Mr. Guy Bourassa reports

SCANDIUM CANADA REMINDS WARRANT HOLDERS OF UPCOMING EXPIRY

Scandium Canada Ltd. reminds holders of its outstanding share purchase warrants issued pursuant to the company's rights offering closed on July 5, 2024, that the warrants will expire at 5 p.m. (Eastern Time) on Wednesday, July 8, 2026.

Each warrant entitles its holder to purchase one common share of the company at a price of five cents 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.

Exercise procedures and deadline

The warrants are held through brokerage firms. Since the exercise of warrants is voluntary, holders must instruct their broker to exercise on their behalf. As brokerage firms require instructions in advance of the expiry date to process exercises, 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.

Holders should contact their broker directly to confirm the applicable internal deadlines and exercise procedures.

For more information

Questions concerning the exercise of warrants should be directed to the holder's broker. General questions may be directed to the company by e-mail at info@scandium-canada.com.

About Scandium Canada Ltd.

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, Quebec.

We seek Safe Harbor.