Azincourt announces that it intends to undertake a brokered private placement with a syndicate of agents led by Secutor Capital Management to raise aggregate gross proceeds of up to $2,750,000 on a best efforts basis. The Offering will consist of the issuance of up to 5,833,333 flow-through shares at a price of C$0.30 per flow-through share ($1,750,000) and up to 3,703,703 units at a price of C$0.27 per unit ($1,000,000
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