Scandium International Mining Announces Closing of Third and Final Tranche of Non-Brokered Private Placement

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Jun 15, 2022

RENO, NV / ACCESSWIRE / June 15, 2022 / Scandium International Mining Corp. (TSX:SCY, Financial) ("Scandium International" or the "Company") is pleased to announce the closing of the third and final tranche of the Company's private placement first announced on April 19, 2022 (the "Offering"). Within the third tranche, the Company raised aggregate gross proceeds of C$287,190 through the sale of 3,190,999 units (each, a "Unit"). When aggregated with the first and second tranche closings previously announced, the Company has raised aggregate gross proceeds of C$ C$3,402,290 through the sale of 37,803,218 units at a price of C$0.09 per Unit.