New Risk • Mar 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 48% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Shareholders have been substantially diluted in the past year (48% increase in shares outstanding). Revenue is less than US$1m (CA$413k revenue, or US$301k). Minor Risk Market cap is less than US$100m (CA$76.4m market cap, or US$55.6m). Bekanntmachung • Mar 18
Scandium Canada Ltd. announced that it has received CAD 15.00004 million in funding On March 17, 2026, Scandium Canada Ltd. closed the transaction. The company issued 68,182,000 units at a price of CAD 0.22 for gross proceeds of CAD 15,000,040 and additional 10,227,300 units for gross proceeds of CAD 2,250,006 as part of exercised overallotment option. The company issued a total of 78,409,300 units at a price of CAD 0.22 for gross proceeds of CAD 17,250,046. Each Unit is comprised of one common share in the capital of the Company and one common share purchase warrant of the Company. Each Warrant entitles the holder thereof to acquire one common share in the capital of the Company at a price per Warrant Share of CAD 0.30 at any time until September 17, 2028. In consideration for their services, the Underwriters received aggregate cash commissions of CAD 1,023,122.76 and 4,650,558 non-transferable common share purchase warrants (the “Broker Warrant”). Each Broker Warrant entitles the holder thereof to purchase one common share at an exercise price of CAD 0.22 at any time until September 17, 2028. The Broker Warrants were issued under prospectus exemptions in accordance with NI 45-106 and are subject to a statutory restricted period of four months and one day including the common shares issuable upon the exercise of such Broker Warrants if exercised prior to the expiry of the hold period). The closing of the Offering remains subject to the final approval of the TSX Venture Exchange (the "TSXV"). in connection with the offering underwriter received aggregate cash commissions of CAD 1,023,122.76 and 4,650,558 non-transferable common share purchase warrants. Bekanntmachung • Mar 04
Scandium Canada Ltd. announced that it expects to receive CAD 10.0001 million in funding Scandium Canada Ltd. announced a bought deal private placement of 45,455,000 units at a price per unit of CAD 0.22 for aggregate gross proceeds to the company of CAD 10,000,100 on March 3, 2026. Each unit will consist of one common share and one common share purchase warrant of the company. Each warrant will entitle the holder thereof to acquire one common share in the capital of the company at a price per warrant share of CAD 0.30 for a period of 30 months from the closing date. The company has agreed to grant the underwriters an option, exercisable in full or in part up to 48 hours prior to the closing date, to sell up to an additional 6,818,250 units on the same terms for additional gross proceeds of up to CAD 1,500,015. The offering is expected to close on or about March 17, 2026, or such other date as the company and the underwriters may agree. Completion of the offering is subject to certain closing conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange. In consideration for their services, the company has agreed to pay to the underwriters a cash commission equal to up to 6 per cent of the aggregate gross proceeds of the offering (including gross proceeds from any exercise of the underwriter's option). The company has also agreed to issue to the underwriter's non-transferable warrants in an amount equal to up to 6% of the number of units sold in connection with the offering (including units sold from any exercise of the underwriter's option). Each broker warrant shall entitle the holder thereof to purchase one common share in the capital of the company at an exercise price of CAD 0.22 for a period of 30 months following the closing date. The broker warrants will be subject to a statutory restricted period of four months and one day (including the common shares issuable upon the exercise of such broker warrants if exercised prior to the expiry of the hold period). Bekanntmachung • Feb 16
Scandium Canada Ltd., Annual General Meeting, Apr 21, 2026 Scandium Canada Ltd., Annual General Meeting, Apr 21, 2026. Location: quebec, montreal Canada Bekanntmachung • Feb 05
Scandium Canada Ltd. Announces Return of Jeff Swinoga to Its Board of Directors as Chairman, Effective February 4, 2026 Scandium Canada Ltd. announce the return of Mr. Jeff Swinoga, CPA, CA, MBA, as director and has been named as Chairman of the Board, effective February 4, 2026. Mr. Swinoga previously served as Chairman from October 2021 to May 2025, a period during which the Company transitioned from Imperial Mining Group to Scandium Canada and advanced the Crater Lake project through its updated resource estimation and metallurgical testing phases. Mr. Swinoga is a highly respected mining executive with over 25 years of experience in capital markets, project advancement, development and mine construction, successfully guiding companies through all stages of their evolution, from exploration to commercial production. He notably served as Chief Financial Officer of Torex Gold Resources, where he led the $400 million financing for the El Limon-Guajes gold mine in Mexico, and as Chief Financial Officer of HudBay Minerals, contributing to its growth to a market capitalization exceeding $2 billion. Mr. Swinoga also spent seven years at Barrick Gold Corporation as a senior officer responsible for project financing. He currently serves on the boards of other Canadian public mining companies, President of Hive Advisory and serves on the board of PDAC. New Risk • Jan 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.4m free cash flow). Share price has been highly volatile over the past 3 months (26% average weekly change). Revenue is less than US$1m (CA$413k revenue, or US$305k). Minor Risks Shareholders have been diluted in the past year (18% increase in shares outstanding). Market cap is less than US$100m (CA$97.8m market cap, or US$72.1m). New Risk • Dec 09
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 33% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (33% increase in shares outstanding). Revenue is less than US$1m (CA$23k revenue, or US$17k). Minor Risk Market cap is less than US$100m (CA$50.7m market cap, or US$36.6m). Bekanntmachung • Sep 18
Scandium Canada Ltd. Announces Board and Committee Appointments Scandium Canada Ltd. announced the appointment of Mr. Jean Lafleur, P. Geo., to its Board of Directors. His arrival strengthens the company's strategic governance and supports its development ambitions in the critical minerals sector. Mr. Lafleur has also been named on the Audit Committee of the Company. With over 45 years of national and international experience in mineral exploration, Mr. Lafleur joins Scandium Canada's Board at a key moment in its development. A recognized professional geologist, he has held leadership positions in junior companies and contributed to successful programs in Quebec, Ontario, Mexico, and Africa. A technical and strategic consultant since the early 2000s, he has collaborated with major mining companies such as Newmont, Falconbridge, Dome Mines, and Placer Dome. He continues to hold senior management positions in leadership, notably as VP of Exploration at Tomagold Corporation, Co-Director at SELA Capital Management, and Founding Partner of Dolomite International Inc. Scandium Canada's Board of Directors also benefits from the experience and commitment of Robert Kitchen, who joined the Board following the last shareholders' meeting. Mr. Kitchen also serves as Chair of the Audit Committee. With a career dedicated to economic development and partnerships with First Nations, he brings to the Company a deep understanding of Indigenous issues and recognized expertise in negotiation and community engagement. Finally, Guy Bourassa, CEO of Scandium Canada, will assume the role of Chair of the Board of Directors. New Risk • Sep 14
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (42% average weekly change). Earnings have declined by 1.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m (CA$23k revenue, or US$17k). Market cap is less than US$10m (CA$12.5m market cap, or US$9.03m). Bekanntmachung • Sep 13
Scandium Canada Ltd. announced that it has received CAD 0.5645 million in funding On September 12, 2025, Scandium Canada Ltd. closed the transaction. In connection with the offering, finder’ fees totaling CAD 11,760 was be paid to an arm’s length finder. In addition, 350,000 brokers’ warrants entitling the holder thereof to acquire one common share for a period of 24 months from the closing at a price of CAD 0.05 were issued. The securities issued under the offering, including the common shares underlying the warrants and brokers warrants are subject to a hold period of four months and one day, under applicable Canadian securities laws and the concurrent TSX Venture Exchange hold period pursuant to the policies of the Exchange. The offering remains subject to the final approval of the Exchange. New Risk • Jul 18
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 30% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (39% average weekly change). Earnings have declined by 3.2% per year over the past 5 years. Shareholders have been substantially diluted in the past year (30% increase in shares outstanding). Revenue is less than US$1m (CA$23k revenue, or US$17k). Market cap is less than US$10m (CA$6.70m market cap, or US$4.88m). Bekanntmachung • Jul 16
