Scandium International Mining Announces Exercise of Options by All Officers and Directors

Rhea-AI Summary

Scandium International Mining (OTC: SCYYF; TSXV: SCY) announced that all officers and directors exercised stock options at C$0.14. As of November 5, 2025, a total of 1,900,000 options were exercised, increasing the company's cash balance by C$266,000.

The board unanimously supported the exercises. The release includes a standard cautionary note on forward-looking information and directs investors to the company’s continuous disclosure documents for risks and assumptions.

Reno, Nevada--(Newsfile Corp. - November 6, 2025) - Scandium International Mining Corp. (TSXV: SCY) (OTC Pink: SCYYF) ("Scandium International" or the "Company") is pleased to announce that the Board was unanimously in support and all officers and board members of Scandium International Mining Corp have now exercised options at C$0.14.

As of November 5, a total of 1,900,000 options have been exercised, increasing cash balances by C$266,000.

For inquiries to Scandium International Mining Corp, please contact:

Peter Evensen, President and CEO
Tel: (775) 355-9500

Harry de Jonge (Controller)
Tel: (702) 703-0178

Email: info@scandiummining.com

Cautionary Note Regarding Forward-Looking Information
This news release includes certain information that may be deemed "forward-looking information". Forward-looking information can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "believe", "continue", "plans" or similar terminology, or negative connotations thereof. All information in this release, other than information of historical facts, general future plans and objectives for the Company and the Nyngan Scandium Project, are forward-looking information that involve various risks and uncertainties. Although the Company believes that the expectations expressed in such forward-looking information are based on reasonable assumptions, such expectations are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking information.

For more information on the Company and the key assumptions, risks and challenges with respect to the forward-looking information discussed herein, and about our business in general, investors should review the Company's most recently filed annual information form, and other continuous disclosure filings which are available at www.scandiummining.com Readers are cautioned not to place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273317

FAQ

How many options did Scandium International officers and directors exercise on November 5, 2025 (SCYYF)?

Officers and directors exercised a total of 1,900,000 options on or before November 5, 2025.

At what price were Scandium International (SCYYF) options exercised and how much cash was raised?

Options were exercised at C$0.14 per share, raising C$266,000 in cash.

Does the Scandium International board support the officers' and directors' option exercises (SCYYF)?

Yes. The board was reported as unanimously in support of the option exercises.

Will the officers' and directors' option exercises of Scandium International (SCYYF) dilute existing shareholders?

The announcement confirms option exercises but does not state the total outstanding share count or dilution percentage.

Where can investors find more information about Scandium International's risk factors and disclosures (SCYYF)?

Investors are directed to the company’s most recent annual information form and continuous disclosure filings available through the company website and regulatory filings.