Scandium Canada Ltd. (TSX-V: SCD) is reminding holders of its outstanding share purchase warrants that the warrants will expire at 5:00 p.m. (Eastern Time) on Wednesday, July 8, 2026. The warrants were issued under the company’s rights offering that closed on July 5, 2024. Each warrant entitles the holder to purchase one common share of Scandium Canada at a price of $0.05 until the expiry date. Any warrants not exercised by that time will be cancelled, and no shares will be issued.
The company urges holders to act promptly. Because warrants are held through brokerage firms, holders must instruct their brokers to exercise the warrants on their behalf. To allow for processing, brokers typically require instructions well before the expiry date. Scandium Canada recommends that holders contact their brokers no later than 3:30 p.m. (Eastern Time) on Monday, July 6, 2026, to ensure their exercise is completed. Holders should confirm their broker’s internal deadlines and procedures directly.
This expiry event matters because it represents the final opportunity for warrant holders to participate in the company’s equity at a fixed price. Scandium Canada is a critical minerals company developing the Crater Lake project in Nunavik, Québec, which is positioned as North America’s only primary scandium source. Through its subsidiary Scalium+, the company also markets proprietary aluminum-scandium alloys. The successful exercise of warrants could provide additional capital to advance these projects. Conversely, unexercised warrants will expire worthless, representing a loss of potential value for holders.
For general questions, the company can be contacted via email at info@scandium-canada.com. Additional information about Scandium Canada and its forward-looking statements is available on its website at www.scandium-canada.com and on SEDAR+ at www.sedarplus.ca.
This announcement underscores the importance of timely action for warrant holders. The company disclaims any obligation to update forward-looking information except as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
