Scandium Canada annonce l'augmentation de son placement prive par voie de prise ferme d'unites en vertu de la dispense pour financement de l'emetteur cote a 15 millions de dollars
North America's largest primary scandium source secures massive federal backing and upsized C$15M financing to accelerate alloy commercialization.
The most recent news (March 4, 2026) announces an upsize to a previously announced bought deal financing. Due to "strong investor demand," the offering was increased from C$10 million to C$15 million. Underwriters (Research Capital Corporation) will purchase 68,182,000 units at C$0.22 per unit. Each unit includes a warrant exercisable at C$0.30 for 30 months. This follows a major March 2, 2026, announcement where the company secured a non-refundable C$6.9 million contribution from Natural Resources Canada (NRCan) for the Crater Lake project.
The impact is Material - Positive. This sequence of events represents a fundamental shift in the company’s risk profile and capital position: - Validation: The C$6.9M federal grant covers 69% of specific project costs, providing a massive government "seal of approval" for the Crater Lake project as a strategic asset for North American supply chains. - Capital Strength: Between the C$15M bought deal and the C$6.9M grant, the company is securing nearly C$22M in total funding. This is transformative for a company that had only C$915,894 in cash as of November 30, 2025. - Institutional Demand: The upsize of the bought deal by 50% within 24 hours indicates significant institutional appetite at the C$0.22 level, which is a massive premium to the C$0.025 financing levels seen in late 2025. - Project Acceleration: The funds are specifically earmarked for FEL-3 engineering standards and the Pre-Feasibility Study (PFS), moving the project closer to a final investment decision.
Scandium Canada is focused on the Crater Lake Project in Quebec, described as the largest primary source of scandium in North America. The project features the TG Zone, which has a significant NI 43-101 resource (16.3Mt Indicated at 277.9 g/t Sc2O3). The company also operates the Scandium+ division, which develops proprietary aluminum-scandium alloys for 3D printing and aerospace applications, aiming to create its own downstream demand.