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Scandium Mining Releases Updated Presentation Showcasing its Only Shovel- Ready Primary Scandium Deposit

Marketing Announcement

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1384-1264-0785, v. 1

NEWS RELEASE

TSX-V: SCY

March 23, 2026

NR 26- 02

www.scandiummining.com

Scandium Mining Releases Updated Presentation Showcasing its Only Shovel-

Ready Primary Scandium Deposit

Reno, Nevada, March 23, 2026 — Scandium Mining Corp. (TSX-V: SCY and OTC PINK:

SCYYF) (“Scandium International” or the “Company”) , a leader in the advancement of

critical mineral resources, is pleased to announce the release of its updated corporate

presentation, now available to investors and stakeholders. The new presentation can be

accessed here: Corporate Presentation

The new investor presentation provides updated information on the Nyngan project in

New South Wales, Australia, which is now fully shovel -ready. This project is one of only

two primary scandium deposits at this advanced stage in the western world, positioning

the company at the forefront of the emerging scandium market.

Scandium is an essential element in high-performance applications, including aerospace,

defense, and clean power generation. Its unique properties —such as exceptional

strength-to-weight ratio and improved corrosion resistance when alloyed with aluminum—

make it indispensable for the next generation of lightweight, durable materials. As

demand grows for advanced technologies and sustainable solutions, scandium’s role is

increasingly being recognized by innovative manufacturers and governments alike.

“We’re excited to share this comprehensive update on our progress,” said Peter Evensen,

CEO of Scandium International. “With our mining license now valid over the entire

resource, the project is shovel-ready and we are uniquely positioned to supply scandium

at scale to industries that are shaping the future.”

To view the latest presentation and learn more about Scandium Mining’s plans, visit:

Scandium International

About Scandium Mining

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1384-1264-0785, v. 1

Scandium Mining is dedicated to unlocking the potential of scandium for high-impact

industries worldwide. With its shovel-ready primary scandium deposit, the company is

committed to responsible development and long-term value creation.

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 Nyngan Scandium Project, are forward -looking inf ormation 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.

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.