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Azincourt Enters Into Letter of Intent for Exploration Financing of East Preston Uranium Project
Posted on Wednesday January 02, 2019
AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to announce it has entered into a letter of intent with an arms’-length third-party (the “Investor”) to provide funding of $750,000 towards the Company’s ongoing winter work program at the East Preston Uranium Project (the “Project”), located in the southwestern Athabasca basin in Saskatchewan, Canada. In consideration for providing funding of at least $750,000 towards development of the project, prior to March 31, 2019, the Investor will earn a ten percent beneficial interest in the Project. Following the Investor earning such an interest, the Company will have the right to redeem the interest from the Investor in consideration for a payment of $750,000 which will be satisfied through the issuance of common shares of the Company based upon the last closing price of the Company’s shares on the TSX Venture Exchange immediately prior to the exercise of the right. The redemption right will be exercisable for a period of thirty days following the Investor earning an interest in the Project.
Azincourt Energy Announces Closing of Private Placement
Posted on Monday December 24, 2018
Vancouver, British Columbia--(Newsfile Corp. - December 24, 2018) - Azincourt Energy Corp. (TSXV: AAZ) (the "Company" or "Azincourt") announces that it has completed a non-brokered private placement of 1,000,333 non flow-through units at a price of C$0.06 per unit and 3,983,332 flow through units at C$0.06 per unit for gross proceeds of C$$299,020 (the "Offering").Each flow through unit consists of one common share and one-half of one common share purchase warrant and each non-flow-through ...
Azincourt Energy Conducting Airborne Geophysical Survey at the East Preston Uranium Project, Athabasca Basin, Saskatchewan
Posted on Tuesday December 11, 2018
VANCOUVER, British Columbia, Dec. 11, 2018 -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to provide an update regarding its.
Azincourt Energy Samples High-Grade Lithium Oxide (Li2O) at the Lithium One Project, Southeast Manitoba
Posted on Tuesday November 13, 2018
Assays up to 4.1% Li2O received from the Silverleaf PegmatiteAdditional high-grade samples return 3.04%, 3.37% and 3.90% Li2OHigh purity spodumene blade sample from Silverleaf.