{"success":true,"data":{"pressRelease":{"id":"148830","rtpr_id":"nNFC9r6wmT-20260921","ticker":"SCD","exchange":"","all_tickers":["SCD"],"title":"Scandium Canada Announces the Appointment of Noel Dubé to Its Board of Directors","author":"Newsfile Corp","published_at":"2026-09-21T16:27:10.573Z","article_body":"Québec City, Québec--(Newsfile Corp. - September 21, 2026) - Scandium Canada\nLtd. (TSXV: SCD) (the \"Company\") is pleased to announce the appointment of Mr.\nNoel Dubé, P.Eng., to its Board of Directors and as Strategic Advisor to its\nsubsidiary Scalium+, to accelerate the commercialization of the specialized\nScalium® aluminum-scandium (Al-Sc) alloys and surface treatments. Mr. Dubé's\nappointment was approved by the Board of Directors and is effective today,\nMonday, September 21, 2026.\n\nA long-standing shareholder of the Company, Mr. Dubé brings more than 20\nyears of technical and leadership experience in the technology sector. A\ngraduate in Engineering Physics, he is a seasoned and active investor in\nQuébec technology funds. He invests in numerous private investment funds and\nserves as a director, manager and technical advisor to several companies,\nwhere he rigorously evaluates technologies, sales and markets as well as\nstrategic business plans.\n\nHe served as President and Chief Executive Officer of Reflex Photonics from\nOctober 2013 to November 2019. He was also Vice President, Sales and Business\nDevelopment, a member of the Board of Directors and one of the founders of R/D\nTech Inc., a highly successful research and development company that\nmanufactured and marketed its non-destructive testing equipment in more than\n50 countries. From 1990 to 2005, he held executive and management positions\nthere that supported the company's growth from C$2 million to C$180 million in\nrevenue, with 600 employees and 12 offices in numerous countries.\n\n\"Noel's appointment strengthens our Board at an important stage in Scandium\nCanada's evolution,\" said Jeff Swinoga, Chairman of the Board of Scandium\nCanada. \"He has advised the Company since 2024 and understands both our\ntechnology and our strategy, so he comes to the Board with a deep\nunderstanding of the opportunity ahead. Noel brings first-hand experience\nscaling technology businesses, commercializing highly technical products\ninternationally and evaluating companies as an active technology investor.\nThose capabilities are particularly relevant as we accelerate the\ncommercialization of Scalium+ while continuing to advance Crater Lake. As a\nlong-standing shareholder, he also brings an important owner's perspective to\nthe Board. We look forward to Noel helping us translate technology and\ntechnical validation into customers, revenues and long-term shareholder\nvalue.\"\n\n\"Noel knows exactly what it takes to bring a technology from the laboratory to\nthe market on an international scale,\" said Simon Thibault, President and CEO,\nScandium Canada and President, Scalium+. \"His experience in commercializing\nhigh-technology equipment and his network in the financial ecosystem will\nstrengthen our vertical integration strategy: commercializing our Al-Sc alloys\ntoday while advancing the Crater Lake project.\"\n\n\"I have spent my career recognizing the ingredients shared by companies that\nsucceed in scaling up, and that is what first led me to invest in Scandium\nCanada,\" added Noel Dubé, Director of Scandium Canada. \"This is a project\nthat checks every box: a world-class strategic resource on a continent looking\nfor a reliable supply, an alloy technology that meets specific needs in\nseveral industries and, most importantly, a team that delivers. Having\ninvested, I am now committing my time and my network. This is a company I\ntruly believe in, and I am very proud to contribute to its success.\"\n\nStock Option Grant\n\nIn connection with this appointment, the Company also announces the grant of\n500,000 stock options to Mr. Dubé in accordance with its stock option plan.\nEach option entitles the holder to acquire one common share of the Company at\nan exercise price of $0.22 for a period of five years ending on September 21,\n2031. The stock options vest in accordance with the following schedule: 1/36\n(approximately 2.78%) vests monthly starting on the last day of the month\nfollowing September 21, 2026. The grant remains subject to final approval by\nthe TSX Venture Exchange.