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Azincourt Announces Investor Relations Appointment

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 02/05/14 -- Azincourt Uranium Inc. (TSX VENTURE: AAZ) (the "Company" or "Azincourt") announces it has entered into an Investor Relations Agreement (the "Agreement") with Matri Capital Corp. ("Matri"), dated February 4, 2014. Headed by Mr. Mario Vetro and based in Vancouver, BC, Matri Capital Corp. will assist the Company in strategic marketing and communications.

Pursuant to the terms of the Agreement, Matri has agreed to provide investor relation services to the Company for a period of six months with the option to extend the Agreement for an additional six months by mutual consent of the Company and Matri. Matri will receive consideration in the payment of C$2,500 per month and will be granted up to 100,000 stock options to purchase up to 100,000 common shares of the Company at a price of C$0.26, subject to the terms and conditions of the Company's stock option plan.

The Agreement and the grant of stock options to Mr. Vetro are subject to the acceptance of the TSX Venture Exchange.

About Azincourt Uranium Inc.

Azincourt Uranium Inc. is a Canadian based resource company specializing in the strategic acquisition, exploration and development of uranium properties and is headquartered in Vancouver, British Columbia. Azincourt has advanced exploration projects and compliant uranium resources in Peru and the PLN exploration project in Saskatchewan.

Common Shares are listed on the TSX Venture Exchange under the symbol "AAZ".

ON BEHALF OF THE BOARD OF AZINCOURT URANIUM INC.

Ted O'Connor, CEO and President

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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