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Two Blokes Jun 23 -
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June 23, 2025 – TheNewswire - MONTRÉAL (QUÉBEC) – Scandium Canada Ltd. (TSX-V: SCD) (OTC: SCDCF) (the “ Corporation ”) announces its intention to complete a non-brokered private placement for proceeds of $334 000 (the “ Offering ”) . This Offering consist of the issuance of 16,700,000 units of the Corporation (the “ Units ”) at a price of $0.02 per Unit . Each Unit consists of one common share of the Corporation (the “ Common Shares ”) and one Common Share purchase warrant (the “ Warrants ”). Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of $0.05 per Common Share for a period of 24 months from the date of issuance thereof. The net proceeds from the sale of the Units will be mainly used by the Corporation for general and corporate working capital purposes , with no specific use representing 10% or more of the gross proceeds. No proceeds from the Offering will be used for investor relations purposes nor any payments will be made to non-arm's length persons or to persons conducting investor relations activities.
