Scandium Canada Completes Key Financing Round

Imperial Mining Group Ltd. Class A (TSE:SCD) has released an update.

Scandium Canada Ltd. has completed a second tranche of its non-brokered private placement, raising $473,000 through the issuance of units that include common shares and warrants. These funds are earmarked for the company’s Crater Lake property development, specifically to finance diamond drilling and environmental data collection. No finder’s fees were paid, and the securities issued are subject to a four-month hold period, with the offering still awaiting final Exchange approval.

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