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S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
M&A / Property

Scandium Canada annonce la vente de son projet aurifere La Ronciere a Barrick

By The Northwire Desk — AI Analysis Nov 17, 2025 · 08:10 SCD · 0.10 Scandium Canada Ltd.
SCD · Price

Executive Summary

  • Scandium Canada Ltd. has entered into a definitive agreement to sell its La Roncière gold project to a wholly-owned subsidiary of Barrick Mining Corporation.
  • The total consideration for the transaction is up to $590,000 CAD, structured as an initial payment followed by a contingent milestone payment.
  • The sale allows Scandium Canada to generate non-dilutive capital to focus on the development of its flagship Crater Lake project.

Key Details

  • Transaction Structure: Definitive agreement for the sale of the La Roncière gold project to a 100% subsidiary of Barrick Mining Corporation.
  • Total Consideration: Up to $590,000 CAD in cash.
  • Initial Payment: $390,000 CAD payable upon closing.
  • Contingent Payment: Up to $200,000 CAD, conditional upon Barrick publishing a Preliminary Feasibility Study (PFS) demonstrating a mineral resource containing a specified minimum gold content.
  • Asset Details: The La Roncière project is located approximately 35 km east of Desmaraisville, Quebec, accessible via Highway 113. It comprises 45 contiguous mining claims covering a total area of 25.1 km².
  • Strategic Rationale: CEO Guy Bourassa stated the transaction provides non-dilutive financing and allows the company to concentrate resources on its flagship Crater Lake project, which is currently in the PFS phase and located 220 km east of Shefferville in Nunavik.

Notable Quotes

  • "This transaction represents a strategic step for Scandium Canada. It allows us to generate non-dilutive financing while concentrating our resources and efforts on the development of our flagship project in Quebec, Crater Lake," said Guy Bourassa, Chief Executive Officer.
Read the original news release →

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