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Important information for Scandium Canada shareholders concerning the on-going Rights Offering
(TheNewswire) MONTRÉAL, QUÉBEC – TheNewswire - June 27, 2024 &...
About this update from Scandium Canada Ltd Class A
[{"type":"text","content":"Important information for Scandium Canada shareholders concerning the on-going Rights Offering\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n MONTRÉAL, QUÉBEC –\n \n \n TheNewswire -\n \n \n June 27, 2024\n \n \n –\n \n \n Scandium Canada Ltd.\n \n \n (the “Company” or\n\"Scandium Canada\")\n \n \n (\n \n \n TSX VENTURE: SCD\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTCQB: SCDCF\n \n \n )\n \n \n confirms that all\n \n \n shareholders that have their shares in a\nbrokerage account\n \n \n (“on-line” or “full\nservice”), have now received directly in their account, the Rights\nto subscribe Units of the Corporation. They are referred to as SCD.RT\n \n \n \n \n and are listed\nfor trading on the TSX Venture Exchange (the “\n \n \n TSXV\n \n \n ”)\n \n \n . Since the exercise of the Rights is done electronically,\nnobody will contact you and no Subscription form was sent. Please note\nthat if you wish to exercise your rights,\n \n \n you absolutely need to contact your broker\nor the online trading firm, to give them the instructions to do\nso.\n \n \n Depending on the brokerage firm you are\ndealing with, the settlement delays may vary, and we urge you to act\nas soon as possible but at the latest on July 2\n \n \n nd\n \n \n if you decide\nto exercise your Rights.\n \n \n \n \n The\n \n \n shareholders that hold their shares directly\n \n \n have received from Computershare, documents relating to the Rights\noffering, including a Subscription form to be completed and returned\nwith the payment. The form must be received by Computershare before\n16:00 on July 5.\n \n \n \n \n As a reminder, 2.344039 rights are required to purchase\none Unit at $0,0325. Each Unit is comprised of one (1) share and one\n(1) share purchase warrant at 0,05$ for a 24-month period. Therefore,\na shareholder that holds 100,000 shares/rights has the right to\nsubscribe to 42,661 Units for an amount of approximatively $1,386.50\n(100,000/2,344039*0,0325$).\n \n \n \n \n If you need assistance or have questions relating to\nthe exercise of the Rights, please do not hesitate to contact the\npersons mentioned below. .\n \n \n \n \n Completion of the Rights Offering is subject to\nregulato...