Scandium International Mining Corp. (SCY) (Company) announced that it has closed the share exchange transaction with Scandium Investments LLC (SIL), as approved by the SCY shareholders at a Special Meeting on September 11, 2017, and as a result, has acquired the 20% interest in EMC Metals Australia Pty Ltd. (EMC-A) previously held by SIL. In connection with the transaction, SIL nominees Mr. Peter Evensen and Mr. R. Christian Evensen have been appointed to the company's Board of Directors. As Board members, Peter and Chris Evensen can contribute their funding expertise more directly and effectively to the entire project, fully aligning the interests of SIL and the company, benefiting the development program, and in turn benefiting all company shareholders.