Azincourt Uranium (TSE:AAZ) has released an update.
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Azincourt Energy Corp. has successfully completed its private placement, raising C$375,002.50 through the issuance of 10,714,356 flow-through units at $0.035 each, which includes a share and a purchase warrant exercisable at $0.05. The proceeds are earmarked for development and exploration activities at their East Preston Property and the Big Hill lithium project. This strategic financial boost is set to advance the company’s resource projects, with all securities issued subject to a four-month hold period and final TSX Venture Exchange approval.
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