Scandium Canada grants 2,100,000 Stock Options at $0.22 Under Shareholder-Approved Plan to its Board members and Management team

April 27, 2026 – TheNewswire - MONTR ÉAL, QUÉBEC – Scandium Canada Ltd. (TSX-V: SCD) (the “ Company") announces the grant of 2,100,000 incentive stock options to its full team of directors, officers and key personnel under the Share Option Plan approved by shareholders at the April 21, 2026 Annual General and Special Meeting. At a meeting held on April 24, 2026, the Board of Directors of the Company approved the grant of an aggregate of 2,100,000 incentive stock options (the "Options") pursuant to the Company's Share Option Plan, reflecting a broad alignment of the Company's Board, management and key personnel with shareholder interests. The Options are exercisable at a price of $0.22 per common share for a period of five (5) years from the date of grant. The exercise price matches the price of the Company's recently completed $17.25 million oversubscribed public offering closed on March 17, 2026, and represents a meaningful premium to the Company's current trading price.