Guy Bourassa on Scandium Canada's Exclusive Mining Rights to the World’s Primary Scandium Source

In a recent interview on Investor.News with host Tracy Hughes, Guy Bourassa, CEO and Director of Scandium Canada Ltd. (TSXV: SCD | OTCQB: SCDCF), shared insights into the company’s distinctive role in the scandium market and its latest technological advancements. Bourassa detailed Scandium Canada's involvement in a recent strategic minerals event in Utah, hosted by 47G.org and sponsored by the Critical Minerals Institute (CMI). The event drew VC investors and representatives from the U.S. Department of Energy and Defense. Scandium Canada was highlighted as the only project presenting a North American source of scandium, distinguishing itself among the participants. Further elaborating on the uniqueness of their Quebec-based project, Bourassa described Scandium Canada as owning "100% of mining rights of the unique primary source of scandium in the world." He stressed the significance of being a primary source, which allows them to be a cornerstone in the development of aluminum-scandium alloys for large manufacturers. This is crucial, he noted, because most scandium production globally is a byproduct, often making expansion unfeasible. Bourassa also touched on the company's recent technological developments, including a patent application filed with McMaster University for scandium aluminum alloys amenable to 3D printing, stating, "We are the pre-commercialization phase of these products, working with end users in different industries to prototype with them." Additionally, the interview covered Scandium Canada's financial strategies and market positioning. Bourassa discussed the challenge of securing financing for scandium, a niche industrial mineral, and mentioned ongoing discussions with potential end users aimed at securing collaboration agreements more advanced than typical MOUs. He referenced the company's recent successful closure of private placements as outlined in their December 31 news release, which secured funds for exploration work and general administrative expenses, underscoring the strategic financial management driving the project forward.