Scandium Canada Announces Closing of $17.3 Million Bought Deal Life Offering, Including Full Exercise of Over-Allotment Option

March 17, 2026 – TheNewswire - MONTREAL, QUEBEC – Scandium Canada Ltd. (TSX-V: SCD) (the “Company”) is pleased to announce the closing of its previously announced “bought deal” private offering pursuant to which the Company issued a total of 78,409,300 units of the Company (the “ Units ”) at a price per Unit of C$0.22 for aggregate gross proceeds to the Company of C$17,250,046, including the full exercise of the over-allotment option (the “ Offering ”).   The Offering was led by Research Capital Corporation, as lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters including, Red Cloud Securities Inc. (collectively, the “ Underwriters ”).