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Scandium Canada Clarifies Its February 11, 2026 Press Release
(TheNewswire)   March 13, 2026 – TheNewswire - MONTREAL, QUÉBEC –...
About this update from Scandium Canada Ltd Class A
[{"type":"text","content":"Scandium Canada Clarifies Its February 11, 2026 Press Release\n(TheNewswire)\n\n\n\n \n\n\nMarch 13, 2026 – TheNewswire - MONTREAL, QUÉBEC – Scandium Canada Ltd.\n(TSX-V : SCD) (the “Company”) wishes to\nclarify an item contained in its press release issued on February 11,\n2026, entitled “Scandium\nCanada provides update on Scandium+ activities and development of its\nAl-Sc alloys”.\n\n\n \n\n\nIn that release, in the second paragraph, the Company\nstated : “For reference,\nthe Crater Lake Project is expected to produce 91 tonnes per year of\nscandium oxide.” The Company wishes to clarify\nthat the volume of 91 tonnes represents a target set by management of\nthe Company as part of the pre‑feasibility study under preparation\nby the firm Norda Stelo (refer to the press release issued by the\nCompany on February 6, 2026) and is not taken from an economic study\nor a technical report on the Crater Lake project. Management of the\nCompany considers, based on its analysis of the potential market,\namong other things for powders intended for 3D printing and for\nwelding wire, that a new scandium supply source with a capacity of\nnearly 91 tonnes per year could be justified, and this is why it\ncontinues to advance the steps required to complete such a\npre‑feasibility analysis.\n\n\n \n\n\nThis objective constitutes forward‑looking\ninformation. It is, and will remain, an estimate only, and there can\nbe no assurance that it will prove to be accurate. The target is based\non current plans and assumptions that are subject to change from time\nto time, including, without limitation: global demand and supply for\nscandium. While the Corporation believes that these assumptions are\nreasonable as of the date of this press release, there can be no\nassurance that they will prove to be accurate. Investors are cautioned\nnot to place undue reliance on this forward‑looking information.\n\n\n\n \n\n\nAbout Scandium Canada Ltd.\n\n\n \n\n\nScandium Canada (TSX-V: SCD) is a public company whose\nultimate goal is to bring the world's leading primary source of\nscandium into production, enabling the development and\ncommercialization of aluminum-scandium (Al-Sc) alloys. The Company is\nleveraging its Al-Sc alloy development subsi...