Azincourt Partners with Fobi to Utilize AI and Data Analytics at the East Preston Uranium Project
AZINCOURT PARTNERS WITH FOBI TO UTILIZE AI AND DATA
ANALYTICS AT THE EAST PRESTON URANIUM PROJECT
Vancouver B.C., September 24, 2021 - AZINCOURT ENERGY CORP. (“Azincourt” or the
“Company”) (TSX.V: AAZ, OTC: AZURF), is pleased to announce that it has entered into a data
consulting agreement with FOBI AI Inc. (TSX.V: FOBI), a global leader in providing real-time data
analytics through artificial intelligence (“AI”) to drive operational efficiencies and profitability.
FOBI will assist Azincourt in the development of a n operational intelligence platform to help
transform legacy and in some cases antiquated but commonly used practices in the mining and
exploration sector. FOBI will introduce the use of artificial intelligence applications and data mining
techniques that analyze vast amounts of aggregated data, detecting patterns and consistencies that
may not be readily apparent otherwise, and can potentially provide more efficient road maps to allow
the Company to generate more impactful drill holes in less time, and with less cost.
The 1-year, $250,000 contract with FOBI will allow Azincourt to benefit from FOBI’s experience
developing and deploying real -time applications and operational solutions ac ross various data
applications at scale. FOBI will architect and deploy it’s established AI and operational a pplications
in an effort to support Azincourt’s goal of making discovery and delineating a resource at its East
Preston uranium project.
“This partnership with FOBI AI gives Azincourt the opportunity to apply leading edge technologies
to our efforts at East Preston,” said CEO, Alex Klenman. “I think it’s incumbent upon us to explore
new exploration techniques that can help guide us towards significant discoveries. Artificial
Intelligence, machine learning algorithms and rapid big data analysis clearly have a place in our future
and we’re eager to apply these new techniques to uranium exploration. There are multiple
applications we can utilize here, and I’m excited to begin working with FOBI and their innovative
team. I think this is a tremendous opportunity to Azincourt,” continued Mr. Klenman
“I see the exploration and mining sector as a very lucrative opportunity for FOBI ,” said Rob Anson,
CEO of FOBI. “This agreement with Azincourt will allow FOBI to demonstrate the power of our
real-time operational data applications and real time analytics and insights to provide Azincourt with
leading edge technology, strategies, and necessary ap plications to streamline and automate manual
current applications. FOBI will continue to drive new innovation and best practices to improve the
industries existing antiquated operational and data systems. The powerful combination of FOBI’S
artificial intelligence and real time big data applications will be key to enabling Azincourt to make
faster, smarter, data driven decisions which ultimate will be key to driving further success in regard
to the Company’s operational efficiencies and performance,” continued Mr. Anson.
About FOBI
FOBI is a cutting-edge data intelligence company that helps clients turn real-time data into actionable
insights and personalized customer engagement to generate increased profits. FOBI’s unique IoT
device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity
across online and on- premises platforms creating highly scalable solutions for our global clients.
FOBI partners with some of the largest companies in the world to deliver best-in-class solutions and
operates globally in the retail, telecom, sports & entertainment, casino gaming, and hospitality &
tourism industries. For more information, please visit www.fobi.ai.
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 majority-owned East
Preston uranium project in the western 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.
This press release includes “forward-looking statements”, 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. Investors are cautioned that any
such statements are not 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:
Alex Klenman, President & CEO
Tel: 604-638-8063
Azincourt Energy Corp.
1430 – 800 West Pender Street
Vancouver, BC V6C 2V6
www.azincourtenergy.com