\n\nAbout Scandium Canada Ltd.\n\nScandium Canada (TSXV: SCD) is a critical advanced materials company\ndeveloping North America's only vertically integrated primary source of\nscandium, from its Crater Lake project in Nunavik, Québec, to\naluminum-scandium (Al-Sc) alloy products. Through Scalium+, its wholly owned\ncommercialization subsidiary, the Company brings proprietary, patent-pending\nAl-Sc alloys and the Scalium® line of alloys and technologies to market\ntoday, while advancing the Crater Lake mining project for the future. This\ndual-engine strategy positions Scandium Canada to anchor a secure, resilient\nNorth American scandium supply chain and to shape the future of lighter,\nstronger and longer-lasting materials for advanced manufacturing end users,\nwhile committing itself to building a more responsible economy through\ninnovation and agility.\n\nAbout Scalium+\n\nScalium+, formerly Ferreol Technologies, is Scandium Canada's wholly owned\ncommercialization subsidiary for aluminum-scandium (Al-Sc) alloys. It unites\nthe alloys developed by the Company's Scandium+ division with the Scalium®\nline of alloys and surface treatment created by the Ferreol Technologies team.\nScalium® alloys add value on multiple fronts: significantly higher mechanical\nstrength than conventional alloys in rolled products, better weldability in\nwire form, faster print speeds in powder form, and much higher corrosion\nresistance. For manufacturers, this translates into lighter parts, shorter\nbuild times in additive manufacturing and better lifetime value for primary\nand secondary components. Scalium+ brings these specialized materials to\nmarket today, across multiple sectors.\n\nForward-Looking Statements\n\nThis news release contains forward-looking information within the meaning of\napplicable Canadian securities laws, including, without limitation, statements\nregarding the Company's next phase of development, the expected contribution\nand role of Mr. Dubé, the grant of the options and the receipt of final\napproval from the TSX Venture Exchange, the advancement of the Crater Lake\nproject, the qualification and commercialization of the Company's\naluminum-scandium alloys through Scalium+, the development of an integrated\nscandium supply chain from resource to end-use applications, and, generally,\nthe above \"About Scandium Canada Ltd.\" paragraph which essentially describes\nthe Company's outlook.\n\nForward-looking statements are necessarily based upon a number of estimates\nand assumptions that, while considered reasonable by the Company as of the\ntime of such statements, are inherently subject to significant business,\neconomic and competitive uncertainties, and contingencies. These estimates and\nassumptions may prove to be incorrect. Many of these uncertainties and\ncontingencies can directly or indirectly affect, and could cause, actual\nresults to differ materially from those expressed or implied in any\nforward-looking statements and future events, could differ materially from\nthose anticipated in such statements. A description of assumptions used to\ndevelop such forward-looking information and a description of risk factors\nthat may cause actual results to differ materially from forward-looking\ninformation can be found in the Company's disclosure documents on the SEDAR+\nwebsite at www.sedarplus.ca.\n\nBy their very nature, forward-looking statements involve inherent risks and\nuncertainties, both general and specific, and risks exist that estimates,\nforecasts, projections and other forward-looking statements will not be\nachieved or that assumptions do not reflect future experience. Forward-looking\nstatements are provided for the purpose of providing information about\nmanagement's endeavors to develop the Crater Lake project, and, more\ngenerally, its expectations and plans relating to the future. Readers are\ncautioned not to place undue reliance on these forward-looking statements as a\nnumber of important risk factors and future events could cause the actual\noutcomes to differ materially from the beliefs, plans, objectives,\nexpectations, anticipations, estimates, assumptions and intentions expressed\nin such forward-looking statements. All of the forward-looking statements made\nin this press release are qualified by these cautionary statements and those\nmade in our other filings with the securities regulators of Canada. The\nCompany disclaims any intention or obligation to update or revise any\nforward-looking statement or to explain any material difference between\nsubsequent actual events and such forward-looking statements, except to the\nextent required by applicable law.