Scandium Canada Ltée Reminds Holders of Impending Warrant Expiry

MONTRÉAL (QUÉBEC) — July 2, 2026 — Leads & Copy — Scandium Canada Ltée (TSX-V : SCD) issued a reminder today to holders of its outstanding share purchase warrants that these warrants will expire on Wednesday, July 8, 2026, at 5 p.m. Eastern Time. The warrants were issued as part of the company's rights offering that closed on July 5, 2024. Each warrant grants the holder the right to purchase one common share of Scandium Canada at a price of $0.05 until the expiry date.

Any warrants not exercised by the expiry date will lapse and be cancelled, with no resulting shares issued to the holder.

Warrants are held through brokerage firms. Since exercising the warrants is optional, holders must instruct their brokers to proceed with the exercise on their behalf. Brokerage firms require instructions before the expiry date to process these exercises. Therefore, warrant holders wishing to exercise their warrants are advised to contact their brokers no later than Monday, July 6, 2026, at 3:30 p.m. Eastern Time.

Holders should contact their brokers directly to confirm any internal deadlines and exercise procedures.

Questions regarding the exercise of warrants should be directed to the holder's broker. General inquiries can be sent to the company via email at info@scandium-canada.com.

About Scandium Canada Ltée:

Scandium Canada is a critical minerals and advanced materials mining company developing North America's only primary source of scandium at its Crater Lake project in Nunavik, Quebec. Through its wholly-owned marketing subsidiary, Scalium+, the company markets its proprietary, patent-pending aluminum-scandium (Al-Sc) alloys and the Scalium® range of alloys and technologies. The company is also advancing the Crater Lake mine project. This dual-pronged strategy aims to establish a secure North American scandium supply chain and shape the future of lighter, stronger, and more durable materials for advanced manufacturing users, with a commitment to fostering a more responsible economy through innovation and agility.

Source: Scandium Canada Ltée