Scandium Canada Ltd. announced that it has received CAD 0.334 million in funding On July 15, 2025, Scandium Canada Ltd. closed the transaction. The transaction includes participation from Taasipitaakin Trust. Each Unit consists of one common share of the Corporation and one Common Share purchase warrant . Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.05 per Common Share for a period of 24 months from the date of issuance thereof. No commission or other form of compensation was paid in
connection with the Offering. The securities issued under the Offering, including the Common Shares underlying the Warrants are subject to a hold period of four months and one day, under applicable Canadian securities laws and the concurrent TSX Venture Exchange (the “Exchange”) hold period pursuant to the policies of the Exchange. The Offering remains subject to the final approval of the Exchange. Board Change • Jun 25
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. 1 experienced director. No highly experienced directors. 1 independent director (2 non-independent directors). President, COO & Director Pierre Neatby is the most experienced director on the board, commencing their role in 2023. Independent Director Robert Kitchen was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Bekanntmachung • Jun 24
Scandium Canada Ltd. announced that it expects to receive CAD 0.334 million in funding Scandium Canada Ltd announced a e a non-brokered private placement to issue 16,700,000 units of the Corporation (the “Units”) at a price of CAD 0.02 per Unit for gross proceeds pf CAD 334,000 on June 23, 2025. Each Unit consists of one common share and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.05 per Common Share for a period of 24 months from the date of issuance thereof. The securities issued under the Offering, including the Common Shares underlying the Warrants will be subject to a hold period of four months and one day, under applicable Canadian securities laws and the concurrent TSX Venture Exchange (the “Exchange”) hold period pursuant to the policies of the Exchange. The Offering remains subject to the approval of the Exchange. Closing of the Offering is expected to occur on or about July 15, 2025. Bekanntmachung • Mar 06
Scandium Canada Ltd. announced that it expects to receive CAD 0.75 million in funding Scandium Canada Ltd. announced a non-brokered private placement that it will issue unsecured convertible debentures in the capital of the Corporation to investors for the gross proceeds of up to CAD 750,000 on March 5, 2025. Each Debentures will have a nominal value of CAD 10,000. The Debentures will bear interest at a rate of 10% calculated semi-annually and will be due 12-month from the closing date of the Offering. The interests on the Debentures will start to accrue on the Closing Date and will be calculated and payable semiannually in cash or in common shares in the capital of the Corporation at the sole option of the Debentures’ holders. The principal amount of the Debentures shall be convertible in Shares at a price of CAD 0.02 per Share, pursuant to the terms and conditions of the Debentures. The Offering and the payment of the interest in Shares, if any, remain subject to the final approval of the TSX Venture Exchange. Depending on market conditions, the Corporation may decide to upsize the gross proceeds of the Offering of 20%. Bekanntmachung • Mar 04
Scandium Canada Ltd., Annual General Meeting, May 08, 2025 Scandium Canada Ltd., Annual General Meeting, May 08, 2025. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 31% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (44% average weekly change). Earnings have declined by 6.5% per year over the past 5 years. Shareholders have been substantially diluted in the past year (31% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$4.24m market cap, or US$2.96m). Bekanntmachung • Dec 21
Scandium Canada Ltd. announced that it expects to receive CAD 0.75 million in funding Scandium Canada Ltd. announced a non-brokered private placement that it will issue 30,000,000 flow-through common shares in the capital of the Corporation at an issue price of CAD 0.025 per share for the gross proceeds of up to CAD 750,000 on December 20, 2024. The Corporation also announces its intention to close subsequent tranches of the Offering on or before December 31, 2024, for a maximum total gross proceeds of CAD 750,000 representing the issuance of up to 30,000,000 Flow-Through Shares.
On the same day, the company issued 24,800,000 flow-through common shares in the capital of the Corporation at an issue price of CAD 0.025 per share for the gross proceeds of up to CAD 620,000 in its first tranche. In connection with the first tranche of the Offering, finder’s fees totaling CAD 24,000 were paid to an arm length finder. Flow-Through Shares issued pursuant to this Offering are subject to a restricted hold period of four months and one day, ending on April 20, 2025, under applicable Canadian laws. The Offering remains subject to the final approval of the TSX Venture Exchange. Under the Offering, an insider of the Corporation purchased a total of 400,000 Flow-Through Shares for a total consideration of CAD 10,000. Bekanntmachung • Sep 26
Scandium Canada Ltd. Files Patent Application for Aluminium-Scandium Alloys for 3D Printing Scandium Canada Ltd. announced the filing with the United States Patent and Trademark Office of a provisional patent entitled Al aluminum alloy powders for additive manufacturing. Methods of producing the same and uses thereof. In addition to advancing its Crater Lake scandium and rare earth project, Scandium Canada has developed two aluminum scandium (Al-Sc) alloys and their powders, specifically for additive manufacturing (3D printing) applications, in collaboration with McMaster University, Ontario, Canada. This has resulted in a significant body of intellectual property developed over the last 3 years. Bekanntmachung • Sep 19
Scandium Canada Ltd. announced that it expects to receive CAD 1 million in funding Scandium Canada Ltd. announced a non-brokered private placement of a maximum of 25,000,000 units at a price of CAD 0.04 per unit for the gross proceeds of CAD 1,000,000 on September 18, 2024. Each unit consists of one common share of the corporation and one common share purchase warrant. Each Warrant entitles the holder thereof to purchase one common share at an exercise price of CAD 0.05 per common share for a period of 24 months from the date of issuance thereof. The common shares and the warrants issued pursuant to this offering will be subject to a restricted hold period of four months and one day, under applicable Canadian securities laws. The offering remains subject
to the approval of the Exchange. Bekanntmachung • Aug 07
Globex Mining Enterprises Inc. and Scandium Canada Ltd. Provides Update on Crater Lake Scandium Project Globex Mining Enterprises Inc. informed shareholders as regards work undertaken by Scandium Canada Ltd. on their adjoining property to Globex’s Crater Lake area property. Scandium Canada reported that they have completed two separate types of drill programs at their Crater Lake Scandium Project located 200 km ENE of Schefferville, Quebec (13M05). The drilling campaign had two objectives. The first objective, the drilling of 6 geo-mechanical holes totaling 1,669 m, was completed to determine the optimal angles of the slopes of a proposed open pit design for a pre-feasibility study. The second objective, 1,185 m in 7 drill holes, was to confirm the potential extension of the TG Zone for an additional 250 metre length. The company reported ‘mineralization is present in all holes.’ Globex announced that Scandium Canada Ltd. is moving forward with advancing this logistically remote project. The scandium orebody is located within the northwest portion of a circular magnetic structure, the northern half of which is owned by Scandium Canada Ltd. and the southern half by Globex. Numerous occurrences of scandium and rare earths are located on Globex’s property. Globex undertook a Terraquest Fixed-Wing, High Resolution Horizontal Aeromagnetic Gradient and Matrix-Plus VLF-EM Survey of its claims in order to better define the ore bearing structure on property. As neighbour advances their project, the intrinsic value and potential of Globex’s property is enhanced. Globex must now decide to either advance the property by itself or seek a qualified partner. Bekanntmachung • Jul 13
Scandium Canada Ltd. announced that it expects to receive CAD 0.107692 million in funding Scandium Canada Ltd. announced a non-brokered private placement with investors to issue 3,076,923 Units at a price of CAD 0.035 per unit for the gross proceeds of CAD 107,692.305 on July 12, 2024. Each Unit consists of one Common Share and one Common Share purchase warrant. Each Private Placement Warrant entitles the holder thereof to purchase one Common Share at an exercise price of CAD 0.05 per Common Share for a period of 24 months from the date of issuance thereof. The Common Shares and the Private Placement Warrants issued under this Private Placement will be subject to a restricted hold period of four months and one day following the closing of the Private Placement under applicable Canadian securities laws. The Private Placement remains subject to the final approval of the TSX Venture Exchange. Bekanntmachung • Jul 08
Scandium Canada Ltd. has completed a Composite Units Offering in the amount of CAD 1 million. Scandium Canada Ltd. has completed a Composite Units Offering in the amount of CAD 1 million.
