Scandium International Receives Royalty Pay-Out

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Jan 24, 2020
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RENO, NV / ACCESSWIRE / January 24, 2020 / Scandium International Mining Corp. (TSX:SCY) ("Scandium International" or the "Company") advises that it completed a NSR royalty buy-back arrangement with Osisko Mining Inc. on interests related to the Windfall Lake gold property in Quebec, Canada. The C$1,000,000 royalty buy-back amount was received by the Company, and subsequently divided amongst several unrelated entities with interests in the royalty asset. The net amount retained by Scandium International, after distributions, was C$500,000 (US$ 383,330).