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nFor more information or interview requests, please contact:\n\n Scandium Canada Ltd. Arnaud Bourassa Francoeur  Director, Communications and Marketing  Phone: +1 (418) 609-4900  Email: info@scandium-canada.com  Website : www.scandium-canada.com  LinkedIn : Scandium Canada Ltd.  X : @ScandiumCanada  Facebook : Scandium Canada  Instagram : @scandiumcanada  \n\n \n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/315175","article_body_html":"","raw_payload":{"data":{"id":"nNFC9r6wmT-20260921","title":"Scandium Canada Announces the Appointment of Noel Dubé to Its Board of Directors","author":"Newsfile Corp","ticker":"SCD","created":"2026-09-21T16:27:10.573Z","tickers":["SCD"],"exchange":"","article_body":"Québec City, Québec--(Newsfile Corp. - September 21, 2026) - Scandium Canada\nLtd. (TSXV: SCD) (the \"Company\") is pleased to announce the appointment of Mr.\nNoel Dubé, P.Eng., to its Board of Directors and as Strategic Advisor to its\nsubsidiary Scalium+, to accelerate the commercialization of the specialized\nScalium® aluminum-scandium (Al-Sc) alloys and surface treatments. Mr. Dubé's\nappointment was approved by the Board of Directors and is effective today,\nMonday, September 21, 2026.\n\nA long-standing shareholder of the Company, Mr. Dubé brings more than 20\nyears of technical and leadership experience in the technology sector. A\ngraduate in Engineering Physics, he is a seasoned and active investor in\nQuébec technology funds. He invests in numerous private investment funds and\nserves as a director, manager and technical advisor to several companies,\nwhere he rigorously evaluates technologies, sales and markets as well as\nstrategic business plans.\n\nHe served as President and Chief Executive Officer of Reflex Photonics from\nOctober 2013 to November 2019. He was also Vice President, Sales and Business\nDevelopment, a member of the Board of Directors and one of the founders of R/D\nTech Inc., a highly successful research and development company that\nmanufactured and marketed its non-destructive testing equipment in more than\n50 countries. From 1990 to 2005, he held executive and management positions\nthere that supported the company's growth from C$2 million to C$180 million in\nrevenue, with 600 employees and 12 offices in numerous countries.\n\n\"Noel's appointment strengthens our Board at an important stage in Scandium\nCanada's evolution,\" said Jeff Swinoga, Chairman of the Board of Scandium\nCanada. \"He has advised the Company since 2024 and understands both our\ntechnology and our strategy, so he comes to the Board with a deep\nunderstanding of the opportunity ahead. Noel brings first-hand experience\nscaling technology businesses, commercializing highly technical products\ninternationally and evaluating companies as an active technology investor.\nThose capabilities are particularly relevant as we accelerate the\ncommercialization of Scalium+ while continuing to advance Crater Lake. As a\nlong-standing shareholder, he also brings an important owner's perspective to\nthe Board. We look forward to Noel helping us translate technology and\ntechnical validation into customers, revenues and long-term shareholder\nvalue.\"\n\n\"Noel knows exactly what it takes to bring a technology from the laboratory to\nthe market on an international scale,\" said Simon Thibault, President and CEO,\nScandium Canada and President, Scalium+. \"His experience in commercializing\nhigh-technology equipment and his network in the financial ecosystem will\nstrengthen our vertical integration strategy: commercializing our Al-Sc alloys\ntoday while advancing the Crater Lake project.\"\n\n\"I have spent my career recognizing the ingredients shared by companies that\nsucceed in scaling up, and that is what first led me to invest in Scandium\nCanada,\" added Noel Dubé, Director of Scandium Canada. \"This is a project\nthat checks every box: a world-class strategic resource on a continent looking\nfor a reliable supply, an alloy technology that meets specific needs in\nseveral industries and, most importantly, a team that delivers. Having\ninvested, I am now committing my time and my network. This is a company I\ntruly believe in, and I am very proud to contribute to its success.