Scandium Canada Clarifies Its February 11, 2026 Press Release

March 13, 2026 – TheNewswire - MONTREAL, QUÉBEC – Scandium Canada Ltd. (TSX-V : SCD) (the “Company”) wishes to clarify an item contained in its press release issued on February 11, 2026, entitled “ Scandium Canada provides update on Scandium+ activities and development of its Al-Sc alloys ”.   In that release, in the second paragraph, the Company stated : “ For reference, the Crater Lake Project is expected to produce 91 tonnes per year of scandium oxide .” The Company wishes to clarify that the volume of 91 tonnes represents a target set by management of the Company as part of the pre‑feasibility study under preparation by the firm Norda Stelo (refer to the press release issued by the Company on February 6, 2026) and is not taken from an economic study or a technical report on the Crater Lake project. Management of the Company considers, based on its analysis of the potential market, among other things for powders intended for 3D printing and for welding wire, that a new scandium supply source with a capacity of nearly 91 tonnes per year could be justified, and this is why it continues to advance the steps required to complete such a pre‑feasibility analysis.