Bullboard - Stock Discussion Forum Scandium Canada Ltd V.SCD

Alternate Symbol(s): SCDCF

Scandium Canada Ltd., formerly Imperial Mining Group Ltd., is a Canadian technology metals company focused on advancing its flagship Crater Lake scandium and rare earth projects in Quebec. It specializes in mining exploration for gold, base metal and technology metal mining sites located in Canada. It is focused on the advancement of its Crater Lake Scandium-REE project in Northeastern Quebec... see more

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TSXV:SCD - Post Discussion

Scandium Canada Ltd > Scandium Canada: Units Rights Offering for up to $3 Million

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Post by ScandiumPower on Jun 07, 2024 1:58am

Scandium Canada: Units Rights Offering for up to $3 Million

The Corporation expects to raise gross proceeds of up to $3 million from the Rights Offering and intends to use the net proceeds of the Rights Offering to fund the completion of 500 kg metallurgical test, its baseline environmental studies at Crater Lake and for market development and administrative purposes.

https://wp-sccanada-2024.s3.ca-central-1.amazonaws.com/media/2024/06/04154954/06-03-2024-SCD-NR.pdf

https://www.youtube.com/watch?v=qcDCESgA0p0

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Comment by dalesio_98 on Jun 07, 2024 10:27am

To reiterate: Rights offering perhaps the last resort to raise up to $3 Million. The best the new CEO, board and strategic review committee could come up with? Good luck to All! https://stockhouse.com/companies/bullboard/v.scd/scandium-canada-ltd?postid=36074452

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Scandium Canada Ltd