\"\n\nStock Option Grant\n\nIn connection with this appointment, the Company also announces the grant of\n500,000 stock options to Mr. Dubé in accordance with its stock option plan.\nEach option entitles the holder to acquire one common share of the Company at\nan exercise price of $0.22 for a period of five years ending on September 21,\n2031. The stock options vest in accordance with the following schedule: 1/36\n(approximately 2.78%) vests monthly starting on the last day of the month\nfollowing September 21, 2026. The grant remains subject to final approval by\nthe TSX Venture Exchange.\n\nAbout Scandium Canada Ltd.\n\nScandium Canada (TSXV: SCD) is a critical advanced materials company\ndeveloping North America's only vertically integrated primary source of\nscandium, from its Crater Lake project in Nunavik, Québec, to\naluminum-scandium (Al-Sc) alloy products. Through Scalium+, its wholly owned\ncommercialization subsidiary, the Company brings proprietary, patent-pending\nAl-Sc alloys and the Scalium® line of alloys and technologies to market\ntoday, while advancing the Crater Lake mining project for the future. This\ndual-engine strategy positions Scandium Canada to anchor a secure, resilient\nNorth American scandium supply chain and to shape the future of lighter,\nstronger and longer-lasting materials for advanced manufacturing end users,\nwhile committing itself to building a more responsible economy through\ninnovation and agility.\n\nAbout Scalium+\n\nScalium+, formerly Ferreol Technologies, is Scandium Canada's wholly owned\ncommercialization subsidiary for aluminum-scandium (Al-Sc) alloys. It unites\nthe alloys developed by the Company's Scandium+ division with the Scalium®\nline of alloys and surface treatment created by the Ferreol Technologies team.\nScalium® alloys add value on multiple fronts: significantly higher mechanical\nstrength than conventional alloys in rolled products, better weldability in\nwire form, faster print speeds in powder form, and much higher corrosion\nresistance. For manufacturers, this translates into lighter parts, shorter\nbuild times in additive manufacturing and better lifetime value for primary\nand secondary components. Scalium+ brings these specialized materials to\nmarket today, across multiple sectors.\n\nForward-Looking Statements\n\nThis news release contains forward-looking information within the meaning of\napplicable Canadian securities laws, including, without limitation, statements\nregarding the Company's next phase of development, the expected contribution\nand role of Mr. Dubé, the grant of the options and the receipt of final\napproval from the TSX Venture Exchange, the advancement of the Crater Lake\nproject, the qualification and commercialization of the Company's\naluminum-scandium alloys through Scalium+, the development of an integrated\nscandium supply chain from resource to end-use applications, and, generally,\nthe above \"About Scandium Canada Ltd.\" paragraph which essentially describes\nthe Company's outlook.\n\nForward-looking statements are necessarily based upon a number of estimates\nand assumptions that, while considered reasonable by the Company as of the\ntime of such statements, are inherently subject to significant business,\neconomic and competitive uncertainties, and contingencies. These estimates and\nassumptions may prove to be incorrect. Many of these uncertainties and\ncontingencies can directly or indirectly affect, and could cause, actual\nresults to differ materially from those expressed or implied in any\nforward-looking statements and future events, could differ materially from\nthose anticipated in such statements. A description of assumptions used to\ndevelop such forward-looking information and a description of risk factors\nthat may cause actual results to differ materially from forward-looking\ninformation can be found in the Company's disclosure documents on the SEDAR+\nwebsite at www.sedarplus.ca.