Vancouver, British Columbia — December 23, 2025 — Leads & Copy — Azincourt Energy Corp. has completed its non-brokered private placement for gross proceeds of $1,031,000.
The Offering, initially announced on December 2 and December 15, involved the issuance of 20,620,000 units. Each unit consists of one post-consolidation common share of the Company and one common share purchase warrant. Each warrant allows the holder to purchase one share at $0.07 any time before December 23, 2028.
The company intends to use the proceeds for general working capital and exploration activities at the Harrier Project in Newfoundland and Labrador.
Azincourt has paid or will pay $53,500 in finder’s fees and has issued 1,070,000 finder’s warrants to eligible arm’s length parties, as per Exchange policies. Each Finder’s Warrant enables the holder to acquire a share at $0.07 per share for 36 months.
The securities issued under the Offering will not be subject to a hold period in Canada, although Exchange-required hold periods may apply. The units were offered for sale to purchasers resident in Canada and qualifying jurisdictions under the listed issuer financing exemption under Part 5A of NI 45-106 – Prospectus Exemptions, as amended by CSA Coordinated Blanket Order 45-935, and are therefore not subject to a hold period under Canadian securities laws.
These securities have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States or to U.S. persons without registration or an applicable exemption.
Effective today, December 23, 2025, Azincourt implemented a share consolidation on the basis of six pre-consolidation common shares for one post-consolidation common share. All references to common shares are on a post-consolidation basis.
Azincourt specializes in acquiring, exploring, and developing alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at the Harrier Project in Labrador and its East Preston uranium project in the Athabasca Basin, Saskatchewan.
Alex Klenman, President & CEO of Azincourt Energy Corp., can be reached at 778-726-3356 or info@azincourtenergy.com.
Alex Klenman
President & CEO
778-726-3356
info@azincourtenergy.com
Source: Azincourt Energy Corp.
