Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Imperial Mining Group Ltd. Class A ( (TSE:SCD) ) has provided an announcement.
Scandium Canada Ltd. has announced a non-brokered private placement of unsecured convertible debentures, aiming to raise up to $750,000. The proceeds will primarily support general administrative expenses and the development of aluminum-scandium powder. The offering is subject to final approval by the TSX Venture Exchange, and the company may increase the offering size by 20% depending on market conditions.
More about Imperial Mining Group Ltd. Class A
Scandium Canada Ltd. is a public company focused on becoming the leading primary source of scandium globally. The company aims to develop and commercialize aluminum-scandium alloys, leveraging its Al-Sc alloy development subsidiary and the Crater Lake mining project.
Average Trading Volume: 279,873
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.25M
Find detailed analytics on SCD stock on TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue