Azincourt Uranium Inc. (TSXV:AAZ) announced a non-brokered private placement of 11,000,000 units at a price of CAD 0.15 per unit for gross proceeds of CAD 1,650,000 on January 11, 2018. Each unit will consist of one common share and one warrant. Each warrant will entitle the holder to purchase one additional common share for a period of twelve months at a price of CAD 0.22 per share. All securities issued will be subject to a four month and one day hold period from the date of issuance. The company may pay finders fees or commissions to eligible persons in accordance with the policies of the Exchange. Closing is subject to the receipt of all necessary regulatory approvals including that of the TSX Venture Exchange.