Security Name: Units
Security Type: Equity/Derivative Unit
Securities Offered: 20,000,000
Price\Range: CAD 0.05
Transaction Features: Rights Offering Bekanntmachung • Jun 28
Scandium Canada Ltd. announced a financing transaction Scandium Canada Ltd. announced a non-brokered private placement to units at an issue price of CAD 0.05 per unit on June 27, 2024. Each Unit consists of one flow-through common share and one-half Common Share purchase warrant at an exercise price of CAD 0.10 per Common Share for a period of 24 months from the date of issuance thereof. On the same date, the company announced that it has issued 10,00,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of CAD 500,000 in first tranche. Each Unit consists of one flow-through common share and one-half Common Share purchase warrant at an exercise price of CAD 0.10 per Common Share for a period of 24 months from the date of issuance thereof. No finder's fees were paid in connection with the first tranche of this Offering. The Common Shares and the Warrants issued pursuant to this Offering are subject to a restricted hold period of four months and one day, ending on October 28, 2024, under applicable Canadian securities laws. The Offering remains subject to the final approval of the Exchange. New Risk • May 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 19% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.4m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$9.74m market cap, or US$7.12m). Minor Risk Shareholders have been diluted in the past year (15% increase in shares outstanding). New Risk • Apr 28
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$2.4m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$2.4m free cash flow). Earnings have declined by 12% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$11.9m market cap, or US$8.71m). Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (15% increase in shares outstanding). Bekanntmachung • Jan 11
Imperial Mining Group Ltd. Appoints Pierre Neatby as Chief Operating Officer Imperial Mining Group Ltd. announced that Pierre Neatby, the current President and CEO will remain President and take on the role of Chief Operating Officer. Bekanntmachung • Jan 10
Imperial Mining Group Ltd. Appoints Guy Bourassa as Chief Executive Officer Imperial Mining Group Ltd. announced that it has appointed Guy Bourassa to the position of Chief Executive Officer effective immediately. Pierre Neatby, the current President and CEO will remain President and take on the role of Chief Operating Officer. Mr. Bourassas appointment will add visionary leadership to Imperials management team as well as bring additional valuable critical metals experience to the Company as it focuses on developing its Crater Lake scandium project. Mr. Bourassa will focus on overall strategy, communication and financing for Imperial. Mr. Neatby will focus on market development, progressing the Pre-Feasibility Study and day-to-day operations of the Company. Mr. Guy Bourassa is an experienced Mining Executive with deep networks in Quebec and around the world. He was the Founder, Director and acted as President and CEO of Nemaska Lithium Inc. from January 2008 to February 2020. Over the past 30 years, he has held the roles of President, CEO and Director in numerous Qubec-based junior mining companies. He has a great depth of experience and knowledge of the critical metals space. Bekanntmachung • Dec 22
Imperial Mining Group Ltd. announced that it has received CAD 1.02 million in funding Imperial Mining Group Ltd. announced a non-brokered private placement of 10,200,000 flow-through shares at a price of CAD 0.10 per share for the gross proceeds of CAD 1,020,000 on December 21, 2023. As a part of the transaction, the company paid finders’ fees for a total of CAD 51,000 in cash to finders, which were all at arms’ length with the Company. All securities issued pursuant to the Offering are subject to the applicable statutory hold period of four (4) months and one (1) day from the closing date. The Offering is subject to the final approval of the TSX Venture Exchange. New Risk • Dec 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.5m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.5m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (CA$17.7m market cap, or US$13.0m). Bekanntmachung • Dec 09
Imperial Mining Group Ltd., Annual General Meeting, Feb 06, 2024 Imperial Mining Group Ltd., Annual General Meeting, Feb 06, 2024. Bekanntmachung • Nov 07
Imperial Mining Group Ltd. Promotes Luc Duchesne to Chief Science Officer Imperial Mining Group Ltd. announced that it has formally promoted Dr. Luc Duchesne to the position of Chief Science Officer. Since joining Imperial in September 2022, Dr. Duchesne has been instrumental in sourcing and managing government grants, such as the $500,000 grant announced on October 24, 2023, and others reported in the company's October 25, 2023 update. Following his promotion, Dr. Duchesne will notably take on the additional responsibility of managing the environmental permitting process in connection with the development of the Crater Lake Project. He will also be responsible for delivering an improved flowsheet for producing scandium oxide, working closely with Imperials consultant Yakum Consulting, and being involved in company strategy. Dr. Duchesne bridges the gap between science and business with more than 35 years of experience operating at senior levels in multiple sectors, including pharmaceutical, agriculture, manufacturing, energy, and mining. He has authored and co-authored 85 peer-reviewed scientific articles, literature reviews and books more than 300 non-peer-reviewed and investment articles and op-eds, including one fiction novel. He is passionate about sustainability and the impact of humankind on the environment. He earned a Ph.D. from the University of Guelph in 1988, an MSc from the University of Toronto in 1985 and a BSc in Forestry Sciences from Laval University in 1983. As a former senior scientist with Natural Resources Canada from 1991 to 2003, he received a 5NR Science Award to Leaders in Sustainable Development for advancing and communicating science for sustainable development. Board Change • Oct 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 2 experienced directors. No highly experienced directors. Independent Director Philippe Cloutier is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Bekanntmachung • Sep 15
Imperial Mining Group Ltd. Announces an Increase of 58% on Indicated Mineral Resource Estimate for Its Scandium-Rare Earth Zone on Its Crater Lake Project, Quebec, Canada Imperial Mining Group Ltd. announced that it has received the results of the updated NI 43-101 mineral resource estimate for the TG Scandium-Rare Earth Zone. The work was completed by InnovExplo Inc. of Val d’Or, Quebec. The effective date of the mineral resource estimate is August 3, 2023. Highlights: Imperial’s independent qualified persons report updated Indicated Resources of 11.8 million tonnes grading 275.9 g/t Sc2O3 and Inferred Resources of 15.9 million tonnes grading 268.4 g/t Sc2O3 for the Northern Lobe of the TG Scandium Zone; The updated Mineral Resource Estimate represents a 58% increase in total scandium tonnage for the Indicated Resources category and a 22% increase in total scandium tonnage for the Inferred Resources category; Determinations of magnet rare earth oxides (Nd, Pr, Dy, Tb) were made for both resource categories; Using a Net Smelter Return (NSR) cut-off value of CAD 110.11/t for potential open pit extraction method, the value of the mineralization was determined to range between CAD 414-426/t; Mineralization remains open laterally and at depth, demonstrating the potential to increase the mineral resource with additional drilling. DESCRIPTION OF THE TG ZONE: The mineral resource estimate underwent a revision, incorporating data from the most recent drilling program conducted in 2022. This program consisted of seven drillholes with a cumulative depth of 1,588 meters and was conducted within the Northern Lobe of the TG Scandium-Rare-Earth mineralized Zone. Notably, company's resource estimation efforts have been concentrated exclusively on the Northern Lobe of the TG Zone, which constitutes approximately half of the magnetic anomaly depicted in Figure 1. Although drilling activity in the Southern Lobe has been relatively limited, the available data from these operations has yielded intercepts that are consistent with those observed in the Northern Lobe. The TG Zone mineralization is characterized by the strong continuity of the iron-rich syenitic intrusive (Ferrosyenite) sill and dyke system and was drilled over a strike length of 300 m, to a vertical depth of 200 m. Intersection lengths through the zone varied between 10 m and 145 m, representing a true thickness of up to 100 m. There was an observed general increase in resource grade and true thickness to mineralization at depth below the pit-shell and towards the north. In addition, numerous Scandium-Rare-Earth resource opportunities remain to be drill-defined on the property and will be evaluated in future exploration programs. Bekanntmachung • Sep 10