\n\nBy their very nature, forward-looking statements involve inherent risks and\nuncertainties, both general and specific, and risks exist that estimates,\nforecasts, projections and other forward-looking statements will not be\nachieved or that assumptions do not reflect future experience. Forward-looking\nstatements are provided for the purpose of providing information about\nmanagement's endeavors to develop the Crater Lake project, and, more\ngenerally, its expectations and plans relating to the future. Readers are\ncautioned not to place undue reliance on these forward-looking statements as a\nnumber of important risk factors and future events could cause the actual\noutcomes to differ materially from the beliefs, plans, objectives,\nexpectations, anticipations, estimates, assumptions and intentions expressed\nin such forward-looking statements. All of the forward-looking statements made\nin this press release are qualified by these cautionary statements and those\nmade in our other filings with the securities regulators of Canada. The\nCompany disclaims any intention or obligation to update or revise any\nforward-looking statement or to explain any material difference between\nsubsequent actual events and such forward-looking statements, except to the\nextent required by applicable law.\n\nNeither the TSX Venture Exchange nor its Regulation Services Provider (as that\nterm is defined in the policies of the TSX Venture Exchange) accepts\nresponsibility for the adequacy or accuracy of this release.\n\nFor more information or interview requests, please contact:\n\n Scandium Canada Ltd. Arnaud Bourassa Francoeur  Director, Communications and Marketing  Phone: +1 (418) 609-4900  Email: info@scandium-canada.com  Website : www.scandium-canada.com  LinkedIn : Scandium Canada Ltd.  X : @ScandiumCanada  Facebook : Scandium Canada  Instagram : @scandiumcanada  \n\n \n\n\nTo view the source version of this press release, please visit\nhttps://www.newsfilecorp.com/release/315175"},"type":"article","timestamp":"2026-09-21T16:27:10.614332677Z","server_sent_at_ms":1790008030614},"received_at":"2026-09-21T16:27:10.669Z","source_url":"https://www.newsfilecorp.com/release/315175"},"analysis":{"id":"137388","press_release_id":"148830","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"board_change","narrative":"Scandium Canada Ltd. (TSXV: SCD) appointed Noel Dubé, P.Eng., to its board of directors and as strategic advisor to its commercialization subsidiary Scalium+, effective September 21, 2026, to accelerate the rollout of its Scalium® aluminum-scandium alloys and surface treatments.\n\nDubé brings more than 20 years of technology-sector experience, including as CEO of Reflex Photonics and as a founder of R/D Tech, which grew from C$2 million to C$180 million in revenue during his 1990-2005 tenure; he is also a long-standing Scandium Canada shareholder who has advised the company since 2024.\n\nIn connection with the appointment, the company granted Dubé 500,000 stock options at a $0.22 exercise price, vesting monthly over 36 months with a five-year term ending September 21, 2031, subject to final TSX Venture Exchange approval.\n\nManagement framed the addition as reinforcing the company's dual-engine strategy of commercializing Al-Sc alloys today while advancing the Crater Lake scandium project in Nunavik, Québec.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Micro-cap scandium developer adds a tech-commercialization veteran to its board as it pushes Al-Sc alloy sales alongside the Crater Lake project."},"keyFigures":{"customDimensions":{"option_term":"five years ending September 21, 2031","vesting_schedule":"1/36 (approximately 2.78%) monthly starting last day of month following September 21, 2026","option_exercise_price":"$0.22","stock_options_granted":500000}},"quotedText":"Noel's appointment strengthens our Board at an important stage in Scandium Canada's evolution","namedEntities":{"people":[{"name":"Noel Dubé","role":"Newly appointed Director; Strategic Advisor to Scalium+; former CEO of Reflex Photonics and co-founder of R/D Tech"},{"name":"Jeff Swinoga","role":"Chairman of the Board, Scandium Canada"},{"name":"Simon Thibault","role":"President and CEO, Scandium Canada; President, Scalium+"},{"name":"Arnaud Bourassa Francoeur","role":"Director, Communications and Marketing (media contact)"}],"products":["Scalium® aluminum-scandium (Al-Sc) alloys","Scalium® line of alloys and surface treatments","Crater Lake scandium project (Nunavik, Québec)"],"companies":[{"name":"Scandium Canada Ltd.","ticker":"SCD","relationship":"filer"},{"name":"Scalium+ (formerly Ferreol