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ANK.V ·

Angkor GOLD Announces Appointment of Chief Financial Officer

Management Changes

ANGKOR GOLD CORP

Box 153, Sexsmith, Alberta, Canada, T0H 3C0

1.780.568.3801 • www.angkorgold.ca

ANGKOR GOLD ANNOUNCES APPOINTMENT

OF CHIEF FINANCIAL OFFICER

SEXSMITH, AB ( July 18, 2017) ANGKOR GOLD CORP. (TSXV: ANK and OTC: ANKOF)

(“Angkor” or “the Company”) CEO Mike Weeks is pleased to announce the appointment of

Grant T. Smith, CPA, CA, as Chief Financial Officer of the Company effective immediately.

Mr. Smith's management background extends over 20 years with diverse operations and

organizations, including Johnsen Archer and PriceWaterhouse Coopers. He is a Chartered

Accountant and has over a decade of experience in the accounting field. Mr. Smith is the senior

partner with Clearline Chartered Accountants, a firm of chartered accountants with offices in

Vancouver, North Vancouver and White Rock.

He serves as the CFO for several public co mpanies on TSX Venture Exchange with operations in

Canada, the USA, and Mexico. Mr. Smith also has extensive experience serving private companies

in various industries as well as not -for-profit organizations. He is very active in his community,

supporting both the arts and social services by serving on various Boards, until recently he was

the President of the Vancouver Chamber Choir and served as the treasurer of the MS Society for

five years. He is currently the treasurer of the Honour House Society. He holds a BFA (1984) from

York University and received his designation as a CA in 2005.

“We are very pleased to add Grant’s experience and expertise to the Angkor team,” said CEO

Mike Weeks. “As we advance our portfolio of exploration and development projects it is

important to have the ongoing assistance of exceptional professionals like Grant. I also want to

thank our outgoing Interim CFO, Terry Mereniuk, for his hard work and assistance during the

transition.”

As part of his appointment, Mr. Smith will be g ranted 300,000 incentive stock options at a price

of $0.30 in accordance with the company’s Stock Option Plan. These stock options vest over a

period of twelve months following the grant date.

The Company would also like to announce the grant of an additional 1,000,000 incentive stock

options to Directors, officers and consultants of the Company. The option grants are issued

pursuant to the Company's Stock Option Plan and are exercisable at an exercise price of $0.30.

The above options are for a five year term from the date of the grant and are subject to the

approval of the TSX Venture Exchange.

ANGKOR GOLD CORP

Box 153, Sexsmith, Alberta, Canada, T0H 3C0

1.780.568.3801 • www.angkorgold.ca

ANGKOR Gold Corp. is a Canadian public company listed on the TSX-Venture Exchange (Symbol:

ANK) and is Cambodia’s premier mine ral explorer with a large land package and a first -mover

advantage building strong relationships with all levels of government and stakeholders. Visit our

website at: http://www.angkorgold.ca or follow us @AngkorGold for all the latest updates.

FOR FURTHER INFORMATION PLEASE CONTACT:

ANGKOR GOLD CORP.

Stephen Burega, VP – Corporate Development

Telephone: (647) 515-3734

Email: [email protected]

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 of the statements made and information contained herein may consti tute “forward-

looking information”. In particular references to the private placement and future work programs

or expectations on the quality or results of such work programs are subject to risks associated

with operations on the property, exploration acti vity generally, equipment limitations and

availability, as well as other risks that we may not be currently aware of. Accordingly, readers

are advised not to place undue reliance on forward- looking information. Except as required

under applicable securities legislation, the Company undertakes no obligation to publicly update

or revise forward-looking information, whether as a result of new information, future events or

otherwise.

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