AAZ

Azincourt Energy Corp. Announces Private Placement

Retrieved on: 
Monday, December 11, 2023

VANCOUVER, British Columbia, Dec. 11, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ), is pleased to announce a non-brokered private placement to raise gross proceeds of up to C$2,000,000 consisting of flow-through units (the “FT Units”) offered at a price of $0.035 per FT Units and non-flow through units (the “NFT Units”) offered at a price of $0.03 per NFT Unit (the “Offering”).

Key Points: 
  • Each Warrant will be exercisable at a price of $0.05 into one common share for a period of 36 months from the date of issue.
  • Proceeds of the Offering will not be used for payments to non-arms length parties or to persons conducting investor relations activities.
  • Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Azincourt Energy Receives Permits for Upcoming Drill Programs at East Preston

Retrieved on: 
Tuesday, October 3, 2023

VANCOUVER, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to announce that permits have been received for ongoing exploration activities at the East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada.

Key Points: 
  • VANCOUVER, British Columbia, Oct. 03, 2023 (GLOBE NEWSWIRE) -- AZINCOURT ENERGY CORP. (“Azincourt” or the “Company”) (TSX.V: AAZ, OTCQB: AZURF), is pleased to announce that permits have been received for ongoing exploration activities at the East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada.
  • Azincourt Energy recognizes that the granting of these permits does not negate the rights of the local communities for meaningful consultation as the project progresses.
  • The involvement of the local communities is essential for continued advancement of the East Preston Project.
  • Figure 1: East Preston Project Location – Western Athabasca Basin, Saskatchewan, Canada
    Figure 2: Road access to the East Preston Uranium Project, Western Athabasca Basin Saskatchewan
    Figure 3: 2023-24 Target areas at the East Preston Uranium Project.

Hardman & Co Q&A on Anglo Asian Mining (AAZ): Mining at a key moment in its evolution

Retrieved on: 
Friday, June 2, 2023

Anglo Asian Mining is the topic of conversation when Paul Mylchreest, Analyst at Hardman & Co joins DirectorsTalk Interviews.

Key Points: 
  • Anglo Asian Mining is the topic of conversation when Paul Mylchreest, Analyst at Hardman & Co joins DirectorsTalk Interviews.
  • Paul gives us an overview of Anglo Asian Mining, outlines the strategic transformation that Anglo Asian has embarked on, summarises “Copper 1”, the more complicated “Copper 2” and the key investment criteria relating to Anglo Asian.
  • Anglo Asian Mining plc (LON: AAZ) are a leading copper & gold producer in Azerbaijan with a range of assets from exploration to full production.
  • If you are interested in meeting the company, you can register your interest here

Hardman & Co Research on Anglo Asian Mining (AAZ): Growth in copper production poised to explode

Retrieved on: 
Wednesday, May 10, 2023

AAZ is embarking on an expansion that will create a much larger mining business, extending well beyond its flagship Gedabek contract area (“Baseline Gedabek”).

Key Points: 
  • AAZ is embarking on an expansion that will create a much larger mining business, extending well beyond its flagship Gedabek contract area (“Baseline Gedabek”).
  • The company was awarded three concessions in 2022 at no cost, each containing a substantial copper deposit: Xarxar with nearly 100kt, Garadag over 300kt and Demirli estimated at 200kt.
  • The staged development of the integrated Xarxar and Garadag project (“Copper 1”) and Demirli (“Copper 2”) will transform AAZ from a small-cap gold miner to a mid-sized copper producer with c.50kt p.a.
  • We estimate an aggregate valuation for Baseline Gedabek + Copper 1 – Xarxar and Garadag + Copper 2 – Demirli of 214p per share.

Anglo Asian Mining plc - Strategic investment in Libero Copper & Gold Corporation

Retrieved on: 
Wednesday, December 22, 2021

LONDON, Dec. 22, 2021 /CNW/ - Anglo Asian Mining plc ("Anglo Asian"), an AIM listed gold, copper and silver producer primarily focused in Azerbaijan (AIM: AAZ) and Libero Copper & Gold Corporation ("Libero"), a copper exploration company headquartered at Suite 905 1111 West Hastings Street, Vancouver BC V6E 2J3 (TSXV: LBC) announce today that Anglo Asian has acquired an approximate 14.18% stake in the issued and outstanding common shares of Libero on a fully diluted basis by subscribing for 5,600,000 units (each, a "Unit") of Libero at a purchase price of $0.50 per Unit for gross proceeds of $2,800,000 to Libero.

Key Points: 
  • LONDON, Dec. 22, 2021 /CNW/ - Anglo Asian Mining plc ("Anglo Asian"), an AIM listed gold, copper and silver producer primarily focused in Azerbaijan (AIM: AAZ) and Libero Copper & Gold Corporation ("Libero"), a copper exploration company headquartered at Suite 905 1111 West Hastings Street, Vancouver BC V6E 2J3 (TSXV: LBC) announce today that Anglo Asian has acquired an approximate 14.18% stake in the issued and outstanding common shares of Libero on a fully diluted basis by subscribing for 5,600,000 units (each, a "Unit") of Libero at a purchase price of $0.50 per Unit for gross proceeds of $2,800,000 to Libero.
  • Anglo Asian did not own any securities of the Issuer prior to the Subscription.
  • Libero and Anglo Asian entered into a subscription agreement (the "Subscription Agreement") in connection with the Subscription whereby Anglo Asian will receive certain rights once Anglo Asian acquires beneficial ownership of at least 9.9% of the issued and outstanding common shares of Libero (on a non-diluted basis).
  • The Subscription Agreement provides for Anglo Asian to purchase an additional 7,000,000 Units.