Scandium International Mining is pleased to announce that it has closed a private placement of 6,071,900 shares at C$0.18 per share for gross proceeds of C$1,092,492. The Company announced previously receipt of C$900,000 in the private placement, but additional funds of C$192,492 were raised prior to the Closing from a private investor. The primary [...]
Scandium International Mining Corp.. is pleased to announce that it has signed a Letter of Intent with Eck Industries Inc. , based in Manitowoc, Wisconsin, USA. Eck is a privately held manufacturer of precision sand cast parts, and engineering services, using both aluminum and metal matrix composite alloys, servicing a significant global customer [...]
Scandium International Mining is pleased to announce that it has signed a Letter of Intent with Grainger & Worrall, based in Shropshire. GW is a privately held manufacturer of precision sand cast parts, and engineering services, using both aluminum and steel alloys, servicing a significant global customer base. The LOI calls for the Company to [...]
Scandium International Mining is pleased to announce that it has received C$900,000 pursuant to a private placement of 5,000,000 common shares, priced at C$0.18 per share. The investor was Rothschild Asset Management. No fees were paid on the transaction. The proceeds from the financing will be used for general working capital, and specifically for [...]
Scandium International Mining is pleased to announce that it has initiated a pilot scale program at the Alcereco Inc. metallurgical research facilities in Kingston, Ontario, to confirm and refine previous work on the manufacture of aluminum-scandium 2% master alloy . The pilot scale program is intended to confirm the previous bench-scale test work [...]
Scandium International Mining is pleased to announce that it has received C$1,031,250 pursuant to a private placement of 5,729,167 common shares, priced at C$0.18 per share. The source of the funds was 97% from insiders, with the remainder provided by one independent investor. No fees were paid on the transaction. The proceeds from the financing [...]
Scandium International is pleased to announce that it has signed a Letter of Intent with Gränges, based in Stockholm. Gränges is a public company, traded on the NASDAQ Stockholm Stock Exchange, and is a large global player in the rolled aluminum products business, with production assets in Europe, USA, and China, and a worldwide customer [...]
Scandium International Mining is pleased to announce that it has signed a Letter of Intent with Ohm & Häner Metallwerk GmbH & Co. GK , based in Olpe, Germany. O&H is a privately held manufacturer of sand cast and gravity die cast parts, using metal alloys, servicing a significant, global customer base. The LOI calls for the Company to [...]
Scandium International Mining is pleased to announce that it has signed a Letter of Intent with AML Technologies, an Adelaide, based start-up company with proprietary technology for applying aluminium alloys to additive layer manufacturing processes, also commonly referred to as 3D printing. The LOI calls for the Company to supply [...]
Scandium International Mining is pleased to announce that it has both revised and renewed an existing scandium product offtake sales agreement entered into in 2015 with Alcereco Inc., a private Canadian aluminum alloy specialty research and manufacturing company, located in Kingston, Ontario, Canada. The revised sales agreement extends the deadline [...]
Scandium International Mining is pleased to announce that we have instructed Lycopodium, our EPCM Engineering Contractor, to initiate critical path engineering for our Nyngan Scandium Project in NSW, Australia. Lycopodium will commence work immediately on select critical path components for the project, including design and specification [...]
Scandium International Mining is pleased to announce that it has closed the share exchange transaction with Scandium Investments, as approved by the SCY shareholders at a Special Meeting on September 11, 2017, and as a result, has acquired the 20% interest in EMC Metals Australia Pty Ltd previously held by SIL. The Company now holds 100% ownership [...]