Company”) the “Company”) a leading Canadian gold and copper mineral explorer in Cambodia , is pleased to announce
Box 153, Sexsmith, AlbertaT0H 3C0
Canada • www.angkorgold.ca
ANGKOR GOLD CORP.
PRIVATE PLACMENT
SEXSMITH, AB ( May 9th 2018) ANGKOR GOLD CORP. (TSXV: ANK and OTC: ANKOF) (“Angkor” or “the
Company”) the “Company”) a leading Canadian gold and copper mineral explorer in Cambodia , is pleased to announce
that it is proceeding with a financing for up to CDN $2 million in unsecured convertible notes of the Corporation (the
"Notes").
The Notes have a three (3) year term and bear interest at the rate of six percent (6.00%) per annum if paid in cash or ten
percent (10%) per annum if paid by common shares. At the option of the Note holder, interest payments may be made in
cash or in the form of common shares at an issue price equal to the market price at the time of settlement. At the end of
the term the Company will have the option to convert the principal amount into common shares in the capital of the
Company at a conversion price of $0.25 per share, or repay the outstanding principal in cash. The Notes will also consist
of a detachable warrant exercisable for a common share in the Company at $0.30 for a period 3 years from the issue date.
The company further announces that it has received and is closing the first tranche of this financing for a total of
$550,000.00. Pending TSX -V approval, the company will issue the convertible note for $550,000.00 and 2,200,000
warrants in connection with this first tranche.
The proceeds from this offering will be used to finance continued gold and copper exploration on Angkor’s five
exploration licenses in Cambodia, and for general working capital purposes.
The offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory approval s,
including the approval of the TSX Venture Exchange.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities in the United States.
The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered
or sold in the United States absent registration or an application exemption from the registration requirements.
ABOUT ANGKOR GOLD CORP.
ANGKOR Gold Corp . is a public company listed on the TSX -Venture Exchange and is a leading mineral explorer in
Cambodia, with a large land package and a first -mover advantage building strong relationships with all levels of
government and stakeholders.
On behalf of the Board,
Mike Weeks, Executive Chairman
Angkor Gold Corp.
CONTACT:
Stephen Burega, CEO
Telephone: (647) 515-3734
Email: [email protected]
Website: http://www.angkorgold.ca or follow us on Twitter @AngkorGold
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.