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Scandium Canada advances strategic plan for commercialization of proprietary alloys

Shareholder Letters & Outlook

Scandium Canada advances strategic plan for commercialization of

proprietary alloys

Montreal, QC, November 6, 2025 — Scandium Canada Ltd. (TSX-V: SCD) is pleased to update

shareholders on the commercialization efforts of its patent -pending Aluminum -Scandium alloys

through its division, Scandium+.

The company has entered into a Memorandum of Understanding (MOU) with Gränges Powder

Metallurgy (GPM), a global supplier of sprayformed aluminum products and aluminum powders for

additive manufacturing, specializing in high -performance aluminum alloys. Under this MOU,

Scandium Canada and GPM will explore integrating Scandium Canada’s proprietary scandium -

modified AA535 and AA7075 alloys into GPM’s product offering.

“Scandium Canada’s proprietary alloys directly address the critical need for printable, high-strength,

and lightweight metals in sectors such as aerospace, automotive, and advanced manufacturing. This

advancement is expected to accelerate the adoption of lightweight structures in critical applications,

supporting global efforts toward sustainability, energy efficiency, and improved engineering design.

The GPM MOU is testimony to our efforts to cooperate at different levels of the scandium value chain

to accelerate the uptake of our alloys, ” commented Dr. Luc Duchesne, Head of Scandium+ division

and Chief Science Officer.

The Company has also received Productique Quebec’s report on their analysis of the best-case uses

of its patent -pending Aluminum -Scandium alloys. Considering the main attributes of Scandium

Canada’s Al -Sc powders —namely, reduced scandium content, a broad processing window,

suitable mechanical properties, and minimized defect density —the Productique study identified 13

target alloy applications for specific industrial users, including welding wires, aircraft ducting, and

heat exchangers. Each of the thirteen applications is attached to particular commercial

stakeholders that could benefit from Scandium Canada’s alloys. Building on the report’s findings,

Scandium Canada is expanding its outreach to industria l end-users across key market segments.

These efforts represent a significant step in translating the company’s technical advancements into

real-world commercial adoption.

Mr. Guy Bourassa, CEO of Scandium Canada, stated: “Productique Québec’s work provided a strong

validation of the commercial potential of our alloys. We are encouraged that their technical

assessment not only confirmed the applicability of our alloys based on their demonstrated

laboratory properties, but also identified new and promising uses that extend beyond our initial

scope. ”

In addition, Scandium Canada has secured in -kind support from Canada’s Industrial Research

Assistance Program (IRAP) to collaborate with experts from the Additive Manufacturing Division of

the National Research Council of Canada (NRC). This partnership wil l focus on identifying new

commercial applications and pathways for the company’s innovative alloys.

Filing of a new international patent application

Scandium Canada’s two proprietary alloys and their method of fabrication were developed and

tested in collaboration with McMaster University and are protected by a newly filed international

patent application under the Patent Cooperation Treaty (PCT), file d on September 17, 2025. Wholly

owned by Scandium Canada Ltd., this intellectual property strengthens the company’s growing

patent portfolio and strategically positions it for global commercial applications.

ABOUT GRÄNGES POWDER METALLURGY

Gränges Powder Metallurgy (GPM) is a global supplier of sprayformed aluminium products and

aluminium powders for additive manufacturing, specialized in high -performance aluminium alloys.

GPM has atomization capacity in France and it is a wholly owned subsidiary of the global aluminium

technology Gränges.

ABOUT SCANDIUM+

Scandium+ is dedicated to the research, development, and commercialization of innovative

scandium uses. We strive to unlock the full potential of scandium through strategic

partnerships, cutting -edge technology, and a commitment to responsible stewardship,

leading progress across multiple sectors.

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 production, enabling the development and

commercialization of aluminum-scandium (Al-Sc) alloys. The Corporation is leveraging its Al-Sc alloy

development division 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 commi tting 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,

without limitation, statements reporting the results of tests of Scandium Canada’s Al-Sc alloys, their

main attributes and resulting advantages, the prote ction provided by the filing of an international

patent application, the short term potential commercial opportunities and, generally, the above

“About Scandium Canada Ltd. ” paragraph which essentially described the Corporation’s outlook,

constitute “forwa rd-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 assumptions 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 assu mption 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 expressed or implied in any forward -looking statements and future

events, cou ld 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