SCANDIUM INTERNATIONAL MINING FILES FORM 15 TO VOLUNTARILY DEREGISTER AND SUSPEND ITS SEC REPORTING OBLIGATIONS
SCANDIUM INTERNATIONAL MINING FILES FORM 15 TO VOLUNTARILY DEREGISTER AND SUSPEND ITS SEC REPORTING OBLIGATIONS
RENO, Nev., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Scandium International Mining Corp. (TSX:SCY and OTCBB: SCYYF) ("Scandium International" or the "Company"), a company focused on the development of its Nyngan Scandium project in New South Wales, Australia, today announced that it has filed a Form 15 with the Securities and Exchange Commission (the "SEC") to deregister its class of common shares under Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and to suspend its reporting obligations under Section 15(d) of the Exchange Act (the "Deregistration"). The Company's obligation to file periodic reports with the SEC, including reports on Forms 10-K, 10-Q and 8-K, will be suspended immediately upon filing of the Form 15. Once the Form 15 is effective, which is expected to occur within 90 days of filing, the Company will follow Canadian reporting requirements including IFRS accounting standards and will no longer be an SEC reporting company in the United States and its obligations to file other reports with the SEC will also be suspended.
內華達州雷諾，2024年12月4日（環球新聞）—— scandium international mining corp （tsx:scy 和 otcbb: scyyf）（「 scandium international 」或「 公司 」），是一家專注於開發其位於澳大利亞新南威爾士州的 Nyngan 鈧項目的公司，今天宣佈已向證券交易委員會（「 sec 」）提交了 15 表格，以根據 1934 年證券交易法第 12(g) 條取消其普通股類別的註冊，並根據交易法第 15(d) 條暫停其報告義務（「 註銷 」）。公司在提交表格 15 後，立即暫停向 sec 提交定期報告的義務，包括 10-k、10-q 和 8-k 表格的報告。表格 15 生效後（預計在提交後90天內生效），公司將遵循加拿大的報告要求，包括國際財務報告準則（ifrs）會計標準，並且不再是美國證券交易委員會的報告公司，其向 sec 提交其他報告的義務也將暫停。
The Company's decision to proceed with the Deregistration is aimed at further reducing the complexity and costs of reporting and allowing the management team to focus their efforts on the Company's core business activities. The Deregistration does not impact the Company's business operations. The Company will continue to file periodic reports in Canada in accordance with Canadian securities laws.
公司的決定繼續進行註銷，旨在進一步減少報告的複雜性和成本，並允許管理團隊專注於公司的核心業務活動。註銷不影響公司的業務運營。公司將繼續根據加拿大證券法在加拿大提交定期報告。
Forward-looking statements, such as the statement in this press release regarding the effectiveness of the Form 15, are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.
前瞻性聲明，例如本新聞稿中關於表格 15 生效的聲明，是基於當前的信念和假設，受風險和不確定性影響，並不能保證未來的表現。除非適用法律要求，公司不承擔修訂或更新任何前瞻性聲明的義務，或根據新信息、未來事件或其他原因作出任何其他前瞻性聲明。
CONTACT: For inquiries to Scandium International Mining Corp, please contact:
Peter Evensen (CEO)
Tel: (775) 355-9500
Harry de Jonge (Comptroller)
Tel: (702) 703-0178
Email: ir@scandiummining.com
聯繫方式：如需諮詢 scandium international mining corp，請聯繫：
彼得·埃文森（首席執行官）
電話： (775) 355-9500
哈里·德·容格（財務主管）
電話： (702) 703-0178
電子郵件： ir@scandiummining.com
譯文內容由第三人軟體翻譯。