Imperial Mining Group Ltd. Appoints Pierre Neatby to its Board of Directors Imperial Mining Group Ltd. announced that Pierre Neatby, the Corporation’s President and CEO, has been officially appointed to its Board of Directors. Imperial’s Board is now composed of six directors, namely Jeff Swinoga (Chairman), Alain Bureau, Nick Nikolakakis, Brooke DeLong, Philippe Cloutier and Pierre Neatby. New Risk • Jul 29
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 17% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Shareholders have been diluted in the past year (17% increase in shares outstanding). Market cap is less than US$100m (CA$16.5m market cap, or US$12.5m). Bekanntmachung • Jul 10
Imperial Mining Group Ltd. announced that it has received CAD 1.6 million in funding Imperial Mining Group Ltd. announced a non-brokered private placement consisting of 17,777,776 units at a price of CAD 0.09 per Unit for total gross proceeds of CAD 1,599,999.84 on July 8, 2023. Each Unit is comprised of one common share and one Share purchase warrant, with each whole warrant entitling the holder to acquire one additional Share of the Corporation at a price of CAD 0.14 over a period of 24 months from the closing date. In connection with this Offering, the Corporation paid to finders, which were all at arm’s length with the Corporation, finders’ fees for a total of CAD 42,012.18 in cash and issued 466,802 warrants, with each warrant entitling the holder to acquire one Share of the Corporation at a price of CAD 0.14 over a period of 24 months from the closing date. All securities issued pursuant to the Offering are subject to the applicable statutory hold period of four months and one day from the closing date. The Offering is subject to the final approval of the TSX Venture Exchange. The transaction included participation from two directors of the Corporation, namely Philippe Cloutier and Jeff Swinoga, each acquired, respectively, 100,000 and 111,111 Units in the Offering, Board Change • May 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 2 experienced directors. No highly experienced directors. Independent Director Philippe Cloutier is the most experienced director on the board, commencing their role in 2017. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • May 24
Imperial Mining Group Ltd. Announces Chief Financial Officer Changes Imperial Mining Group Ltd. announced that Isabelle Gauthier has been appointed as Chief Financial Officer also effective as of May 19, 2023. Imperials Board of Directors wishes to thank Mr. Patrick Musampa for his contributions to Imperials activities as Chief Financial Officer and wishes him well in his future endeavours. Isabelle Gauthier has over 20 years of accounting, transactional and reporting experience. She holds a B.A. in Administration from Universit du Qubec Montral (UQAM) and has been a member of the Ordre des Comptables professionnels agrs du Qubec since 1998. She held the position of Senior Manager within the firm Raymond Chabot Grant Thornton for which she worked as an Auditor from 1996 to 2006. She has developed an expertise in public companies, primarily in the mining sector. Through her involvement in various assignments, she acquired a solid experience in consolidation of foreign entities, reverse takeover, spin-out and financial reporting. Bekanntmachung • Feb 15
Imperial Mining Group Ltd. announced that it has received CAD 1 million in funding On February 13, 2023, Imperial Mining Group Ltd. closed the transaction. The company has issued 2,991,155 units at a price of CAD 0.09 per Unit for total gross proceeds of CAD 269,204 in its second and final tranche. In connection with this second and last tranche, no commission or finders’ fee was paid by the company. Bekanntmachung • Dec 30
Imperial Mining Group Ltd. announced that it has received CAD 0.3 million in funding Imperial Mining Group Ltd. announced a non-brokered private placement of 2,000,000 flow-through shares at a price of CAD 0.15 per share for gross proceeds of CAD 300,000 on December 29, 2022. The offering are subject to the applicable statutory hold period of four months and one day from the closing. The Offering is subject to the final approval of the TSX Venture Exchange. Bekanntmachung • Dec 16
Imperial Mining Intersects 378 G/T Sc2o3 over 24.68 M in A New High-Grade Zone at Crater Lake, Quebec Imperial Mining Group Ltd. announced that it has received the remaining results from the Crater Lake Summer 2022 drilling program on the TG scandium-rare earth mineralized zone. Assay results continue to return substantial intersection widths of scandium-bearing olivine rich ferrosyenite and a new, higher-grade scandium bearing pyroxene-rich ferrosyenite zone reported earlier. With all of the results in, Imperial plans to undertake an updated 43-101 Mineral Resource Estimate with the goal of converting all of the Inferred Mineral Resources into the Indicated or Measured Mineral Resources category. All analytical results for the last three holes of the summer drilling program representing a total of 738.0 m have been received (Tables 1 and 2, Figure 1). All drillholes have intersected the target scandium bearing ferrosyenite host rock. The recent drilling indicates that the southern portion of the TG scandium Zone is composed of two different Sc bearing ferrosyenites and hosts a higher proportion of the higher-grade pyroxene-rich ferrosyenite. This new pyroxene-rich ferrosyenite mineralization is open to the southwest and at depth. Individual drill assay grades of up to 602 g/t Sc2O3 were returned from this new system. The mineralization of both Sc-bearing ferrosyenite zones is open at depth below the 200 m vertical level and along strike and appears to show great potential for additional scandium mineralization between Sections Lines 0N and 350N, particularly closer to surface. Strict QA/QC protocols have been implemented for the Crater Lake Project, including the insertion of certified reference materials (standards), duplicates and blanks at regular intervals throughout the sequence of samples. A total of 646 drillcore samples, including 45 QA-QC samples, were sent to Activation Laboratories Ltd. All sample preparation and analytical work was carried out at their facilities in North Bay and Ancaster, Ontario. Several analytical techniques were used to characterize the samples, which are combined at Actlabs into the analytical package “8-REE”. This package includes whole-rock and trace element analytic techniques. Whole Rock analyses are done via a lithium metaborate/tetraborate fusion inductively coupled plasma (ICP) finish. Trace elements are also analyzed by fusion ICP/MS. Bekanntmachung • Nov 18
Imperial Mining Group Ltd. Receives Additional Assays from the Crater Lake Summer Drilling Program on the TG Scandium-Rare Earth Mineralized Zone Imperial Mining Group Ltd. announce that it has received additional assays from the Crater Lake summer drilling program on the TG scandium-rare earth mineralized zone. Assay results have confirmed the substantial intersection widths of scandium-bearing olivine ferrosyenite reported earlier. The drilling program was completed in early September. Once all results have been received from the Lab and compilation of the data completed, Imperial plans to undertake an updated 43-101 Resource Estimate for the Zone. The new data plans to convert the Inferred Category Resources reported late last year into Indicated/Measured Resources. To date, assays for three additional holes for 648.0 m have been received. All drillholes have intersected the target mafic intrusive host rock. The drilling indicates that the TG scandium Zone is doubly dipping between 830 west to 700 east, with a north-northeast strike direction. The widths of the mineralized zone vary between 55 and 135 m (180-443’) in true thickness. Mineralization is open at depth below the 200 m vertical level and along strike and appears as a thickening, conical-shaped body in cross-section. A total of 500 drillcore samples, including 35 QA-QC samples, were sent to Activation Laboratories Ltd. All sample preparation and analytical work will be carried out at their facilities in Ancaster, Ontario. Several analytical techniques were used to characterize the samples, which are combined at Actlabs into the analytical package “8-REE”. This package includes whole-rock and trace element analytic techniques. Whole Rock analyses are done via a lithium metaborate/tetraborate fusion inductively coupled plasma (ICP) finish. Trace elements are also analyzed by fusion ICP/MS. Bekanntmachung • Oct 21
