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Azincourt Uranium Announces Senior Management Appointment

Management Changes

1430 – 800 West Pender Street

Vancouver, BC V6C 2V6

[email protected]

www.azincourturanium.com

Azincourt Uranium Announces Senior Management Appointment

Vancouver B.C., July 10, 2017 - AZINCOURT URANIUM I NC. (“Azincourt” or the “Company”;

TSXV: AAZ) is pleased to announce that Alex Klenman has been appointed as Interim Chief

Executive Officer of Azincourt. Paul Reynolds will continue his role with the Company as a Director.

Mr. Klenman brings over 25 years of business develo pment, marketing, finance, media and

corporate communications experience. He has held se nior management positions in both the

public and private sectors. Mr. Klenman is currentl y Chairman and Chief Operating Officer of

Nexus Gold Corp which has seen its market cap rise substantially over the last twelve months. In

addition, he has served as a communications consult ant for several TSX-V listed resource

companies, including among others Roxgold Inc. and Forum Uranium. Mr. Klenman also spent ten

years in broadcasting in Vancouver, which included notable board positions with CKVU Television

and Canwest Pacific Television.

“On behalf of Azincourt, we welcome Alex to our tea m” says Ian Stalker, Chairman of Azincourt.

“We’ve seen what Alex has done with Nexus Gold over the last year and we’re excited to bring

someone on with his level of contacts, work ethic and track record to our team. I think he will be an

incredible addition to the team and his involvement should be very beneficial to our shareholders.”

As Interim Chief Executive Officer, Mr. Klenman’s p rimary responsibility will be working with Mr.

Stalker, Mr. Reynolds and Mr. O’Connor in leading t he project exploration team through the

continued work program of the company's East Presto n project, review projects and opportunities

to complement our existing portfolio and expand inv estor awareness. Mr. Klenman adds a

tremendous breadth and depth of experience to the t eam which is underpinned by his strong track

record of successful project development and value creation.

“I want to thank Paul, Ian and the team for the opp ortunity to get involved,” said Mr. Klenman. “As

an existing shareholder of the company, I feel Azincourt will benefit over the coming quarters as we

begin the upcoming work program on our East Preston Project in the Athabasca Basin. I believe

the long-term prognosis for the energy sector is a positive one, and Azincourt is well positioned for

the future upturn we expect. I look forward to being a part of the team,” continued Mr. Klenman.

The company looks forward to providing a corporate update in regards to the work program on their

East Preston Project in the next several weeks.

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 A thabasca Basin, and lies adjacent and to the

north of the Patterson Lake South property (Arrow d eposit) owned by Fission Uranium Corp. The

Company owns a 10% working interest in PLN and Fiss ion 3.0 owns a 90% interest. In addition,

the Company owns an option to acquire up to 70% of the East Preston Project, also in the

Athabasca Basin, located to the south and 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 t o a number of assumptions, risks and uncertainties, many of

which are beyond the control of Azincourt. Investo rs are cautioned that any such statements are not

guarantees of future performance and that actual re sults or developments may differ materially from th ose

projected in the forward-looking statements. Such forward-looking information represents management’s

best judgment based on information currently availa ble. No forward-looking statement can be guarantee d

and actual future results may vary materially.

For further information please contact:

J. Ian Stalker

Tel: 604-638-8063

[email protected]