Scandium Canada Ltd. (TSX-V: SCD) is reminding holders of its share purchase warrants that the warrants will expire on July 8, 2026. The warrants were issued as part of a rights offering that closed on July 5, 2024. Each warrant entitles the holder to purchase one common share of the company at an exercise price of $0.05 up to the expiry date. Any warrants not exercised by 5:00 p.m. (Eastern Time) on the expiry date will be cancelled and no shares will be issued.
Given that the warrants are held through brokerage firms, holders must provide instructions to their brokers to exercise the warrants. The company encourages holders to contact their brokers no later than 3:30 p.m. (Eastern Time) on Monday, July 6, 2026, to allow sufficient time for processing. Holders should confirm their broker's internal deadlines and exercise procedures directly.
This announcement is critical for warrant holders as it represents the final opportunity to acquire shares at a discounted price. The company is developing North America's only primary scandium source at its Crater Lake project in Nunavik, Québec. Through its subsidiary Scalium+, Scandium Canada markets proprietary aluminum-scandium alloys and technologies. The company's dual strategy aims to secure a North American scandium supply chain while advancing advanced manufacturing materials.
For more information, the company directs warrant holders to contact their brokers or reach out via email at info@scandium-canada.com. General inquiries can be addressed to the company. This press release contains forward-looking statements based on assumptions and risks detailed in the company's filings on SEDAR+ at www.sedarplus.ca.
Scandium Canada's CEO, Guy Bourassa, is available for additional information at +1 (418) 580-2320. The company's website is www.scandium-canada.com.