Imperial Mining Group Ltd Announces Early Crater Lake Drill Results Imperial Mining Group Ltd. announce that it has completed its Summer 2022 exploration and definition diamond drill program on the Ta-Nb Target and the TG Zone. Early results are encouraging and give inference to grade and tonnage increases to the TG North Lobe Deposit resource. The TG scandium mineralized Zone (the “Zone”) continues to return substantial intersection widths of scandium-bearing Olivine and Pyroxene Ferrosyenite. The drilling program was performed from July 8th to September 8th, with a total of 8 drillholes having tested the different targets. Partial analytical results were received but due to longer turnaround processing by their laboratory service, several analyses have yet to be received. All core samples from boreholes CLE22001 and from CL22056 to CL22062 have been sent out for analyses. Results for the remaining drillholes are anticipated to be delivered within eight to ten weeks of receipt at the lab. A total of 8 drillholes for 1,663.0 m have been completed. All drillholes at the TG Zone have intersected the target mafic intrusive host rock (Ferrosyenite), host to all scandium-rare earth mineralization on the property. The drilling indicates that the TG scandium Zone is doubly dipping between 830 west to 700 east, with a north-northeast strike direction. The widths of the mineralized intersections observed from the program vary between 78 and 105 m in true thickness. Mineralization remains open at depth below the 250 m vertical level and along strike and appears as a thickening, conical-shaped body in cross-section. The program completed seven diamond drill holes totaling 1,588.0 m. The intent of the program was to complete sufficient infilling drillholes to undertake a review of the 43-101 Preliminary Resource Estimate of the TG Zone and to convert most of all Inferred Mineral Resources into the Indicated Mineral Resources category. To date, assays have been received for borehole CL22057, which returned 79.7 m (261.5 feet) grading 311 g/t scandium oxide (Sc2O3) and 0.326% Total Rare Earths and Yttrium (TREO+Y). This hole was drilled as a deep cut on Section 650N and intersected a cumulative thickness of 83.7 m of Sc-bearing Olivine-rich Ferrosyenite (OLFESYN) commencing at 55.5 m in the hole. Of particular interest was the appearance of higher frequency of higher-grade PXFESYN (Pyroxene-rich Ferrosyenite) in the deeper intersections into the TG Zone. CLE22001 – The hole was drilled vertically (-900) to the north of the scandium target area and intersected a few 10 to 30 cm thick felsic dikes cross-cutting the Mistastin Rapakivi Granite. Alteration zones of up to 10 and 20 cm thick are encountered within the vicinity of the dikes. These dikes are mostly observed at the top of the hole. Bekanntmachung • Jul 13
Imperial Mining Group Ltd. Increases Scandium and Rare Earth Recoveries on Its Crater Lake Development Project, Quebec Imperial Mining Group Ltd. announced that early results from the previously- announce process flowsheet optimization work show significantly improved scandium and rare earth recoveries relative to previous reported results. In addition, exploration crews have now mobilized to the Crater Lake property to commence planned summer work. Imperial is currently undertaking a hydrometallurgical flowsheet optimization development program. The optimization work is based on its patent-pending (US Patent and Trademark Office provisional application two-stage hydrometallurgical method for the extraction of scandium and rare earth elements with SGS Canada. The flowsheet development program is focused on the following key objectives: Further optimization of the mineral processing flowsheet by rejecting olivine, a non- scandium/REE-bearing mineral. Bulk processing of olivine-depleted Sc/REE mineral concentrate through the patent-pending high-pressure hydrometallurgical process to generate sufficient primary leach solution (PLS), to optimize the scandium /REE recovery circuits of the flowsheet. To-date, the optimization work to date has shown an 11% improvement in scandium recovery (96% vs 85%) at the leaching stage relative to the initial lab results. Recovery of the rare earths also increased 10% from 84% to 94%. The greatly improved metal. In addition to the improved scandium and rare earth footprint of the metallurgical process. The optimization study that commenced on January 31 st is expected to be completed by the end of Third Quarter 2022. Results from the work will be used for a formal US Patent application and aid in the engineering design of Imperial's pilot program for the Crater Lake project to commence in 2023. Imperial Mining work will be geared towards work required to move the Crater Lake scandium-rare earth project towards Definitive Feasibility Study activities. For this to be accomplished, a 2,500m in-fill diamond drill program will be required for the current resource at the TG Zone Northern Lobe. The objective of this work is to convert all previously-defined inferred resources (to indicated and measured mineral resource category. As well, the company intends to drill test extensions of scandium mineralized intersections returned in 2019 at the Southern Lobe of the TG Zone mineralized horizon. This Zone shows excellent potential to increase the known tonnage and grade of the scandium and rare-earths mineralization relative to the Northern Lobe, which are interpreted to constitute a continuous, 800-m long mineralized system. In addition, detailed assessment of historical high-grade rare earth-niobium-tantalum occurrences, north and northwest of the Crater Lake Complex, known as the Crater Lake Extension property area, was undertaken during the winter and previous summer programs. In this area, 2010 grab sampling results of up to 9.28% niobium oxide (Nb2O5), 13.4% zirconium (Zr), 2.4% total rare earths oxides plus yttrium (TREO+Y) and 3,020 ppm tantalum (Ta) were returned requiring further investigation. The area coincides with extensive TREO+Y-Nb-Ta till geochemical and radiometric anomalies over the areas of the occurrences. Plans are for drilling a short, vertical diamond drillhole into the core of the occurrence area to test the vertical extent of the sub-horizontal mineralized system. The drilling is expected to commence soon. Results from the drill core sampling program will be reported throughout the current summer and fall period. Bekanntmachung • Jul 06
Imperial Mining Group Ltd. Appoints Brooke Delong to Its Board of Directors Imperial Mining Group Ltd. ("Imperial") announced that Ms. Brooke DeLong has been appointed to Imperial’s Board of Directors. Ms. DeLong is a dynamic Canadian communication and change management leader with more than 20 years of corporate and operations experience within the mining industry. She is a bridge-builder who believes in values-driven leadership. Ms. DeLong brings to the company significant experience as a trusted advisor on communications, change management and global governance matters through her current role as Director, Change Management & Internal Communications at Centerra Gold Inc. and previously, as Manager, Communications at Vale, where she also led the change management and governance practices for the company’s Base Metals business. Fluently bilingual (English and French), Ms. DeLong holds a Bachelor of Arts (Hons) from the University of New Brunswick (UNB) and a Bachelor of Public Relations from Mount St. Vincent University. She is an Accredited Business Communicator through the International Association of Business Communicators and earned Prosci methodology Change Management Certification. Connection to community has been a constant for Ms. DeLong. A member of UNB’s Board of Governors since 2017 and Chair of its Finance & Properties Committee, she is also a past President of the UNB Associated Alumni. She is an alumna of the Governor General's Canadian Leadership Conference and in 2011, was recognized by Northern Ontario Business as one of its Top 40 Under Forty leaders. Bekanntmachung • May 04
Imperial Mining Group Ltd. Nominates Alain Bureau, P.Eng., to the Board of Directors Imperial Mining Group Ltd. announced that it has nominated Mr. Alain Bureau, P.Eng., to the Board of Directors. Mr. Alain Bureau is a Canadian professional engineer with over 20 years of experience in the mining and construction sector, having worked in 11 countries across the Americas. Bekanntmachung • Feb 09
Imperial Mining Awarded $245,355 from the Quebec Government to Optimize Its Crater Lake Scandium Recovery Process Imperial Mining Group Ltd. ("Imperial") announced that it has been awarded a $245,355 grant from the Quebec Ministry of Energy and Natural Resources to undertake optimization work on its patent-pending (US Patent and Trademark Office provisional application #63/265,176) metallurgical process for Crater Lake scandium-rare earth mineralization. The grant is related to a four-year, $4.25-million financial support program announced by the Quebec Ministry of Energy and Natural Resources in September 2021. The program is intended to support companies in the field of mining exploration for the identification, exploration and development of high-potential critical and strategic mineral (CSM) projects in Quebec. Titled the Mining Exploration Support Program for Critical and Strategic Minerals, 2021-2024, the program provides financial assistance to mining exploration companies to advance the development of their CSM deposits in the Province. The objectives of the Program are: To stimulate exploration activity for CSMs; Advance quality CSMs projects towards more advanced stages of the mineral development process; Assess the quality of potential minerals through optimized geometallurgy and geoenvironment work; Invest in geometallurgical and geoenvironmental technological development work to develop CSMs. Bekanntmachung • Feb 02