Technologies)","relationship":"wholly owned commercialization subsidiary of the filer"},{"name":"Reflex Photonics","relationship":"new director's former employer (CEO 2013-2019)"},{"name":"R/D Tech Inc.","relationship":"new director's co-founded former employer"}],"dollarAmounts":[{"amount":"$0.22","context":"exercise price of the 500,000 stock options granted to Noel Dubé"},{"amount":"C$2 million","context":"R/D Tech revenue when Dubé joined in 1990"},{"amount":"C$180 million","context":"R/D Tech revenue reached by 2005 during Dubé's tenure, with 600 employees"}]},"materialImpact":{"score":2,"reasoning":"Routine board appointment at a TSXV micro-cap, albeit one with a strategic advisory mandate tied to commercializing Scalium Al-Sc alloys. No change to strategy, financials, or leadership of the CEO; the connected 500,000-option grant is boilerplate compensation."},"tickerRelevance":{"others":[],"primary":"SCD"},"globalImportance":10,"audienceRelevance":8,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap (TSX Venture Exchange)","eventGravity":"routine board appointment with advisory mandate","sectorWeight":"critical materials / scandium supply chain — modest thematic interest","issuerAuthored":true,"householdBrandBoost":false}},"event_type":"board_change","event_type_secondary":null,"sentiment":"neutral","material_impact_score":2,"narrative":"Scandium Canada Ltd. (TSXV: SCD) appointed Noel Dubé, P.Eng., to its board of directors and as strategic advisor to its commercialization subsidiary Scalium+, effective September 21, 2026, to accelerate the rollout of its Scalium® aluminum-scandium alloys and surface treatments.\n\nDubé brings more than 20 years of technology-sector experience, including as CEO of Reflex Photonics and as a founder of R/D Tech, which grew from C$2 million to C$180 million in revenue during his 1990-2005 tenure; he is also a long-standing Scandium Canada shareholder who has advised the company since 2024.\n\nIn connection with the appointment, the company granted Dubé 500,000 stock options at a $0.22 exercise price, vesting monthly over 36 months with a five-year term ending September 21, 2031, subject to final TSX Venture Exchange approval.\n\nManagement framed the addition as reinforcing the company's dual-engine strategy of commercializing Al-Sc alloys today while advancing the Crater Lake scandium project in Nunavik, Québec.","key_figures":{"customDimensions":{"option_term":"five years ending September 21, 2031","vesting_schedule":"1/36 (approximately 2.78%) monthly starting last day of month following September 21, 2026","option_exercise_price":"$0.22","stock_options_granted":500000}},"named_entities":{"people":[{"name":"Noel Dubé","role":"Newly appointed Director; Strategic Advisor to Scalium+; former CEO of Reflex Photonics and co-founder of R/D Tech"},{"name":"Jeff Swinoga","role":"Chairman of the Board, Scandium Canada"},{"name":"Simon Thibault","role":"President and CEO, Scandium Canada; President, Scalium+"},{"name":"Arnaud Bourassa Francoeur","role":"Director, Communications and Marketing (media contact)"}],"products":["Scalium® aluminum-scandium (Al-Sc) alloys","Scalium® line of alloys and surface treatments","Crater Lake scandium project (Nunavik, Québec)"],"companies":[{"name":"Scandium Canada Ltd.","ticker":"SCD","relationship":"filer"},{"name":"Scalium+ (formerly Ferreol Technologies)","relationship":"wholly owned commercialization subsidiary of the filer"},{"name":"Reflex Photonics","relationship":"new director's former employer (CEO 2013-2019)"},{"name":"R/D Tech Inc.","relationship":"new director's co-founded former employer"}],"dollarAmounts":[{"amount":"$0.22","context":"exercise price of the 500,000 stock options granted to Noel Dubé"},{"amount":"C$2 million","context":"R/D Tech revenue when Dubé joined in 1990"},{"amount":"C$180 million","context":"R/D Tech revenue reached by 2005 during Dubé's tenure, with 600 employees"}]},"model_name":"glm-5.3-flash","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-21T16:28:12.132Z","global_importance":10,"audience_relevance":8,"importance_components":{"tickerTier":"micro-cap (TSX Venture Exchange)","eventGravity":"routine board appointment with advisory mandate","sectorWeight":"critical materials / scandium supply chain — modest thematic interest","issuerAuthored":true,"householdBrandBoost":false}},"durationMs":61456,"modelName":"glm-5.3-flash"}}