Scandium Canada Ltd. has announced the appointment of Jeff Swinoga as Chairman of its Board of Directors, effective February 4, 2026. Swinoga previously served as Chairman from October 2021 to May 2025, a period during which the company transitioned from Imperial Mining Group to Scandium Canada and advanced its Crater Lake project through updated resource estimation and metallurgical testing phases.
Swinoga brings over 25 years of mining industry experience to the role, with particular expertise in capital markets, project advancement, development, and mine construction. His career includes serving as Chief Financial Officer of Torex Gold Resources, where he led a US$400 million financing for the El Limon-Guajes gold mine in Mexico, and as Chief Financial Officer of HudBay Minerals, contributing to its growth to a market capitalization exceeding $2 billion. He also spent seven years at Barrick Gold Corporation as a senior officer responsible for project financing.
"It is a great privilege to return to the Scandium Canada board," stated Swinoga. "Having witnessed the Company's evolution firsthand over the past several years, I remain convinced of the exceptional potential of the Crater Lake project and the strategic vision of the management team. I look forward to supporting the Company through its next critical phase toward production."
Scandium Canada's ultimate goal is to bring the world's leading primary source of scandium into production, enabling the development and commercialization of aluminum-scandium alloys. The company is leveraging its Al-Sc alloy development subsidiary and the development of its Crater Lake mining project to meet the growing need for lighter, greener, longer-lasting, high-performance materials. The corporation aims to become a market leader in scandium while committing to building a more responsible economy through innovation and agility.
"We are delighted to welcome Mr. Swinoga back as Chairman," said Guy Bourassa, Chief Executive Officer of Scandium Canada. "His deep knowledge of our project, combined with his extensive experience in financing and development, will be invaluable as we continue advancing the Crater Lake project and development of our Al-Sc alloys through our Scandium+ division."
The appointment signals Scandium Canada's commitment to advancing its flagship project toward production. The company's focus on scandium production addresses growing market demand for advanced materials in aerospace, automotive, and other high-performance applications where lightweight, durable alloys provide competitive advantages. For additional information about the company's regulatory filings and disclosures, investors can visit www.sedarplus.ca.
Forward-looking statements in the announcement highlight the company's expectations for project development while acknowledging inherent business, economic, and competitive uncertainties. The corporation's disclosure documents provide detailed information about assumptions and risk factors that could affect actual results. Scandium Canada trades on the TSX Venture Exchange under the symbol SCD, and further information about the company is available at www.scandium-canada.com.
