- The uranium market is on the cusp of significant supply deficits despite growing demand.
- As of 2018, there were 151 planned and 335 proposed reactors to be constructed globally.
- Azincourt Energy is focused on acquiring, exploring and developing alternative energy assets involving uranium, lithium and other critical clean energy elements.
- The flagship East Preston uranium project is a 25,000 hectare land position in the prolific Athabasca Basin, Saskatchewan.
- The Escalera Group in Puno, Peru, is a 7,400 hectare asset that leverages the strategic positioning as an emerging uranium-lithium district with a strong base metal presence.
- The company has a world-class management team and boasts strong institutional support with funds owing approximately 30% of the total shares outstanding.
The uranium market is on the rise. Market research expects global demand for the mineral to continue to grow in the coming years, with more than a dozen nuclear reactors slated to come online, followed by steady rollouts.
These changes in the energy space pose great growth opportunities for junior companies. As the market expects price adjustments for uranium to accommodate a limited supply and growing demand, companies developing uranium assets could be an integral part of producing the building blocks of energy futures.
Azincourt Energy (TSX.V:AAZ, OTCQB:AZURF, FSE:A0U2) is a Canadian resource company focused on acquiring, exploring and developing critical alternative energy projects for uranium and lithium. The company is currently developing its joint venture East Preston uranium project in the Athabasca Basin, Saskatchewan, Canada, as well as the Escalera Group uranium-lithium project located in Peru’s Picotani Plateau.