Azincourt Energy Announces Marketing Services Agreements
Azincourt Energy (TSXV: AAZ, OTC: AZURF) has announced two significant marketing service agreements.
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Rhea-AI Summary
Azincourt Energy (TSXV: AAZ, OTC: AZURF) has announced two significant marketing service agreements. The first is with Native Ads, Inc., valued at up to US$150,000 for a 24-month digital marketing campaign. The campaign will allocate 75% of the budget to CPC costs, media buying, and content distribution, with the remaining 25% dedicated to content creation and related services.
The second agreement is with Plutus Invest and Consulting GmbH, focusing on European market PR strategies and investor campaigns. This six-month contract is valued at up to €150,000, payable based on services rendered. Both agreements are subject to TSX Venture Exchange approval, and both service providers operate at arm's length from Azincourt, holding no direct or indirect interest in the company's securities.
Positive
- Strategic expansion of marketing reach through two major service agreements
- Comprehensive digital marketing campaign targeting multiple channels
- Enhanced European market exposure through dedicated PR and investor outreach
Negative
- Significant marketing expenditure of combined ~US$300,000 affecting cash reserves
- Short-term nature of Plutus agreement (6 months) may limit long-term impact
Details
News Market Reaction – AZURF
The recorded move for AZURF in the trading session of this news was -15.11%.
Data tracked by StockTitan Argus. Session date unavailable.
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Vancouver, British Columbia--(Newsfile Corp. - February 10, 2025) - AZINCOURT ENERGY CORP. (TSXV: AAZ) (OTC Pink: AZURF) (FSE: A0U) ("Azincourt" or the "Company"), announces that it has entered into a marketing service agreement with Native Ads, Inc. dated February 10, 2025 (the "Agreement"), pursuant to which Native Ads will provide a marketing campaign for a total retainer of up to US150,000, with a term of up to twenty-four months or until the retainer is depleted. Under the Agreement, Native Ads will execute a comprehensive digital media advertising campaign for the Company, where approximately
Additionally, the Company has entered into a consulting agreement with Plutus Invest and Consulting GmbH. ("Plutus") dated February 10, 2025 (the "Consulting Agreement"), pursuant to which Plutus will provide certain marketing services (the "Services") to the Company. The Services provided by Plutus will include, but not be limited to, PR strategies and designing and implementing an advertisement-based investor campaign focused on the European investment market. The Consulting Agreement has a term of six (6) months which may be terminated at any time upon thirty (30) days written notice or at such other time as mutually agreed on by Plutus and the Company. As consideration for the provision of the Services, and in accordance with the terms and provisions of the Consulting Agreement, the Company will pay Plutus a fee of up to €
About Azincourt Energy Corp.
Azincourt is a Canadian-based resource company specializing in the strategic acquisition, exploration, and development of alternative energy/fuel projects, including uranium, lithium, and other critical clean energy elements. The Company is currently active at its joint venture East Preston uranium project located in the Athabasca Basin, Saskatchewan, and on its Snegamook uranium project, located in the Central Mining Belt of Labrador.
ON BEHALF OF THE BOARD OF AZINCOURT ENERGY CORP.
"Alex Klenman"
Alex Klenman, President & CEO
For further information please contact:
Alex Klenman, President & CEO
Tel: 778-726-3356
info@azincourtenergy.com
Azincourt Energy Corp.
1012-1030 - West Georgia Street
Vancouver, BC V6E 2Y3
www.azincourtenergy.com
Cautionary Statement Regarding Forward-Looking Statements
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/240348
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