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Imperial Mining Group Ltd. Class A ( (TSE:SCD) ) has issued an announcement.
Scandium Canada Ltd. has decided to delist its shares from the US OTCQB market effective March 1, 2025, citing the cost savings from this move as a means to support a new division focused on the pre-commercialization of Al-Sc powders and the development of other alloys. This strategic decision is intended to enhance the company’s focus on innovation and market leadership in scandium alloys while maintaining the option to relist in the future.
More about Imperial Mining Group Ltd. Class A
Scandium Canada Ltd. is a public company focused on developing and commercializing aluminum-scandium (Al-Sc) alloys. The company aims to establish itself as a leading primary source of scandium, leveraging its Crater Lake mining project and Al-Sc alloy development subsidiary to meet the demand for advanced materials that are lighter, greener, and more durable.
Average Trading Volume: 254,912
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.25M
For detailed information about SCD stock, go to TipRanks’ Stock Analysis page.