Imperial Mining Group Ltd., Annual General Meeting, Mar 22, 2022 Imperial Mining Group Ltd., Annual General Meeting, Mar 22, 2022. Bekanntmachung • Dec 08
Imperial Mining Group Ltd. Crater Lake Drilling Intersects New Zone: Returns 115.8 M of Scandium-Rare Earth Mineralization Imperial Mining Group Ltd. announced that it has received significant scandium and rare earth assays from Crater Lake summer drilling over the new STG Zone, 2.0 km south of the TG North Lobe Resource. Assay results were returned from the known host scandium-bearing olivine ferrosyenite. A total of 23 channel samples representing a cumulative length of 23.4 m as well as assays from a two-hole, 345 m drill program were received from the assay lab. STG ZONE DRILLING: A two-hole drilling program for 345.1 m was undertaken to undercut positive channel sampling and geophysical results over the new zone. The drilling was completed on October 18, 2021. SECTION 300S DRILLING: CL21054 - This hole intersected a cumulative 137.5 m (451’) of variably Sc-mineralized olivine ferrosyenite (OLFESYN) commencing at 41.0 m in the hole. The hole undercut a previous channel sample assay of 283g/t Sc2O3 and 0.361% TREO+Y/over 7.0 m. SECTION 150S DRILLING: CL21055 - The hole was planned as an undercut and to be adjacent to the area of where a 18 tonne bulk sample was collected during the summer program as well as surface channel sampling results that returned 264 g/t Sc2O3 over 7.85 m. The hole intersected non-mineralized felsic syenite. A reduction of the magnetic intensity over the drill area and the observed drillhole geology is interpreted to have resulted in the OLFESYN at surface having been dyked-out by the younger unmineralized intrusion. More drilling is planned to better understand the geology in this area. Strict QA/QC protocols have been implemented for the Crater Lake Project, including the insertion of certified reference materials (standards), duplicates and blanks at regular intervals throughout the sequence of samples. A total of 237 core samples and 23 channel samples, including 19 QA-QC samples, were sent to an analytical laboratory. All sample preparation and analytical work was carried out by Actlabs at their facilities in Ancaster, Ontario. Several analytical techniques were used to characterize the samples, which are combined at Actlabs into the analytical package “8-REE”. This package includes whole-rock and trace element analytic techniques. Whole Rock analyses are done via a lithium metaborate/tetraborate fusion inductively coupled plasma (ICP) finish. Trace elements are also analyzed by fusion ICP/MS. Board Change • Oct 14
High number of new directors Chairman of the Board Jeff Swinoga was the last director to join the board, commencing their role in 2021. Bekanntmachung • Sep 24
Imperial Mining Group Ltd. Receives Highly Encouraging Ni 43-101 Resource Estimate for the TG Scandium-Rare-Earth Zone Imperial Mining Group Ltd. ("Imperial") announced that it has received the results of the inaugural 43-101 Mineral Resource Estimate for the TG Scandium-Rare-Earth Zone. The work was completed by InnovExplo Inc. of Val d’Or, Quebec. The effective date of the Mineral Resource Estimate is September 17, 2021. The full report will be released and filed within the next 45 days. The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo. (Resource Geologist, InnovExplo), Paul Daigle, P.Geo. (Associate Resource Geologist, InnovExplo) and Carl Pelletier, P.Geo. (Resource Geologist, InnovExplo). The effective date of the estimate is September 17, 2021. These mineral resources are not mineral reserves, as they do not have demonstrated economic viability. Mineral Resources are classified in accordance with the CIM (2014) Standards and Definitions of Mineral Resources. The results are presented in-situ and undiluted and considered to have reasonable prospects of economic viability. The estimate encompasses three mineralized zones using the grade of the adjacent material when assayed or a value of zero when not assayed. High-grade capping supported by statistical analysis was done on raw assay data before compositing and established for La2O3 (3690 g/t), Pr2O3 (1380 g/t), Nd2O3 (2100 g/t), Dy2O3 (215 g/t). No capping was applied to Sc2O3 and Tb4O7. The resource estimate was completed using GEOVIA Surpac 2021 using a sub-block model at a parent block matrix of 5m x 5m x 5m (minimum block size of 1.25m x 1.25m x1.25m). Grade interpolation was obtained by inverse distance squared using hard boundaries. Bulk density values applied are 3.13 and 2.91 for the olivine ferrosyenite and pyroxene ferrosyenite, respectively; the principal hosts for the mineral resources. The mineral resource estimate is classified as indicated and inferred. The Indicated mineral resource category is defined with a minimum of three (3) drill holes within the areas where the drill spacing is less than 60 m and shows reasonable geological and grade continuity. The Inferred category is defined with a minimum of two (2) drill holes within the areas where the drill spacing is less than 120 m and shows reasonable geological and grade continuity. Clipping boundaries were used for classification based on those criteria. The mineral resource estimate is pit-constrained with a bedrock slope angle of 45° and an overburden slope angle of 30°. It is reported at a Net Smelter Return (NSR) cut-off of CAD 110.8/t. The NSR cut-off was calculated using the following parameters: processing cost = CAD 14.89/t; transportation cost (concentrate transportation from mine site to processing plant): CAD 17.01/t of ore milled; G&A = CAD 7.19/t; refining and selling costs = CAD 88.71/t; Sc2O3 price = $1,500.00/kg; La2O3 price = $0.6/kg; Pr2O3 price = $29/kg; Nd2O3 price = $29/kg; Tb4O7 price = $386/kg; Dy2O3 price = $124/kg; USD:CAD exchange rate = 1.25; Scandium recovery to high grade scandium oxide product = 76.0%; Rare earth elements recovery to mixed REE carbonate = 63.0%. The cut-off grades should be re-evaluated considering future prevailing market conditions (metal prices, exchange rates, mining costs etc.). The number of metric tonnes was rounded to the nearest thousand, following the recommendations in NI 43-101 and any discrepancies in the totals are due to rounding effects. The authors are not aware of any known environmental, permitting, legal, title-related, taxation, socio-political, or marketing issues, or any other relevant issue not reported in the Technical Report, that could materially affect the Mineral Resource Estimate. The resources estimation was undertaken using the diamond drillhole data completed over the Northern Lobe of the TG Scandium-Rare-Earth mineralized Zone. Mineralization is related to an iron-rich syenitic intrusive (Ferrosyenite) sill and dyke system and was drilled over a strike length of 300 m, to a vertical depth of 200 m. Intersection lengths through the zone varied between 10.7 m and 111.9 m, representing a true thickness of up to 100 m. There was an observed general increase in resource grade and true thickness to mineralization at depth below the pit-shell and towards the north. The definition drilling was completed over the northern half (Northern Lobe) of the magnetic target that defines the TG Zone. Drilling on a single section (100N) on the south half of the TG target (Southern Lobe) returned 113.9 m grading 310 g/t Sc2O3 at a vertical depth of 90 m and is open to resource expansion in all directions. In addition, numerous Scandium-Rare-Earth resource opportunities remain to be drill-defined on the property and will be evaluated in future exploration programs. Bekanntmachung • Sep 15
Imperial Mining Group Ltd. announced that it expects to receive CAD 1.5 million in funding from Belgravia Hartford Capital Inc. Imperial Mining Group Ltd. announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.15 per share for gross proceeds of CAD 1,500,000 on September 13, 2021. Each unit is comprised of one common share and one share purchase warrant, with each warrant entitling the holder to acquire one share of the company at a price of CAD 0.20 over a period of 24 months from the closing date. All securities issued are subject to the statutory hold period of four months and one day. The transaction is subject to the final approval of the TSX Venture Exchange.
