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From May to June: Chief Science Officer Luc Duchesne, PhD, President & COO Pierre Neatby, and CEO Guy Bourassa to Represent Scandium Canada and Scandium+ Across Critical Minerals, Northern Québec Mining, Investor, and European Trade Missions

May 7, 2026 – TheNewswire - MONTR ÉAL, QUÉBEC – Scandium Canada Ltd. (TSX-V: SCD) (the “ Company") today confirmed its participation in a series of mining and critical minerals events scheduled over the coming weeks. These engagements support the Company's commercial and strategic positioning ahead of the Crater Lake Pre-Feasibility Study scheduled for release in summer 2026.

CMI Summit 5: The New Critical Minerals Economy (May 13-14, 2026)

Luc Duchesne, PhD, Chief Science Officer of Scandium Canada and Head of the Scandium+ division, will be a featured speaker at the Critical Minerals Institute's flagship summit, themed "The New Critical Minerals Economy".

His presentation, titled "Scandium: A Case Study for Value-Added Opportunities in Critical Minerals Development", will examine how scandium illustrates the shift the critical minerals sector is undergoing: from extraction-focused project development to integrated value chains where downstream processing, alloy development, and end-use qualification determine long-term competitiveness.

EVENT: CMI Summit 5

SPEAKER: Luc Duchesne, PhD, Chief Science Officer of Scandium Canada and Head of Scandium+

WHERE: The National Club, 303 Bay Street, Toronto, Ontario, Canada

WHEN: Thursday, May 14, from 2:25 to 2:40 p.m.

INFO: criticalmineralsinstitute.com

Québec Economic Mission on Critical and Strategic Minerals in Europe (May 18 to 21, 2026)

Scandium Canada has been selected to participate in the Québec Economic Mission on Critical and Strategic Minerals (CSM) in Europe, organized by Investissement Québec International (IQI) and the Ministère des Ressources naturelles et des Forêts (MRNF).

The mission will travel from May 18 to 22 to Munich, Brussels, and Paris to connect Québec-based critical minerals companies with European investors, manufacturing buyers, and strategic partners.

Pierre Neatby, President and COO, will represent the Company during the German and Belgian legs of the mission, from May 18 to 21, taking part in roundtables and B2B meetings with leading industrial and institutional stakeholders across the aerospace, automotive, and defence sectors, as part of programming held alongside the EIT Raw Materials Summit.

EVENT: Québec Economic Mission on Critical and Strategic Minerals in Europe

REPRESENTATIVE: Pierre Neatby, President & COO, Scandium Canada

WHERE: Munich, Brussels

WHEN: May 18 to 21, 2026

Nunavik Mining Workshop (May 20 to 22, 2026)

CEO Guy Bourassa will present an update on the Crater Lake project at the annual workshop hosted by the Nunavik Mineral Exploration Fund, which gathers Inuit organizations, landholding corporations, regional administrators, and mining industry players active in the region.

His presentation, titled “The Crater Lake Project: Towards the Prefeasibility Study” provides a comprehensive project update as Scandium Canada advances toward its Prefeasibility Study. Topics include key project timelines, the strategic decision to establish its hydrometallurgical plant in Schefferville, and the ongoing collaborative work with the Naskapi Nation to study the location and the social acceptability of a potential access road between Schefferville and the Crater Lake mine site.

EVENT: Nunavik Mining Workshop

SPEAKER: Guy Bourassa, Chief Executive Officer, Scandium Canada

WHERE: Katittavik Town Hall, Kuujjuaq, Québec, Canada

WHEN: Thursday, May 21, 2:30 p.m.
INFO: nunavikminingworkshop.ca

THE Mining Investment of the North (June 2 to 4, 2026)

Scandium Canada will attend Canada's invitation-only Tier I global mining investment conference, which hosts more than 100 mining companies and facilitates privately arranged meetings with international investors and government mining authorities.

EVENT: THE Mining Investment of the North

WHERE: Centre des congrès de Québec, Québec City, Québec, Canada

WHEN: June 2 to 4, 2026

INFO: themininginvestmentevent.com

Management Availability

Scandium Canada's management team will be available throughout these upcoming events to meet with current and prospective investors, commercial partners, and stakeholders. To schedule a meeting, please contact: info@scandium-canada.com .

ABOUT SCANDIUM+

Scandium+, a division of Scandium Canada, is dedicated to the research, development, and commercialization of innovative scandium uses. We strive to unlock the full potential of scandium through strategic partnerships, cutting-edge technology, and a commitment to responsible stewardship, leading progress across multiple sectors.

ABOUT SCANDIUM CANADA LTD.

Scandium Canada (TSX-V: SCD) is a public company whose ultimate goal is to bring the world's leading primary source of scandium into production, enabling the development and commercialization of aluminum-scandium (Al-Sc) alloys. The Company is leveraging its Al-Sc alloy development division and the development of its Crater Lake mining project to meet the growing need for lighter, greener, longer-lasting, high-performance materials. The Company aims to become a market leader in scandium, while committing itself to building a more responsible economy through innovation and agility.

FORWARD-LOOKING STATEMENTS

The information contained herein contains "forward-looking information" within the meaning of applicable Canadian securities legislation, including statements regarding the Company's participation in upcoming industry events, anticipated meetings and discussions with investors and stakeholders, the continued advancement of the Crater Lake scandium project and its Pre-Feasibility Study, the planned hydrometallurgical plant in Schefferville and related collaboration with the Naskapi Nation, and the development of Scandium+ and aluminum-scandium (Al-Sc) alloys.

Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the time of such statements, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These estimates and assumptions may prove to be incorrect. Many of these uncertainties and contingencies can directly or indirectly affect, and could cause, actual results to differ materially from those expressed or implied in any forward-looking statements and future events, could differ materially from those anticipated in such statements. A description of assumptions used to develop such forward-looking information and a description of risk factors that may cause actual results to differ materially from forward-looking information can be found in the Company’s disclosure documents on the SEDAR+ website at www.sedarplus.ca .

By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that estimates, forecasts, projections and other forward-looking statements will not be achieved or that assumptions do not reflect future experience. Forward-looking statements are provided for the purpose of providing information about management’s endeavors to develop the Crater Lake project, and, more generally, its expectations and plans relating to the future. Readers are cautioned not to place undue reliance on these forward-looking statements as a number of important risk factors and future events could cause the actual outcomes to differ materially from the beliefs, plans, objectives, expectations, anticipations, estimates, assumptions and intentions expressed in such forward-looking statements. All of the forward-looking statements made in this press release are qualified by these cautionary statements and those made in our other filings with the securities regulators of Canada. The Company disclaims any intention or obligation to update or revise any forward-looking statement or to explain any material difference between subsequent actual events and such forward-looking statements, except to the extent required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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