- Azincourt Energy (AAZ) has announced a non-brokered private placement for gross proceeds of up to $500,000
- The company will issue up to 8,333,333 units priced at $0.06 per unit
- The proceeds will be used to continue the exploration and development of the East Preston Project
- Azincourt is a Canadian-based resource company focused on exploring and developing alternative energy/fuel projects
- Azincourt Energy Corp. (SYH) opened trading at C$0.445
Azincourt Energy (AAZ) has announced a non-brokered private placement for gross proceeds of up to $500,000.
The company will issue up to 8,333,333 units priced at $0.06 per unit. Each unit will include one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder to purchase one additional common share for a period of 24 months.
The proceeds will be used to continue the exploration and development of the East Preston Project and for general working capital purposes.
The securities issued will not be subject to any statutory hold period.
No finders’ fees or commissions are payable in connection with the offering.
Azincourt is a Canadian-based resource company specializing in the acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements.
Azincourt Energy Corp. (SYH) opened trading at C$0.445.