Azincourt Energy Announces Effective Date for Share Consolidation
Azincourt Energy Announces Effective Date
for Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) -
AZINCOURT ENERGY
CORP.
(TSXV: AAZ) (OTCQB: AZURF)
("
Azincourt
" or the "
Company
") is pleased to announce that
effective December 23, 2025 (the "
Effective Date
"), the Company will implement the previously
announced share consolidation on the basis of six (6) pre-consolidation common shares for each one
(1) post-consolidation common share (the "
Consolidation
"). The Company has received approval for
the Consolidation from the TSX Venture Exchange.
Following the Consolidation, the common shares of the Company are scheduled to begin trading on a
post-consolidation basis at market open on December 23, 2025. The Company's stock symbol, "AAZ"
will not change. The new CUSIP number will be 05478T306 and the new ISIN number will be
CA05478T3064. Following the Consolidation, the Company will have approximately 86,059,672
common shares issued and outstanding prior to rounding for fractional shares.
No fractional shares will be issued as a result of the Consolidation. The number of post-Consolidation
common shares issuable to a shareholder of the Company shall be rounded up in the event that said
shareholder was entitled to a fractional share equivalent to one-half or more of a post-Consolidation
common share and shall be rounded down in the event that said shareholder was entitled to a fractional
share equivalent to less than one-half of a post-Consolidation common share, provided that no
shareholder shall be entitled to more than one such rounding up.
Registered shareholders holding share certificates of the Company will be mailed a letter of transmittal
from the Company's transfer agent, TSX Trust Company, as soon as practicable after the Effective Date
advising of the Consolidation and instructing them to surrender and exchange their share certificates or
Direct Registration System (DRS) statements evidencing their pre-Consolidation common shares for
new share certificates or new DRS statements representing the number of post-consolidated common
shares to which they are entitled. A copy of the letter of transmittal will be posted on the Company's
issuer profile on SEDAR+ at
www.sedarplus.ca
. Non-registered shareholders holding common shares
of the Company through an intermediary (a securities broker, dealer, bank or financial institution) should
be aware that the intermediary may have different procedures for processing the Consolidation than
those that will be put in place by the Company for registered shareholders. If shareholders hold their
common shares through intermediaries and have questions in this regard, they are encouraged to
contact their intermediaries.
The exercise or conversion price of, and the number of common shares issuable under, any convertible
securities of the Company will be proportionately adjusted upon the completion of the Consolidation.
About Azincourt Energy Corp.
Azincourt 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 Harrier Project located in the Central Mining Belt of
Labrador and its East Preston uranium project located in the Athabasca Basin, Saskatchewan.
ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.
"Alex Klenman"
Alex Klenman, President & CEO
For further information please contact:
Alex Klenman, President & CEO
Tel: 778-726-3356
Azincourt Energy Corp.
1012 - 1030 West Georgia Street
Vancouver, BC V6E 2Y3
www.azincourtenergy.com
Cautionary Statement Regarding Forward-Looking Statements
This news release may contain certain "Forward-Looking Statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities
laws. When or if used in this news release, the words "anticipate," "believe," "estimate," "expect,"
"target," "plan," "forecast," "may," "schedule," and similar words or expressions identify forward-
looking statements or information. These forward-looking statements or information may relate to the
Consolidation, the timing of any Consolidation, and other factors or information. Such statements
represent the Company's current views with respect to future events and are necessarily based upon a
number of assumptions and estimates that, while considered reasonable by the Company, are
inherently subject to significant business, economic, competitive, political and social risks,
contingencies and uncertainties. Many factors, both known and unknown, could cause results,
performance, or achievements to be materially different from the results, performance or
achievements that are or may be expressed or implied by such forward-looking statements. The
Company does not intend and does not assume any obligation, to update these forward-looking
statements or information to reflect changes in assumptions or changes in circumstances or any other
events affecting such statements and information other than as required by applicable laws, rules and
regulations.
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/278647