Mr. Guy Bourassa reports

SCANDIUM CANADA WELCOMES NASKAPI NATION LEADERSHIP ON ACCESS CORRIDOR INITIATIVE IN NUNAVIK

Scandium Canada Ltd. has welcomed and commended the announcement by the Naskapi Nation of Kawawachikamach that it is advancing the first phase of the Naskapi Nuuhchiimiiu Maaskinuw project, a nation-led initiative to assess potential multiuser access corridor options within Nuchimiyuschiiy -- the traditional Naskapi Nation territory -- and to examine their environmental, cultural, social and economic implications.

As described on June 12 by the Naskapi Nation in an official press release, the initiative is a community-driven assessment grounded in engagement with community members, Elders, land users and neighbouring nations. It was stated that the project is intended to gather information, conduct due diligence and support informed decision making.

Scandium Canada firmly believes that decisions about infrastructure in Nunavik must involve all first nations and Inuit sharing that territory. The company supports and salutes the Naskapi Nation's leadership in evaluating access corridor options and recognizes the priorities the Naskapi Nation has placed at the centre of this work: environmental stewardship, traditional land use, indigenous governance, and collaboration with indigenous Peoples and users of the corridor.

Quotes

"We commend the Naskapi Nation of Kawawachikamach for the leadership it is showing with the potential multiuser access corridor of the Nuuhchiimiiu Maaskinuw project," said Guy Bourassa, chief executive officer (CEO) of Scandium Canada. "What matters to us is that the benefits of development reach the people whose land makes it possible. We are deeply committed to a relationship that delivers lasting, shared value to the Naskapi Nation and neighbouring communities."

Scandium Canada emphasizes that the Nuuhchiimiiu Maaskinuw project is an independent initiative led by the Naskapi Nation of Kawawachikamach. The company fully respects the objectives of the assessment, which is intended to gather information, carry out due diligence and support informed decision making on future infrastructure options.

In alignment with the nation's initiative, Scandium Canada continues its own engagement with the indigenous communities connected to the Crater Lake project, which includes a hydrometallurgical plant in Schefferville, with the goal of fostering dialogue, understanding community priorities, and building lasting relationships based on trust, mutual respect and collaboration.

About Scandium Canada Ltd.

Scandium Canada (TSX Venture Exchange: SCD) is a public company whose ultimate goal is to bring the most significant primary source of scandium in North America into production, enabling the development and commercialization of aluminum-scandium (Al-Sc) alloys. The company is leveraging its Al-Sc alloys 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.

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