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.
内华达州里诺，2024年12月4日（GLOBE NEWSWIRE）——专注于开发澳大利亚新南威尔士州宁根Scandium项目的公司Scandium国际矿业公司（TSX: SCY和OTCBB：SCYF）（“Scandium International” 或 “公司”）今天宣布，它已向美国证券交易委员会（“SEC”）提交了15号表格根据经修订的1934年《证券交易法》（“交易法”）第12（g）条注销其普通股类别，并暂停其在《交易法》第15（d）条下的报告义务（“取消注册”）。公司向美国证券交易委员会提交定期报告（包括10-k、10-Q和8-k表的报告）的义务将在提交表格15后立即暂停。一旦表格15生效（预计将在提交后的90天内生效），该公司将遵守加拿大的报告要求，包括国际财务报告准则会计准则，并且将不再是美国证券交易委员会的报告公司，其向美国证券交易委员会提交其他报告的义务也将暂停。
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.
公司决定继续撤销注册的目的是进一步降低报告的复杂性和成本，并允许管理团队将精力集中在公司的核心业务活动上。取消注册不会影响公司的业务运营。公司将继续根据加拿大证券法在加拿大提交定期报告。
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.
前瞻性陈述，例如本新闻稿中关于表格15有效性的声明，基于当前的信念和假设，这些信念和假设存在风险和不确定性，不能保证未来的表现。除非适用法律要求，否则公司没有义务修改或更新任何前瞻性陈述，也没有义务做出任何其他前瞻性陈述，无论是由于新信息、未来事件还是其他原因。
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
联系人：如需咨询Scandium国际矿业公司，请联系：
彼得·埃文森（首席执行官）
电话：(775) 355-9500
哈里·德容格（主计长）
电话：(702) 703-0178
电子邮件：ir@scandiummining.com
译文内容由第三方软件翻译。
