Mr. Guy Bourassa reports

SCANDIUM CANADA SIGNS NDA WITH UNIVERSITY OF WATERLOO'S MSAM LABORATORY TO EXPLORE ADDITIVE MANUFACTURING OF ALUMINUM-SCANDIUM ALLOYS

Scandium Canada Ltd. has executed a mutual non-disclosure agreement with the University of Waterloo to establish research collaboration in additive manufacturing of aluminum alloys with the university's world-class multiscale additive manufacturing laboratory (MSAM).

Earlier this month, Dr. Luc Duchesne, PhD, chief science officer of Scandium Canada and head of Scandium+, visited MSAM and met with MSAM representatives to initiate research trials with the laboratory to accelerate the commercialization of aluminum-scandium alloys in advanced manufacturing.

Recognized as one of Canada's leading additive manufacturing research centres, MSAM operates from Catalyst137 in Kitchener, Ont. With more than $25-million of state-of-the-art equipment, MSAM has built a strong international reputation for its work on metal 3-D printing, process optimization, the development of advanced materials and qualification of specialized alloys for industrial applications.

The collaboration will be led by Prof. Mihaela Vlasea, PhD, co-director of MSAM and Canada research chair (Tier II) in sustainable additive manufacturing, with research support from Dr. Mohsen K. Keshavarz, PhD, research associate. The work will be co-ordinated by Dr. Duchesne.

"Collaborating with one of the most respected additive manufacturing laboratories in the world marks an important step forward for Scandium Canada and for our Scandium+ division," said Guy Bourassa, chief executive officer of Scandium Canada. "This initiative reflects our commitment to generating concrete commercial opportunities for aluminum-scandium alloys. Working alongside MSAM, a top-tier Canadian research and development organization with deep market expertise and a strong business network, represents a significant step toward achieving our objectives."

"Our first target is to develop processes to reduce the cost of advanced manufacturing using laser powder bed fusion (L-PBF) to broaden the spectrum of market opportunities," said Dr. Duchesne.

"It is exciting to engage with the industry ecosystem to address pressing supply chain needs for metal additive manufacturing," said Prof. Vlasea, co-director of the multiscale additive manufacturing laboratory, associate professor and Canada research chair (Tier II) in sustainable additive manufacturing at the University of Waterloo.

About Scandium+

Scandium+, a division of Scandium Canada, is dedicated to the research, development and commercialization of innovative scandium uses. It strives to unlock the full potential of scandium through strategic partnerships, cutting-edge technology and a commitment to responsible stewardship, leading progress across multiple sectors.

About Scandium Canada Ltd.

Scandium Canada is a public company whose ultimate goal is to bring the world's leading primary source of scandium into production, enabling the development and commercialization of aluminum-scandium alloys. The company is leveraging its aluminum-scandium alloys development division and the development of its Crater Lake mining project to meet the growing need for lighter, greener, longer-lasting, high-performance materials. The company aims to become a market leader in scandium while committing itself to building a more responsible economy through innovation and agility.

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