March 28 (Reuters) - Azincourt Uranium Inc AAZ.V :
* 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: ID:nCCN8jbD2n
Further company coverage: AAZ.V
((Bangalore.newsroom@thomsonreuters.com;))