On the same date, the company received CAD 819,000 for 5,460,000 units at a price of CAD 0.15 per share in its first tranche. The transaction included participation from Belgravia Hartford Capital Inc. for 1,000,000 units at a price of CAD 0.15 per share for gross proceeds of CAD 150,000. As a part of the transaction, Belgravia Hartford Capital Inc. has raised its shareholding from 10.87% to 11.15%. The company paid finder’s fee totaling CAD 11,550 in cash and issued 77,000 warrants, with each warrant entitling the holder to acquire one share of the company at a price of CAD 0.20 over a period of 24-months from the closing date. Bekanntmachung • Jun 24
Imperial Mining Receives Final Crater Lake Drill Results Imperial Mining Group Ltd. announce that it has received the final batch of assays from the winter definition drill program on the Crater Lake TG scandium mineralized Zone (the “Zone”). Assay results continue to return substantial intersection widths of scandium- and rare earth-bearing olivine ferrosyenite reported earlier. A delay on delivery of the final results from the laboratory will push the date of the completion of the resource estimation into July but remains within anticipated delivery expectations. In total, 14 drillholes for 2,084.8 m have been completed. All drillholes intersected the target mafic intrusive host rock which show a high degree of grade homogeneity. The drilling indicates that the TG scandium zone is doubly dipping between 830 west to 700 east, with a north-northeast strike direction. The widths of the mineralized zone vary between 55 and 135 m (180-443’) in true thickness. Mineralization is open at depth below the 200 m vertical level and along strike and appears as a thickening, conical-shaped body in cross-section. Bekanntmachung • Jun 10
Imperial Mining Develops High-Recovery Extraction Process for Scandium and Rare Earth Elements for Crater Lake Mineralization Imperial Mining Group Ltd. announced that it has developed an innovative process for extraction of scandium (Sc) and rare earth elements (REE) from its Crater Lake scandium mineralization as part of its current Phase 3 Hydrometallurgical Development Program. Results from this work show very high recovery of both scandium and rare earths for all mineralization types defined in diamond drilling on the property. The two-stage hydrometallurgical extraction method entails a high-pressure caustic leach (HPC) followed by hydrochloric acid leach of the HPC residue. The new method showed remarkable recovery of scandium and the rare earth elements from Imperial’s Crater Lake Sc-REE mineralization (seeImperial Mining press release dated March 2, 2020, for details of the MET samples herein mentioned): The method showed scandium recovery to primary leach solution (PLS) of 87% for MET01, and 84% for MET02 samples. The recovery of total rare earth element, including yttrium (TREE+Y) of 84%, from both MET01 and MET02 samples. The high recoveries of Sc and TREE+Y from both samples show that the method has excellent efficacy in extracting Sc and REE from samples representing different mineralization types observed in drilling. Imperial Mining is currently working to further optimize the process parameters with its hydrometallurgical development partners, MPlan-Dorfner ANZAPLAN GmbH, and is planning to apply for a patent for the new process. Imperial Mining Group and MPlan-Dorfner ANZAPLAN continue to develop its hydrometallurgical flowsheet by treating a 100 kg mineral concentrate that was produced from two bulk samples collected from drillcore: MET01 and MET02. The program will recover scandium as scandium oxide (Sc2O3), and TREE+Y as a bulk concentrate. The Phase 3 hydrometallurgical flowsheet development program will be completed in the third quarter of 2021. Bekanntmachung • May 28
Imperial Mining Group Ltd. Announces it Continues to Receive Strong Scandium and Rare Earth Assays from Crater Lake Drilling Imperial Mining Group Ltd. announced that it continues to receive strong scandium and rare earth assays from Crater Lake drilling the TG scandium mineralized Zone (the “Zone”). Assay results continue to return substantial intersection widths of scandium-bearing olivine ferrosyenite reported earlier. The drilling program was completed on May 9th, with a total of 14 drillholes having tested the Zone. Sufficient drill data has now been collected to undertake a 43-101 preliminary Resource Estimate of the TG zone for delivery in June. To date, 14 drillholes for 2,084.8 m have been completed (Table 2, Figures 1, 2 and 3). All drillholes have intersected the target mafic intrusive host rock. The drilling indicates that the TG scandium zone is doubly dipping between 830 west to 700 east, with a north-northeast strike direction. The widths of the mineralized zone vary between 55 and 135 m (180-443’) in true thickness. Mineralization is open at depth below the 200 m vertical level and along strike and appears as a thickening, conical-shaped body in cross-section. Strict QA/QC protocols have been implemented for the Crater Lake Project, including the insertion of certified reference materials (standards), duplicates and blanks at regular intervals throughout the sequence of samples. A total of 611 samples, including 36 QA-QC samples, were sent to an analytical laboratory. All sample preparation and analytical work was carried out by Actlabs at their facilities in Ancaster, Ontario. Several analytical techniques were used to characterize the samples, which are combined at Actlabs into the analytical package “8-REE”. This package includes whole-rock and trace element analytic techniques. Whole Rock analyses are done via a lithium metaborate/tetraborate fusion inductively coupled plasma (ICP) finish. Trace elements are also analyzed by fusion ICP/MS. Bekanntmachung • Apr 29
Imperial Mining Group Ltd. Receives Assays from the First Four Holes for the Crater Lake Definition Drilling Program on the TG Scandium Mineralized Zone Imperial Mining Group Ltd. announced that it has received assays from the first four holes for the Crater Lake definition drilling program on the TG scandium mineralized zone. Assay results have confirmed the substantial intersection widths of scandium-bearing olivine ferrosyenite reported earlier. The drilling is currently completing the 11th hole of the program which continues towards collecting sufficient drill data to undertake a 43-101 preliminary Resource Estimate of the Zone by this June. CURRENT DRILLING - To date, 10 drillholes for 1,403.7 m have been completed. All drillholes have intersected the target mafic intrusive host rock. The drilling indicates that the TG scandium Zone is doubly dipping between 830 west to 700 east, with a north-northeast strike direction. The widths of the mineralized zone vary between 55 and 135 m (180-443') in true thickness. Mineralization is open at depth below the 200 m vertical level and along strike and appears as a thickening, conical-shaped body in cross-section. Strict QA/QC protocols have been implemented for the Crater Lake Project, including the insertion of certified reference materials (standards), duplicates and blanks at regular intervals throughout the sequence
of samples. A total of 364 samples, including 23 QA-QC samples, were sent to an analytical laboratory. All sample preparation and analytical work was carried out by Actlabs at their facilities in Ancaster, Ontario. Several analytical techniques were used to characterize the samples, which are combined at Actlabs into the analytical package "8-REE". This package includes whole-rock and trace element analytic techniques. Whole Rock analyses are done via a lithium metaborate/tetraborate fusion inductively coupled plasma (ICP) finish. Trace elements are also analyzed by fusion ICP/MS. Bekanntmachung • Mar 20
