Azincourt Energy Issues Shares for Debt

Vancouver B.C., September 8, 2020 - AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTC: AZURF), announces that it has settled an aggregate of $40,950 of indebtedness owed to certain arms length creditors through the issuance of 819,000 common shares at a deemed price of $0.05 per share.

All securities issued under the shares for debt are subject to a four month and a day hold period in Canada expiring on December 25, 2020, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside of Canada.

About Azincourt Energy Corp.

Azincourt Energy is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its joint venture East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada, and the Escalera Group uranium-lithium project located on the Picotani Plateau in southeastern Peru.

ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.

“Alex Klenman”

Alex Klenman, President & CEO

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information please contact:

Alex Klenman, President & CEO Tel: 604-638-8063 [email protected] Azincourt Energy Corp. 1430 – 800 West Pender Street Vancouver, BC V6C 2V6

www.azincourtenergy.com