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The latest announcement is out from Imperial Mining Group Ltd. Class A ( (TSE:SCD) ).
Scandium Canada Ltd. has amended its private placement offering to include unsecured loan agreements with investors, aiming to raise up to $750,000. The proceeds will be used primarily for administrative expenses and the development of aluminum-scandium powder. The offering, subject to TSXV approval, reflects the company’s strategic focus on enhancing its market position in the scandium industry.
More about Imperial Mining Group Ltd. Class A
Scandium Canada Ltd. is a public company focused on becoming a leading primary source of scandium. The company aims to develop and commercialize aluminum-scandium alloys, leveraging its Al-Sc alloy development subsidiary and the Crater Lake mining project to meet the demand for high-performance materials. Scandium Canada is committed to innovation and agility in building a responsible economy.
YTD Price Performance: -25.00%
Average Trading Volume: 246,742
Technical Sentiment Signal: Buy
Current Market Cap: C$4.69M
Find detailed analytics on SCD stock on TipRanks’ Stock Analysis page.
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