Scandium International Mining Announces Grant of Options

NEWS RELEASE TSX-V: SCY March 2, 2026 NR 26- 01 www.scandiummining.com

SCANDIUM INTERNATIONAL MINING ANNOUNCES GRANT OF OPTIONS

Reno, Nevada, March 2, 2026 – Scandium International Mining Corp. (TSX-V: SCY and OTC PINK: SCYYF) (“Scandium International” or the “Company”) announces that incentive stock options have been granted to directors, officers, employees and consultants to purchase up to 11,500,000 common shares at a price of C$0.09 per share for five years, pursuant to its Omnibus Equity Incentive Plan. These stock options will vest immediately. This is the first grant of options since November 2023.

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: [email protected]

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 forwardlooking information, except in accordance with applicable securities laws.