Following the consolidation, the Company’s common stock is expected to begin trading on the open market on a post-consolidation basis on December 23, 2025. The Company’s stock symbol, “AAZ”, will not change. The new CUSIP number will be 05478T306 and the new ISIN number will be CA05478T3064. Following the consolidation, the Company will have approximately 86,059,672 shares of common stock issued and outstanding prior to fractional share rounding.
As a result of the Consolidation, no fractional shares will be issued. The number of post-consolidation common shares issuable to a shareholder of the Company will be rounded up in the event that the said shareholder was entitled to a fractional share equal to one-half or more of a post-consolidation common share, and will be rounded down in the event that the said shareholder was entitled to a fractional share equal to less than one-half of a post-consolidation common share, provided that no shareholder shall be entitled to more than one such rounding up.
Registered shareholders who hold stock certificates of the Company will receive, as soon as practicable after the Effective Date, a letter of transmittal from the Company’s transfer agent, TSX Trust Company, notifying them of the Consolidation and directing them to surrender and exchange their stock certificates or Direct Registration System (DRS) statements evidencing their pre-consolidation common shares for new stock certificates or new DRS statements reflecting the number of post-consolidated common shares represent shares to which they are entitled. A copy of the letter of transmittal will be posted on the Company’s issuer profile on SEDAR+ at www.sedarplus.ca. Non-registered shareholders who hold common shares of the Company through an intermediary (a stockbroker, dealer, bank or financial institution) should be aware that the intermediary may have different procedures for processing the Consolidation than those that will be implemented by the Company for registered shareholders. If shareholders hold their common shares through intermediaries and have questions about this, they are encouraged to contact their intermediaries.
The exercise or conversion price of, and the number of shares of common stock issuable under, convertible securities of the Company will be adjusted proportionately upon completion of the Consolidation.
About Agincourt Energy Corp.
agincourt is a Canadian-based resources 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 currently operates the Harrier Project in Labrador’s Central Mining Belt and the East Preston uranium project in the Athabasca Basin, Saskatchewan.
ON BEHALF OF THE BOARD OF Agincourt Energy Corp.
“Alex Klenman”
Alex Klenman, president and CEO
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain certain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. When or if used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “target,” “plan,” “predict,” “possible,” “plan” and similar words or expressions identify forward-looking statements or information. These forward-looking statements or information may relate to the consolidation, the timing of any consolidation and other factors or information. Such statements represent the Company’s current views with respect to future events and are necessarily based on a number of assumptions and estimates that, while considered reasonable by the Company, are inherently subject to significant business, economic, competitive, political and social risks, contingencies and uncertainties. Many factors, both known and unknown, could cause results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company does not intend and assumes no obligation to update these forward-looking statements or information to reflect any change in assumptions or changes in circumstances or other events affecting such statements and information, other than as required by applicable laws, rules and regulations.
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.
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