Azincourt Energy Announces Closing of Private Placement Under the Listed Issuer Financing Exemption (LIFE)

Core Viewpoint - Azincourt Energy Corp. has successfully completed a non-brokered private placement, raising gross proceeds of $1,031,000 for general working capital and exploration activities at its Harrier Project in Newfoundland and Labrador [1][5]. Group 1: Offering Details - The Company issued 20,620,000 units, each consisting of one common share and one common share purchase warrant, with warrants priced at $0.07, valid until December 23, 2028 [1]. - An aggregate of $53,500 in finder's fees has been paid, along with the issuance of 1,070,000 finder's warrants, also exercisable at $0.07 per share for 36 months [2]. Group 2: Regulatory and Compliance Information - The securities issued under the Offering are not subject to a hold period in Canada and are offered under the Listed Issuer Financing Exemption [3]. - The securities have not been registered under the United States Securities Act of 1933 and cannot be offered or sold within the United States without registration or an exemption [3]. Group 3: Share Consolidation - Effective December 23, 2025, the Company implemented a share consolidation on a six-for-one basis, meaning six pre-consolidation shares were consolidated into one post-consolidation share [4]. Group 4: Company Overview - Azincourt Energy Corp. specializes in the acquisition, exploration, and development of alternative energy projects, focusing on uranium, lithium, and other critical clean energy elements [5].