The TSX Venture Exchange has accepted for filing documentation relating to a share purchase agreement dated June 29, 2026, between Scandium Canada Ltd. and arm's-length parties. Pursuant to the agreement, the company has acquired all of the issued and outstanding shares in the capital of 9480-3798 Quebec Inc. (doing business as Ferreol Technologies), a company engaged in research and development, processing, and production activities of aluminum products and other alloys incorporating scandium.

The company is also assuming certain of Ferreol Technologies' obligations and liabilities in an estimated aggregate amount of $538,131.

Following closing, Ferreol Technologies has been renamed Scalium+ Inc. and is now a wholly owned subsidiary of the company dedicated to the commercialization of aluminum-scandium (Al-Sc) alloys.

For further details, please refer to the company's news release dated June 29, 2026.