Scandium Canada announces closing of a non-brokered private placement for aggregate gross proceeds of $287,000 and closing of a non-brokered flow-through private placement for aggregate gross proceeds of $132,500. Hard Cash Offering The Offering consisted of the issuance of 7,175,000 units of the Corporation at a price of $0.04 per Unit. Each Unit consists of one common share of the Corporation and one Common Share [...]
Scandium Canada announces that its intention to complete a non-brokered private placement for proceeds of up to $1,000,000. This Offering consist of the issuance of a maximum of 25,000,000 units of the Corporation at a price of $0.04 per Unit. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share at an [...]
Scandium Canada announces that it has closed its previously announce non-brokered private placement for gross proceeds of $226,849.98. The Offering consisted of the issuance of a total of 6,028,392 units of the Corporation, being 2,857,142 Units at a price of $0.035 per Unit and 3,171,250 Units at a price of $0.04 per Unit. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant [...]
Scandium Canada is pleased to announce, following the closing of the two first tranches of its non-brokered private placement of flow-through shares, its intention to close a third tranche of the Private Placement on or prior to September 5, 2024 As previously announced, the Private Placement consists of the issuance of a maximum of 60,000,000 units of the Corporation at a price of $0.05 per Unit, for aggregate gross [...]
Scandium Canada is pleased to report that it has completed 2,854 m of diamond drilling on its Crater Lake project and that it is currently demobilizing the drilling equipment. The drilling campaign had two main objectives. The first one was to complete geomechanical drilling to determine the optimal angles of the slopes of the proposed open pit design for the pre-feasibility study. It totaled 1,669 m in 6 holes. The [...]
Scandium Canada announces the completion of a second tranche of its previously announced non-brokered private placement of flow-through shares, for additional gross proceeds of $473,000. The second tranche of the Offering consisted of the issuance of 9,460,000 units of the Corporation at a price of $0.05 per Unit. Each Unit consists of one common share of the Corporation that qualifies as "flow-through share" pursuant to [...]
Scandium Canada is pleased to announce that its ongoing private placement, previously announced by news release dated July 12, 2024, has been increased from $100,000 to $1,000,000 due to excess demand. The Corporation now intends to complete a non-brokered private placement offering of up to 6,607,142 units, being 2,857,142 Units at a price of $0.035 per Unit and 22,500,000 Units at a price of $0.04, for total gross [...]
Scandium Canada Ltd. announced on July 8, 2024, that it had closed its previously announced rights offering to the holders of common shares in the capital of the Corporation. The Rights Offering expired at 4:00 p.m. on July 5, 2024. The Corporation issued 30,769,231 units of the Corporation at a subscription price of $0.0325 per Unit for aggregate gross proceeds of $1,000,000. The net proceeds of the Rights Offering will [...]
Scandium Canada Ltd. is pleased to confirm that it has received $1M from its Rights Offering launched on June 3, 2024 and that closed on July 5,,2024 Guy Bourassa, CEO of Scandium Canada, said, "We are pleased with the results of the Offering, a clear demonstration of the interest of Scandium Canada's shareholders in the development of their Company. As we are advancing the development of the main primary source of [...]
Scandium Canada Ltd. confirms that all shareholders that have their shares in a brokerage account, have now received directly in their account, the Rights to subscribe Units of the Corporation. They are referred to as SCD.RT and are listed for trading on the TSX Venture Exchange. Since the exercise of the Rights is done electronically, nobody will contact you and no Subscription form was sent. Please note that if you wish [...]
Scandium Canada Ltd. announces that it has closed a non-brokered private placement for aggregate gross proceeds of $500,000. The Offering consisted of the issuance of 10,000,000 units of the Corporation at a price of $0.05 per Unit. Each Unit consists of one common share of the Corporation that qualifies as "flow-through share" pursuant to subsection 66 of the Income Tax Act, and one-half Common Share purchase warrant [...]
Scandium Canada is pleased to announce the opening of its work camp at its flagship Crater Lake project in northeastern Quebec and the start of the summer 2024 field work program. Crater Lake is the only active primary scandium project globally. The Company has a permanent camp at Crater Lake that is accessible via helicopter or float plane. The camp cook and general handyman arrived on site June 13 to prepare. Staff from [...]
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