March 28, 2017 / 11:17 AM / 5 months ago

BRIEF-Azincourt Uranium announces option agreement

March 28 (Reuters) - Azincourt Uranium Inc:

* Azincourt Uranium announces option agreement to acquire a 70% interest in the east preston uranium project in the athabasca basin

* Azincourt Uranium Inc - azincourt may acquire a 70% interest eastern portion of preston project consisting of approximately 25,329 contiguous hectares

* Azincourt Uranium-to acquire 70% interest in east preston project by incurring c$2.5 million of staged expenditures, paying c$1 million in staged cash payments Source text for Eikon: Further company coverage:

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