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Azincourt Energy (AZURF) delivers critical updates on uranium exploration, lithium projects, and strategic initiatives in the clean energy sector. This dedicated news hub provides investors with official press releases, regulatory filings, and progress reports from active sites including the Athabasca Basin.
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Azincourt Energy (OTCQB: AZURF) will implement a 6-for-1 share consolidation effective December 23, 2025. The TSX Venture Exchange has approved the Consolidation and post-consolidation trading will begin at market open on that date under the same trading symbol AAZ. New identifiers: CUSIP 05478T306 and ISIN CA05478T3064. The company expects approximately 86,059,672 common shares outstanding after consolidation prior to fractional rounding. No fractional shares will be issued; rounding rules apply and registered shareholders will receive a transmittal letter from TSX Trust Company.
Azincourt Energy (OTCQB: AZURF) announced it has acquired an interest in Nuclea Energy, marking Azincourt's first direct participation in downstream nuclear technology as an extension of its uranium-focused strategy.
Nuclea is developing the Morpheus micro modular reactor (lead-cooled, enriched uranium, graphite-moderated) designed to deliver 4–50 MW of continuous, low-carbon power with inherent safety features such as passive cooling, low-pressure operation and hydrogen-free containment. Nuclea is also in discussions with Canadian Nuclear Laboratories (CNL) to license additional microreactor technologies for mining, remote communities, industrial heat and data-center applications.
Azincourt Energy (OTCQB: AZURF) is planning a 2,000 m diamond drill program at the Harrier Project to confirm and expand the Snegamook uranium deposit and to advance an updated NI 43-101 compliant resource for Snegamook.
Historical drilling returned high-grade results including 0.974% U3O8 over 0.5 m, and surface sampling across the property yielded up to 7.48% U3O8 with >1% U3O8 in ten separate areas. The project covers 49,400 ha but has only 124 historical drill holes, leaving the area significantly underexplored. Azincourt's 2025 field program validated past drill sites and identified two new showings at Boiteau Lake and east of Anomaly 7 as high-priority drill targets.
Azincourt Energy (OTCQB:AZURF) has completed its initial work program at the Harrier Uranium Project in Labrador's Central Mineral Belt. The project encompasses a significant 49,400-hectare land package strategically located adjacent to Paladin Energy's Michelin deposit and Atha Energy's Moran Lake Project.
The project features 12+ known uranium zones with impressive samples reaching up to 7.48% U3O8, and 10 distinct zones exceeding 1% U3O8. The 2025 program has successfully confirmed existing showings, advanced the Snegamook area, and identified two new uranium showings. Historic drilling at Snegamook revealed uranium zones spanning 20-50m, with plans for an NI 43-101 resource update through upcoming drilling.
Azincourt Energy (OTCQB:AZURF) has initiated its initial work program at the Harrier Uranium Project in the Central Mineral Belt, Labrador, Canada. The project encompasses 49,400 hectares and features over a dozen uranium zones with impressive surface samples up to 7.48% U3O8, with 10 zones exceeding 1% U3O8.
The program includes helicopter-supported reconnaissance of existing uranium occurrences and radiometric anomalies. A key focus is the Snegamook Uranium Deposit, where historical drilling revealed 20-50m wide uranium-bearing zones. The company plans to prepare an updated NI 43-101 resource for 2026. With only 124 historical drill holes completed, the project presents significant discovery potential, particularly given its strategic location adjacent to Paladin Energy's Michelin and Atha Energy's projects.
Azincourt Energy (OTCQB:AZURF) has announced a non-brokered private placement aiming to raise up to C$750,000 through flow-through (FT) and non-flow-through (NFT) units priced at $0.015. Each unit includes one share and one warrant, with warrants exercisable at $0.05 for 36 months.
The proceeds will fund drilling and exploration at the company's Snegamook and Harrier Projects in Newfoundland and Labrador's Central Mineral Belt, and for working capital. The FT shares will qualify as flow-through shares for tax purposes, with exploration expenses to be incurred by December 31, 2026 and renounced to initial purchasers by December 31, 2025.
Azincourt Energy (OTCQB: AZURF) has provided an update on its Harrier Project in Labrador's Central Mineral Belt. The 49,400-hectare project, which includes the Snegamook Uranium Deposit, is strategically positioned adjacent to significant uranium deposits including Atha Energy's Moran Lake C (9.6 Mlbs) and Anna Lake (4.9 Mlbs), and Paladin Energy's Michelin Project (127.7 Mlbs).
The project features 14 mineralized zones with high-grade uranium samples up to 7.48% U₃O₈. Historical exploration is limited to 124 drill holes, suggesting significant discovery potential. The company plans field work in 2025 and a drill program in 2026 to explore this uranium-rich corridor. Two key areas highlighted are the Moran Heights Prospect and the Boiteau Group, where recent sampling has revealed high-grade uranium occurrences.
Azincourt Energy has acquired options on the Harrier Uranium Project in Labrador's Central Mineral Belt, expanding its footprint to 49,400 hectares. The project features 12 zones of uranium mineralization, with impressive sample results up to 7.48% U3O8.
Key highlights include high-grade uranium discoveries across multiple prospects: Fish Hawk North (5.08%), Brook (4.86%), Moran Heights (7.48%), and several other promising locations. Only 89 holes totaling 9,834m have been drilled previously, suggesting significant exploration potential.
The acquisition terms involve staged payments over multiple years, including cash payments totaling $250,000, share issuances, and exploration expenditure commitments of $4 million. The project is strategically located near significant uranium resources, including Paladin Energy's Michelin Project (127.7Mlbs U3O8) and other notable deposits in this world-class uranium district.
Azincourt Energy (TSXV: AAZ, OTCQB: AZURF) welcomes the Canadian Nuclear Safety Commission's approval for Ontario Power Generation to build Canada's first small modular reactor (SMR) at the Darlington Nuclear Generation Station. The project, featuring a BWRX-300 SMR, will be the first in any G7 country.
The plan includes up to four 327-megawatt SMRs capable of powering approximately 900,000 homes with zero-emissions electricity. This development aligns with Canada's nuclear energy expansion, including Nova Scotia's recent lifting of its 45-year uranium exploration ban and federal funding of CAD$74 million for SMR development in Saskatchewan.
The International Energy Agency projects global electricity consumption to rise 4% annually to 2027. To meet net-zero emissions targets by 2050, Canada may need to build 85 SMRs according to RBC. The government has also committed up to $304 million for modernizing CANDU reactors, supporting Canada's position as the world's second-largest uranium producer.
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