canada announces Amendments to the Terms and Conditions of certain Warrants
June 25, 2025
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DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE
UNITED STATES.
Scandium Canada announces Amendments to the Terms and Conditions
of certain Warrants
MONTRÉAL (QU ÉBEC) – Scandium Can ada Ltd. (TSX-V: SCD) (OTC: SCDCF) (the
“Corporation”) announces amendments to the 17,777,776 warrants (the “ Warrants”) issued in
connection with the Corporation's private placement on July 7, 2023. These Warrants are modified
as follows: (i) extension of the exercise period of Warrants by two years, and consequently, the
new expiration date of Warrants will be July 7, 202 7 and (ii) modification of the exercise price of
Warrants from $0.14 to $0.0 85 per common share . All other terms and conditions of Warrants
remain unchanged. The amendment to the terms and conditions of Warrants is subject to the final
approval of the TSX Venture Exchange.
ABOUT SCANDIUM CANADA LTD.
Scandium Canada (TSX-V: SCD) is a public company whose ultimate goal is to bring the world's
leading primary source of scandium into operation, enabling the development and
commercialization of aluminum-scandium (Al-Sc) alloys. The Corporation is leveraging its Al-Sc
alloy development subsidiary and the development of its Crater Lake mining project to meet the
growing need for lighter, greener, longer -lasting, high-performance materials. The Corporation
aims to become a market leader in scandium, while comm itting itself to building a more
responsible economy through innovation and agility.
Forward-Looking Statements
All statements, other than statements of historical fact, contained in this press release including,
but not limited to, those relating to the approval of the TSXV in connection with the kj, and,
generally, the above “About Scandium Canada Ltd.” paragraph which essentially described the
Corporation’s outlook, constitute “forward -looking information" or “forward -looking statements”
within the meaning of applicable securities laws, and are based on expectations, estimates and
projections as of the time of this press release. Forward-looking statements are necessarily based
upon a number of estimates and assumption that, while considered reasonable by the Corporation
as of the time of such statements, are inherently subject to significant business, economic and
competitive uncertainties, and contingencies. These estimates and assumption may prove to be
incorrect. Many of these uncertainties and contingencies can directly or indirectly affect, and could
cause, actual results to differ materially from those expres sed or implied in any forward -looking
statements and future events, could differ materially from those anticipated in such statements. A
description of assumptions used to develop such forward-looking information and a description of
risk factors that may cause actual results to differ materially from forward-looking information can
be found in the Corporation’s disclosure documents on the SEDAR+ website at www.sedarplus.ca.
By their very nature, forward -looking statements involve inherent risks and uncertainties, both
general and specific, and risks exist that estimates, forecasts, projections and other forward -
looking statements will not be achieved or that assumptions do not reflect future experience.
Forward-looking statements are provided for the purpose of providing information about
management’s endeavors to develop the Crater Lake project, and, more generally, its
expectations and plans relating to the future. Readers are cautioned not to place undue reliance
on these forward-looking statements as a number of important risk factors and future events could
cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations,
anticipations, es timates, assumptions and intentions expressed in such forward -looking
statements. All of the forward-looking statements made in this press release are qualified by these
cautionary statements and those made in our other filings with the securities regulators of Canada.
The Corporation disclaims any intention or obligation to update or revise any forward -looking
statement or to explain any material difference between subsequent actual events and such
forward-looking statements, except to the extent required by applicable law. Neither the TSX
Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional information, please contact :
Scandium Canada Ltd.
Guy Bourassa
Chief Executive Officer
Phone: +1 (418) 580-2320
Email: [email protected]
Website: www.scandium-canada.com
LinkedIn: Scandium Canada Ltd.
X: @ScandiumCanada
Facebook: Scandium Canada
Instagram: @scandiumcanada