Scandium Canada announces up to $5 million private placement of charity flow-through units at $0.2 each

Reuters2026/08/03 22:39

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Scandium Canada launched a non-brokered private placement of up to 25,000,000 charity flow-through units at CAD 0.2 each, targeting up to CAD 5 million.
Each unit includes one flow-through share, one flow-through warrant exercisable at CAD 0.22 for 24 months from closing.
Proceeds earmarked for Canadian exploration expenses at the Crater Lake Project in Nunavik, Québec, including drilling and environmental sampling.
Closing expected on or about Aug. 20, 2026, subject to TSX Venture Exchange approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scandium Canada Ltd. published the original content used to generate this news brief on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Scandium Canada announces up to $5 million private placement of charity flow-through units at $0.2 each

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