Scandium Canada Reminds Shareholders of Warrant Expiry Deadline

Montreal, Quebec — July 2, 2026 — Scandium Canada Ltd. (TSX-V: SCD) has issued a reminder to holders of its outstanding share purchase warrants, which are set to expire soon. The company’s warrants, issued pursuant to a rights offering closed in July 2024, will expire at 5:00 p.m. Eastern Time on Wednesday, July 8, 2026. Holders are encouraged to instruct their brokers to exercise their warrants by 3:30 p.m. Eastern Time on Monday, July 6, 2026, to avoid losing the opportunity. Each warrant allows its holder to purchase one common share of Scandium Canada at a price of $0.05 until the expiry date. If unexercised, the warrants will expire and be cancelled, with no shares issued to the holders. Exercise of warrants is voluntary and must be processed through brokerage firms, which require instructions in advance of the expiry. Shareholders interested in exercising their warrants should contact their brokers to confirm procedures and internal deadlines.

Scandium Canada, a critical minerals mining and advanced materials company based in Nunavik, Québec, is developing North America's only primary source of scandium at its Crater Lake project. The company’s operations include its wholly owned subsidiary, Scalium+, which markets proprietary aluminum-scandium alloys and innovations in alloy technology. The company’s dual strategy aims to establish a secure North American scandium supply chain and advance the development of lighter, stronger materials for manufacturing, thus contributing to a more responsible economy through innovation.

Founded with a focus on sustainability and advanced materials, Scandium Canada is committed to strengthening North American resource independence. The company markets its products and related technologies to advance manufacturing sectors that benefit from high-performance, durable materials. The upcoming expiry of warrants and the exercise deadline highlight the company's ongoing efforts to secure capital and continue its development activities.

For questions about exercising warrants, investors are advised to contact their brokers directly. General inquiries can be directed to the company via email at info@scandium-canada.com. Additional information about the company can be found on its website at https://www.scandium-canada.com.

Source: Scandium Canada Ltd.