Scandium Canada Announces That Mr. Jeff Swinoga Has Joined Its Board of Directors as Chairman
February 4, 2026
SCANDIUM CANADA ANNOUNCES THAT MR. JEFF SWINOGA HAS JOINED ITS BOARD
OF DIRECTORS AS CHAIRMAN
MONTREAL, QUEBEC – Scandium Canada Ltd. (TSX-V: SCD) (the "Company") is pleased to
announce the return of Mr. Jeff Swinoga, CPA, CA, MBA, as director and has been named as
Chairman of the Board, effective Wednesday, Febr uary 4, 2026. Mr. Swinoga previously served
as Chairman from October 2021 to May 2025, a period during which th e Company transitioned
from Imperial Mining Group to Scandium Canada an d advanced the Crater Lake project through
its updated resource estimation and metallurgical testing phases.
Mr. Swinoga is a highly respected mining executiv e with over 25 years of experience in capital
markets, project advancement, development and mine construction, successfully guiding
companies through all stages of their evolution, from exploration to commercial production.
He notably served as Chief Financial Officer of Torex Gold Resources, where he led the US$400
million financing for the El Limon-Guajes gold mi ne in Mexico, and as Chief Financial Officer of
HudBay Minerals, contributing to its growth to a market capitalization exceeding $2 billion. Mr.
Swinoga also spent seven years at Barrick Gold Co rporation as a senior officer responsible for
project financing. He currently serves on the boards of other Canadian public mining companies,
President of Hive Advisory and serves on the board of PDAC.
"It is a great privilege to return to the Scandium Canada board," stated Jeff Swinoga, Chairman of
the Board. "Having witnessed the Company's evol ution 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."
"We are delighted to welcome Mr. Swinoga back as Chairman," said Guy Bourassa, Chief
Executive Officer of Scandium Canada. "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."
Formatted: English (Canada)
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-sc andium (Al-Sc) al loys. 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 committing itself to building a more
responsible economy through innovation and agility.
FORWARD-LOOKING STATEMENTS
All statements in this press release and g enerally the paragraph “About Scandium Canada Ltd.”
above, which essentially describes the Company 's prospects, constitute “forward-looking
information” or “forward-looking statements” within the meaning of applicable securities laws and
are based on expectations, estimates, and projections made as of the date 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 signif icant business, economic and com petitive 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 ex pressed or implied in any forwar d-looking statements and future
events, could differ materially from those anticipated in such statements. A description of
assumptions used to develop such forward-looki ng 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 statement s involve inherent risks and uncertainties, both
general and specific, and risks exist that estimate s, forecasts, projections and other forward-
looking statements will not be achieved or that assumptions do not reflec t future experience.
Forward-looking statements ar e 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 fr om the beliefs, plans, obj ectives, expectations,
anticipations, estimates, assumptions and int entions 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 oblig ation to update or revise any forward-looking
statement or to explain any material difference between subs equent 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.
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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
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