Imperial Mining Group Ltd. Receives $90,000 Federal Grant for Scandium Material Research with McMaster University Imperial Mining Group Ltd. announced that it has been awarded a Natural Sciences and Engineering Research Council of Canada (NSERC) Alliance Grant for a three-year, $90,000 research program to investigate scandium-aluminum alloy characterization for use in additive manufacturing (AM), also known as 3-D metal printing, applications. The grant was jointly awarded to Imperial in partnership with the W. Booth School of Engineering Practice and Technology at McMaster University, Hamilton, Ontario. The program’s objectives are to develop and collect material engineering data for next-generation scandium-enhanced aluminum alloys. The focus of the research program will be on the alloy’s applicability to AM of metal parts for the aerospace, defense and automotive sectors. The current program will aid Imperial’s efforts to enhance its scandium market penetration for high-value componentry that uses scandium-aluminum alloys. Imperial believes that the Crater Lake deposit has the potential to accelerate the uptake of this new material for both subtractive and additive manufacturing processes. To further its objectives, Imperial plans to focus on creating new, high-value product applications to build market pull from a variety of consuming sources as it moves towards full production. Bekanntmachung • Mar 12
SOQUEM inc. has signed a Letter of Intent to acquired CarheilBrouillan copper-zinc-silver property from Imperial Mining Group Ltd. (TSXV:IPG) for CAD 0.45 million. SOQUEM inc. has signed a Letter of Intent to acquired CarheilBrouillan copper-zinc-silver property from Imperial Mining Group Ltd. (TSXV:IPG) for CAD 0.45 million on March 10, 2021. In exchange, Imperial will reacquire the remaining interest it does not currently possess in the La Roncière gold property. Under the terms of the LOI, Imperial Mining will sell its 100% undivided interest in the Carheil-Brouillan copper-zinc-silver property in Quebec to SOQUEM in exchange for a cash payment of $450,000. Imperial will retain a 2% Net Smelter Royalty on the property, which can be acquired by SOQUEM for an additional cash payment of $2.0 million. In addition, SOQUEM will transfer its 50% Joint Venture interest in the La Roncière gold property, giving Imperial a 100% interest, in exchange for a one and one quarter per cent (1.25%) NSR, which can be acquired by Imperial for $1.25 million in cash at any future date. Is New 90 Day High Low • Jan 26
New 90-day high: CA$0.23 The company is up 150% from its price of CA$0.09 on 27 October 2020. The Canadian market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 3.0% over the same period. Bekanntmachung • Jan 24
Imperial Mining Group Ltd. announced that it has received CAD 0.5 million in funding Imperial Mining Group Ltd. (TSXV:IPG) announced a non-brokered private placement of 3,333,333 units at a price of CAD 0.15 per unit for gross proceeds of CAD 500,000 on January 22, 2021. The transaction included participation from high-net worth international investors. Each unit is comprised of one common share and one and half share purchase warrant, with each whole warrant entitling the holder to acquire one share of the company at a price of CAD 0.25 per warrant for period of 24 months from the closing date. All securities issued are subject to the applicable statutory hold period of four months and one day from the closing. The company paid no commission or finders’ fee in connection with this transaction. Bekanntmachung • Jan 14
Imperial Mining Group Ltd., Annual General Meeting, Mar 03, 2021 Imperial Mining Group Ltd., Annual General Meeting, Mar 03, 2021. Bekanntmachung • Dec 24
Imperial Mining Group Ltd. announced that it has received CAD 2.579604 million in funding Imperial Mining Group Ltd. (TSXV:IPG) announced a non-brokered private placement of 19,623,672 flow-through shares at a price of CAD 0.11 per share for gross proceeds of CAD 2,158,603.92 and 5,262,500 units at a price of CAD 0.08 per unit for gross proceeds of CAD 421,000 for aggregate gross proceeds of CAD 2,579,603.92 on December 23, 2020. Each unit is comprised of one common share and half share purchase warrant, with each warrant entitling the holder to acquire one share of the company at a price of CAD 0.12 over a period of 24 months from the closing date. The round was oversubscribed. All securities issued are subject to the statutory hold period of four months and one day. The transaction is subject to the final approval of the TSX Venture Exchange. The company paid finder’s fee of CAD 95,898.28 in cash and issued 890,073 warrants, with each warrant entitling the holder to acquire one share of the company at a price of CAD 0.12 over a period of 24-months from the closing date. Bekanntmachung • Nov 06
Crater Lake Summer Drilling Results Confirm Strong Scandium Resource Potential of the TG Mineralized Zone Imperial Mining Group Ltd. announced that significant scandium (Sc) and rare earth (REE) assays have been received from its surface exploration and diamond drilling summer program completed at the Crater Lake Scandium project, northeastern Québec. The work confirmed the important economic potential of the previously defined TG Zone and has identified two, new high-potential Scandium-rare earth targets at STG. A program of magnetic geophysical surveys, surface geological mapping and prospecting was undertaken over previously little-explored areas on the property. The work was followed up by a small test diamond drilling program to evaluate the Sc-REE potential of these new targets as well as to undertake step-out drilling of the known TG Zone. In total, four drillholes totaling 676 m were completed. A four-hole, 676 m diamond drilling program was undertaken between August 14th and August 31st, 2020. This drilling tested the scandium potential of high-intensity magnetic anomalies at the STG, TGZ and Northern Target areas. The contractor for this work was Avataa Rouillier Drilling Inc. of Amos, Quebec. HoleCL20036: tested a strong magnetic anomaly parallel and west of the STG target (previously returned surface channel grades up to 7.04 m grading 289 ppm Sc2O3 and 0.364% REE). The drillhole intersected a 90-m core interval of amphibole-rich ferrosyenite that explained the magnetic anomaly but did not contain any significant Sc or REE mineralization. HoleCL20037: was drilled on Section 450N to test the lateral continuity of the TG mineralized zone and intersected two, broad olivine ferrosyenite sections of approximately 65m and 40m in core length. The total mineralized package was observed to have a true width of 110 m. The mineralized intervals show excellent lateral and vertical continuity of the favourable TG Zone target horizon. HoleCL20038: was drilled on Section 100N approximately 90m east and behind the previously drilled borehole CL19034 to test a parallel ferrosyenite unit intersected parallel and east of the main TG mineralized zone. The hole intersected multiple, narrow scandium-bearing ferrosyenite intervals grading up to 244 g/t Sc2O3 and 0.71% TREO+Y over 2.6 m and 192 g/t Sc2O3 and 0.50% TREO+Y over 3.6 m. HoleCL20039: was drilled to test one of multiple magnetic anomalies over the Northern Target. The hole tested a 350m long by 100m wide highly magnetic feature. Coarse grained syenite with small concentrations of pyroxene and amphibole were the cause of the anomalous geophysics. No significant scandium or REE assays were returned from this hole. Imperial’s exploration team successfully tested the remaining targets identified from previous work on the property and developed a better understanding of the controls on the concentration and distribution of scandium mineralization on the property. Bekanntmachung • Jul 24
Imperial Mining Group Ltd. announced that it has received CAD 1.391285 million in funding from SKTM Financial Corporation Inc On July 23, 2020, Imperial Mining Group Ltd. (TSXV:IPG) closed the transaction. The company has raised CAD 232,050 in shares and CAD 1,159,235 in units, aggregating CAD 1,391,285 in the transaction. The company has issued 1,515,000 flow-through shares for proceeds of CAD 106,050 and 15,414,998 units for proceeds of CAD 847,824.89, aggregate gross proceeds of CAD 953,874.89 in its second and final tranche. The transaction included participation from SKTM Financial Corporation Inc for 515,000 shares, Steven Brunelle, director, for 181,818 units. The company paid finders’ fees of CAD 9047.50 in cash and issued 129,400 share purchase warrants. The transaction was undersubscribed. 
