SCANDIUM INTERNATIONAL MINING CORP. (TSE:SCY) Files An 8-K Unregistered Sales of Equity Securities

SCANDIUM INTERNATIONAL MINING CORP. (TSE:SCY) Files An 8-K Unregistered Sales of Equity Securities
Item 3.02 Unregistered Sales of Equity Securities.

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On May 4, 2018, the Company completed a private placement of 6,071,888 shares of common stock at a price of CAD$0.18 per share for total proceeds of CAD$1,092,940. The securities were sold to one accredited investor to Rule 506 of Regulation D and to one non-US person to Regulation S under the United States Securities Act of 1933, as amended.

Item 7.01Regulation FD Disclosure.

On May 8, 2018, the Company issued a press release entitled “Scandium International Closes Private Placement Financing”.

A copy of the press release is attached to this report as Exhibit 99.1 and incorporated herein by reference.

In accordance with General Instruction B.2 of Form 8-K, the information in this report, including the exhibit attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01Financial Statements and Exhibits.

The following Exhibit relating to Item 7.01 are intended to be furnished to, not filed with, the SEC to Regulation FD.

99.1 News release dated May 8, 2018.


SCANDIUM INTERNATIONAL MINING CORP. Exhibit
EX-99.1 2 exhibit99-1.htm EXHIBIT 99.1 Scandium International Mining Corp. – Exhibit 99.1 – Filed by newsfilecorp.com NEWS RELEASE TSX: SCY May 8,…
To view the full exhibit click here

About SCANDIUM INTERNATIONAL MINING CORP. (TSE:SCY)

Scandium International Mining Corp. is an exploration-stage mineral exploration and development company. The Company is focused on the development of scandium, rare earth minerals, and other specialty metals, including nickel, cobalt, boron, manganese, tantalum, titanium and zirconium. Its segments include Norway, Australia and the United States. Its principal project is the Nyngan Scandium Project located in New South Wales, Australia. The Company also holds an exploration license referred to as the Honeybugle Scandium property, which is a prospective scandium exploration property located over 20 kilometers from the Nyngan Scandium Project. It also owns of the Tordal Scandium/REE property exploration licenses located in Norway. The Nyngan Scandium Project site is located approximately 450 kilometers northwest of Sydney. The 90-square kilometer Tordal exploration property is prospective for a grouping of specialty metals and rare earth elements.

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