Azincourt Energy updates option to acquire Sylvia Lake uranium project
Azincourt Energy said it is providing an update on its previously announced option to acquire an interest in two mineral claims associated with the high-grade Sylvia Lake uranium project in Labrador.
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07:21:45 PM UTC
SquawkNews
Azincourt Energy Corp. amended its option to acquire 100% of the Sylvia Lake uranium project, outlining $12K to the owner, $662K to the optionor, 1.76M shares to the owner, and $250K exploration spend. TSXV approved the option; initial cash and share issuances are completed.Material DetailsContext…
Azincourt Energy Corp. 76M shares to the owner and $250K in exploration spending. The TSXV has approved the option, and the initial cash payment and share issuances are complete.