Scandium International Mining Corp 8-K, filed Jan 24, 2020
Scandium International Mining Corp. (SCYYF)
8-K
2020-01-24
For: 2020-01-24
View Original
Added on
April 06, 2026
About this 8-K
Scandium International Mining Corp filed this 8-K on January 24, 2020.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of
Report (Date of earliest event reported): January 24, 2020
SCANDIUM INTERNATIONAL MINING CORP.
(Exact
name of registrant as specified in its charter)
000-54416
(Commission
File Number)
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British
Columbia, Canada
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98-1009717
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(State
or other jurisdiction of incorporation or
organization)
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(IRS
Employer Identification
No.)
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1430 Greg Street, Suite 501, Sparks, Nevada, 89431
(Address
of principal executive offices)(Zip Code)
(775) 355-9500
Issuer’s
telephone number
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this
chapter). ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item
7.01
Regulation
FD Disclosure.
On January 24, 2020, Scandium International Mining Corp. issued a
press release entitled "Scandium International Receives Royalty
Payout".
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
9.01
Financial
Statements and Exhibits.
The
following Exhibit relating to Item 7.01 is intended to be furnished
to, not filed with, the SEC pursuant to Regulation FD.
News release dated
January 24, 2020.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
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Scandium International Mining Corp.
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Date:
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January
24, 2020
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(Registrant)
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/s/ Edward Dickinson
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Edward
Dickinson, CFO
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Exhibi
NEWS
RELEASE
TSX:
SCY
January
24, 2020
NR
20-1
www.scandiummining.com
SCANDIUM INTERNATIONAL RECEIVES ROYALTY PAY-OUT
Reno, Nevada, January 24, 2020 – Scandium
International Mining Corp.
(TSX:SCY) (“Scandium International” or the
“Company”) advises that it completed a NSR
royalty buy-back arrangement with Osisko Mining Inc. on interests
related to the Windfall Lake gold property in Quebec, Canada. The
C$1,000,000 royalty buy-back amount was received by the Company,
and subsequently divided amongst several unrelated entities with
interests in the royalty asset. The net amount retained by Scandium
International, after distributions, was C$500,000 (US$
383,330).
For inquiries to Scandium International Mining Corp, please
contact:
Edward
Dickinson (CFO)
Tel:
(775) 233-7328
George
Putnam (CEO)
Tel:
(925) 208-1775
Email:
info@scandiummining.com
This press release contains forward-looking statements about the
Company and its business. Forward looking statements are statements
that are not historical facts and include, but are not limited to
statements regarding any future development of the project. The
forward-looking statements in this press release are subject to
various risks, uncertainties and other factors that could cause the
Company's actual results or achievements to differ materially from
those expressed in or implied by forward looking statements. These
risks, uncertainties and other factors include, without limitation:
risks related to uncertainty in the demand for scandium, the
possibility that results of test work will not fulfill
expectations, or not realize the perceived market utilization and
potential of scandium sources that may be developed for sale by the
Company. Forward-looking statements are based on the beliefs,
opinions and expectations of the Company's management at the time
they are made, and other than as required by applicable securities
laws, the Company does not assume any obligation to update its
forward-looking statements if those beliefs, opinions or
expectations, or other circumstances, should change.