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ANK.V ·

Angkor GOLD Announces Appointment of Exploration Manager

Management Changes

ANGKOR GOLD CORP

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

1.780.568.3801 • www.angkorgold.ca

ANGKOR GOLD ANNOUNCES APPOINTMENT

OF EXPLORATION MANAGER

GRANDE PRAIRIE, AB ( April 20, 2017) ANGKOR GOLD CORP. (TSXV: ANK and OTC: ANKOF)

(“Angkor” or “the Company ”) announced today the appointment of Dennis Ouellette as

Exploration Manager of Angkor effective immediately.

“I am very pleased to announce the appointment of Dennis as our new Exploration Manager,”

said CEO Mike Weeks. “Mr. Ouellette joined us a few months ago as our Senior Geologist on

site in Cambodia and has been very active in the field s ince then. I know he will make a great

contribution to Angkor Gold in managing and advancing our various projects across our

properties.”

Dennis Ouellette, B.Sc., P.Geol., is a member of The Association of Professional Engineers and

Geoscientists of Alber ta (APEGA # 104257) and is a Qualified Person as defined by National

Instrument 43 -101 (“NI 43 -101”). He has recently worked as a consulting geologist designing

and managing exploration programs in Alberta, Yukon and British Columbia and assisting in the

execution of exploration programs in the USA and Guatemala. He has also worked as a partner

in prospecting ventures resulting in the acquisition and optioning of exploration properties in

western Canada. Early in his career Dennis worked in a variety of ro les, including Senior

Exploration Geologist, Project Geologist and Field Assistant for companies such as United Keno

Hill Mines (Yukon), Falconbridge (Newfoundland) and Goldquest Exploration (Goldcorp - Red

Lake, Ontario).

From 1999 to 2002 Mr. Ouellette also worked at the Cabinet and Caucus Offices for the Yukon

Government, providing executive assistance and advice to the Ministers of several

departments, and in the 1990s as a Staff Geologist in the Department of Indian and Northern

Affairs Canada, Yukon R egion. From 1994 to 1996 Dennis served as the Manager of the Yukon

Chamber of Mines. These two positions involved informing, educating and interacting with

industry and the public through prospecting courses, symposium talks and multi -stakeholder

meetings.

“I have had the opportunity over the past three months to review the data for and examine first

hand the mineral potential of Angkor Gold’s five exploration licenses ,” said Ouellette . “I’m

fortunate that there was a lot of well -executed exploration work done before my arrival. It

makes my job of advancing existing occurrences and finding new ones much easier. Being a part

of Angkor Gold’s experienced team is an exciting opportunity to continue building on the

company’s success."

ANGKOR GOLD CORP

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

1.780.568.3801 • www.angkorgold.ca

The technical and scientifi c information in this release has been reviewed and approved by

Dennis Ouellette, B.Sc., P.Geol., a member of The Association of Professional Engineers and

Geoscientists of Alberta (APEGA # 104257) and a Qualified Person as defined by National

Instrument 4 3-101 (“NI 43 -101”). He is the Company’s Exploration Manager on site in

Cambodia.

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

ANK) and is Cambodia’s premier mineral explorer with a large land package and a fir st-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, President

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 constitute “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 activity 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 up date or revise forward -looking information, whether as a result of new

information, future events or otherwise.