Angkor Announces Stock Option Grant

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ANGKOR ANNOUNCES STOCK OPTION GRANT

GRANDE PRAIRIE, ALBERTA (July 26, 2023):

Angkor Resources Corp. (TSXV: ANK and OTCQB: ANKOF) (“Angkor” or the “Company”) announces the

Company has issued 5,100,000 common share purchase options (the "Options", and each an "Option")

pursuant to the Company's stock option plan (the "Plan").

The Company issued 5,100,000 Options to certain directors, officers, employees, and consultants of the

Company, who are eligible to receive the Options under the Plan. Each Option grants the holder the

right to purchase one Common Share at a purchase price of $0.08 per Common Share for a period of 5

years from the date of issue. Accordingly, the Options expire July 25, 2028.

ABOUT ANGKOR RESOURCES CORPORATION:

Angkor Resources Corp. is a public company, listed on the TSX-Venture Exchange, and is a leading resource

optimizer in Cambodia working towards mineral and energy solutions across the country. The company

holds three mineral exploration licenses in the country and in late 2022, its subsidiary, EnerCam

Resources, was granted an onshore oil and gas license of 7300 square kilometers in the southwest

quadrant of Cambodia. Angkor’s carbon capture and gas conservation project in Saskatchewan, Canada

proves its long-term commitment to Environmental and Social projects across expanding jurisdictions.

CONTACT:

Delayne Weeks - CEO

Email: [email protected] Website: angkorresources.com Telephone: +1 (780) 831-8722

Please follow @AngkorResources on LinkedIn, Facebook, Twitter, Instagram and YouTube.

Neither 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. 

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and

unknown risks and uncertainties. These forward -looking statements are subject to numerous risks and uncertainties, certain

of which are beyond the control of the Company, including, but not limited to the potential for gold and/or other minerals at

any of the Company’s properties, the prospective nature of any claims comprising the Company’s property interests, the impact

of general economic conditions, industry conditions, dependence upon regulatory approvals, uncertainty of sample results,

timing and results of future exploration, and the availability of financing. Readers are cautioned that the assumptions used in

the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise

and, as such, undue reliance should not be placed on forward-looking statements.