Reno, Nevada--(Newsfile Corp. - September 12, 2017) - Scandium International Mining Corp. (TSX: SCY) ("Scandium International" or the "Company") is pleased to announce that it has received shareholder approval to the share exchange with Scandium Investments LLC (SIL).
Pursuant to the transaction SIL will sell its 20% interest in EMC Australia to the Company in exchange for common shares of the Company. Please refer to the Company's June 15, 2017 news release for further information on the transaction. Timing on the completion of the transaction has been extended by the parties, in order to complete all required documentation. Closing of the transaction is now expected to occur on or before November 30, 2017, and otherwise in accordance with the share exchange agreement dated June 30, 2017, as amended.
