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ANK.V ·

Box 153, Sexsmith Alberta Canada 1 ANGKOR EXTENDS PRIVATE PLACEMENT

Financings

GRANDE PRAIRIE, ALBERTA (October 19, 2016): ANGKOR GOLD CORP. (TSXV: ANK) (“Angkor” or the “Company”) is pleased to announce that in order to accommodate market interest in its brokered Private Placement (the "Private Placement") with Gravitas Securities Inc. (“Gravitas Securities” or the "Agent") as previously announced on August 16, 2016, the Company has obtained TSX Venture Exchange approval to extend the Private Placement. Please see the Company’s previous press release for further information on the Private Placement.

The Private Placement remains subject to certain conditions including, but not limited to, regulatory approval and the acceptance of the TSX Venture Exchange. The Private Placement has received approval from the Board of Directors of the Company.

The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of, or a solicitation of an offer to buy, securities in the United States.

ABOUT ANGKOR GOLD CORP.

Angkor Gold Corp. is a public company listed on the TSX-Venture Exchange and is Cambodia’s premier mineral explorer with a significantly large land package and a first-mover advantage building strong relationships with all levels of government and stakeholders.

FOR FURTHER INFORMATION PLEASE CONTACT:

ANGKOR GOLD CORP.

Stephen Burega, Vice President of 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.

Box 153, Sexsmith Alberta Canada