Azincourt Closes First Tranche of Private Placement
1430 – 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourturanium.com
THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES FOR DISSEMINATION IN THE
UNITED STATES
AZINCOURT CLOSES FIRST TRANCHE OF PRIVATE PLACEMENT
Vancouver, BC— August 14, 2017 Azincourt Uranium Inc. (the “Compa ny”) (TSX-V: AAZ) is pleased
to announce that it has completed the first tranche of a non-brokered private placement previously
announced on August 1, 2017. The first tranche clo sing consisted of the sale and issuance of 7,200,00 0
Units (“Units”) of the Company at a price of C$0.05 per Unit for gross proceeds of C$360,000 (the
“Offering”).
Each Unit is comprised of one common share and one common share purchase warrant (a “Warrant”).
Each Warrant entitles the holder to purchase one ad ditional common share until August 14, 2018 at a
price of C$0.12 per common share.
The Company paid commissions to eligible finders un der the Offering totaling C$4,800 and issued to
such finders a total of 96,000 Finders Warrants. Ea ch Finder’s Warrant entitles the holder to acquire one
common share of the Company at $0.12 per share until August 14, 2018.
In accordance with securities legislation, all secu rities issued under the Offering will be subject to a four
month hold period expiring on December 15, 2017.
Azincourt will apply the net proceeds of the Offeri ng to advance the Company’s projects and for genera l
working capital purposes.
Final closing of this Offering is subject to final acceptance by the TSX Venture Exchange.
About Azincourt Uranium Inc.
Azincourt Uranium Inc. is a Canadian-based resource company specializing in the strategic acquisition,
exploration and development of uranium properties. The Company’s Patterson Lake North Property
(“PLN”), is located in the western Athabasca Basin, and lies adjacent and to the north of the Patterso n
Lake South property (Arrow deposit) owned by Fissio n Uranium Corp. The Company owns a 10%
working interest in PLN and Fission 3.0 owns a 90% interest. In addition, the Company owns an option
to acquire up to 70% of the East Preston Project, a lso in the Athabasca Basin, located to the south an d
adjacent to NexGen Energy’s Rook 1 project, host to the high grade Arrow Deposit.
ON BEHALF OF THE BOARD OF AZINCOURT URANIUM INC.
“J. Ian Stalker”
J. Ian Stalker, Chairman
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.
This press release includes “forward-looking statem ents”, including forecasts, estimates, expectations and
objectives for future operations that are subject to a number of assumptions, risks and uncertainties, many
of which are beyond the control of Azincourt. Inve stors are cautioned that any such statements are no t
guarantees of future performance and that actual results or developments may differ materially from those
projected in the forward-looking statements. Such forward-looking information represents management’s
best judgment based on information currently available. No forward-looking statement can be guaranteed
and actual future results may vary materially.
For further information please contact:
J. Ian Stalker
Tel: 604-638-8063