Angkor Resources Corp. announced a non-brokered private placement of up to 3,571,428 units at CAD 0.07 per unit for gross proceeds of up to CAD 250,000 on September 13, 2023. Each unit comprises one common share in the capital of the company and one transferable common share purchase warrant.

Each warrant entitles the holder to acquire one common share at CAD 0.10 for three years from the date of issuance. The transaction may include participation from directors and/or officers of the company. The completion of the offering is subject to, among other things, acceptance of the TSX Venture Exchange, and all securities issued pursuant to the offering will be subject to a four-month hold period from the date of closing.