Azincourt Uranium Announces 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 URANIUM ANNOUNCES PRIVATE PLACEMENT
Vancouver, BC— August 1, 2017 Azincourt Uranium Inc. (the “Compan y”) (TSX-V: AAZ) announces
its intention to carry out a non-brokered private p lacement of up to 10,700,000 Units at a price of $0 .05
per Unit for gross proceeds to the Company of up to $535,000 (the “Offering”).
Each Unit will consist of one common share and one common share purchase warrant (a “Warrant”).
Each Warrant will entitle the holder to purchase on e additional common share for a period of twelve
months at a price of C$0.12 per common share.
Azincourt will apply the net proceeds of the Offeri ng to advance the Company’s projects and for genera l
working capital purposes.
In accordance with securities legislation, all secu rities issued pursuant under the Offering will be s ubject
to a four month and one day hold period from the da te of issuance. The Company may pay finders fees
and/or commissions to eligible persons in connection with the Offering in accordance with the policies of
the Exchange.
Closing of this Offering is subject to the receipt of all necessary regulatory approvals including that of the
TSX Venture Exchange.
In addition, the Company announces the resignation of Darren Devine as the Corporate Secretary of the
Company and the appointment of Alex Klenman as its new Corporate Secretary.
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