Azincourt Energy Corp. Closes Second Tranche of Private Placement
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VANCOUVER, British Columbia, Dec. 29, 2023 (GLOBE NEWSWIRE) — AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ), is pleased to announce it has closed a second tranche of its non-brokered private placement. In connection with closing of the second tranche, the Company has issued 500,000 non-flow-through units (each, an “NFT Unit”) and 5,714,286 flow-through units (each, an “FT Unit”). Each NFT Unit was offered at a price of $0.03 and each FT Unit was offered at a price of $0.035. Each NFT Unit and FT Unit consists of one common share and one share purchase warrant entitling the holder to acquire an additional common share of the Company at a price of $0.05 until December 29, 2026.
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