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Imperial Mining Group Class A ( (TSE:SCD) ) has shared an update.
Scandium Canada Ltd. announced a non-brokered private placement to raise $500,000 by issuing 20,000,000 units at $0.025 per unit, each comprising one common share and one warrant. The proceeds will be used for general corporate purposes, with the offering subject to regulatory approval and expected to close by September 5, 2025.
More about Imperial Mining Group Class A
Scandium Canada Ltd. is a public company focused on becoming a leading producer of scandium, particularly through the development and commercialization of aluminum-scandium alloys. The company is leveraging its Al-Sc alloy development subsidiary and the Crater Lake mining project to meet the demand for high-performance materials, aiming to lead the market in scandium while promoting a responsible economy through innovation.
Average Trading Volume: 713,257
Technical Sentiment Signal: Sell
Current Market Cap: C$8.37M
See more insights into SCD stock on TipRanks’ Stock Analysis page.