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AAZ.V ·

Azincourt Energy Issues Shares FOR Debt

Share Capital & Compensation

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 credito rs 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 t o 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 compa ny 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, Sas katchewan, 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 r esponsibility 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