Azincourt Uranium has acquired a 70% stake in the East Preston project, based in the Athabasca Basin. The deal is expected to be completed by mid-2017. It has also paid a finder’s fee of 398,913 shares to Transcend Capital.
Azincourt Uranium has acquired a 70% stake in the East Preston project, based in the Athabasca Basin. The company has paid an aggregate cash sum of $150,000 to Skyharbour Resources and Clean Commodities, and has issued 4.5 million aggregate shares. It has also paid a finder’s fee of 398,913 shares to Transcend Capital.