Scandium Canada Ltd. has announced the appointment of Jeff Swinoga as Chairman of its Board of Directors, effective February 4, 2026. Swinoga, a CPA, CA, and MBA with over 25 years of mining industry experience, returns to the role he previously held from October 2021 to May 2025, a period that saw the company transition from Imperial Mining Group to Scandium Canada and advance its Crater Lake project through resource estimation and metallurgical testing phases.
The appointment signals Scandium Canada's strategic focus on advancing its flagship Crater Lake project toward production while developing aluminum-scandium alloys through its Scandium+ division. Swinoga's extensive background in capital markets, project financing, and mine construction is expected to provide critical guidance as the company moves through its next development phase. His previous experience includes serving as Chief Financial Officer of Torex Gold Resources, where he led a US$400 million financing package for the El Limon-Guajes gold mine in Mexico, and as CFO of HudBay Minerals during its growth to a market capitalization exceeding $2 billion.
"It is a great privilege to return to the Scandium Canada board," stated Jeff Swinoga. "Having witnessed the Company's evolution firsthand over the past several years, I remain convinced of the exceptional potential of the Crater Lake project and the strategic vision of the management team. I look forward to supporting the Company through its next critical phase toward production."
Scandium Canada's Chief Executive Officer, Guy Bourassa, emphasized the strategic importance of Swinoga's return. "We are delighted to welcome Mr. Swinoga back as Chairman. His deep knowledge of our project, combined with his extensive experience in financing and development, will be invaluable as we continue advancing the Crater Lake project and development of our Al-Sc alloys through our Scandium+ division."
The company's focus on becoming a primary scandium producer comes at a time when demand is growing for lighter, greener, and longer-lasting high-performance materials. Scandium Canada aims to leverage its mining project and alloy development subsidiary to meet this market need while committing to building a more responsible economy through innovation. The company's forward-looking statements and risk disclosures can be found in its regulatory filings on the SEDAR+ website.
Swinoga's appointment brings additional governance strength to Scandium Canada's leadership as the company positions itself in the emerging scandium market. His current board positions with other Canadian public mining companies, along with his role as President of Hive Advisory and board membership with PDAC, provide broad industry perspective that could benefit Scandium Canada's strategic direction. The timing of this leadership change coincides with increased global attention on critical minerals and their role in advanced manufacturing and clean technology applications.
For investors and industry observers, Swinoga's return suggests confidence in Scandium Canada's technical progress and commercial potential. His track record with major mining financings and project developments could enhance the company's ability to secure necessary capital for advancing the Crater Lake project through subsequent development stages. The appointment also reinforces the company's commitment to experienced leadership as it navigates the challenges of bringing a primary scandium source to market in an industry where successful project execution requires both technical expertise and financial acumen.
