Scandium Canada Ltd. (TSX-V: SCD) has issued a reminder to 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 pursuant to 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 that remain unexercised as of the Expiry Date will expire, be cancelled and cease to be outstanding, without any shares being issued to the holders. The company emphasized that since the exercise of warrants is voluntary, holders must instruct their broker to exercise on their behalf. Brokerage firms require instructions in advance of the Expiry Date to process exercises, so holders wishing to exercise their warrants are encouraged to contact their broker no later than 3:30 p.m. (Eastern Time) on Monday, July 6, 2026.
Scandium Canada is a critical minerals mining and advanced materials company developing North America's only primary source of scandium at its Crater Lake project in Nunavik, Québec. Through its wholly owned commercialization subsidiary, Scalium+, the company brings proprietary, patent-pending aluminum-scandium (Al-Sc) alloys and the Scalium® line of alloys and technologies to market. This dual-engine strategy positions Scandium Canada to anchor a secure North American scandium supply chain and to shape the future of lighter, stronger and longer-lasting materials for advanced manufacturing.
For investors, the expiry of these warrants represents a potential opportunity to acquire shares at a discount, but also a deadline that requires prompt action. The low exercise price of $0.05 per share could be attractive if the company’s prospects have improved since the rights offering. However, the company’s forward-looking statements caution that actual results may differ materially from expectations due to risks and uncertainties inherent in mining and technology development.
Holders should contact their broker directly to confirm the applicable internal deadlines and exercise procedures. General questions may be directed to the company by email at info@scandium-canada.com. More information about Scandium Canada can be found on its website at www.scandium-canada.com.
This news matters because the successful exercise of warrants could provide Scandium Canada with additional capital to advance its Crater Lake project and commercialize its aluminum-scandium alloys. For the industry, scandium is a critical mineral used in advanced manufacturing for lightweight, high-strength materials, and a domestic North American source could reduce reliance on foreign supply chains. The expiry deadline imposes a clear timeline for warrant holders to decide whether to invest further in the company’s vision.
