Angkor Resources Corp closed the transaction on September 18, 2023. The company will issue 2,857,143 units at an issue price of CAD 0.007 per unit for gross proceeds of CAD 200,000.Each unit comprised of one common share and one Share purchase warrant entitling the holder to acquire one (1) Common Share at CAD 0.10 for a period three years from the date of issuance. An insider of the Company has participated in the private placement and acquired 1,428,571 units for proceeds of CAD 100,000. This private placement remains subject to the final approval of the TSX Venture Exchange. All securities issued under the placement are subject to a statutory hold period that expires on January 19, 2024.

The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 2 placees and 1 existing insider for 1,428,571 units.