ANK:CC - Angkor Finalizes Disposition of Oyadao North License in Ratanakiri, Cambodia
(TheNewswire)
GRANDE PRAIRIE, ALBERTA – TheNewswire - October 24, 2025 - ANGKOR RESOURCES CORP.(TSXV: ANK) (“ANGKOR” OR “THE COMPANY”) announces it has finalized the sale of all mineral rights onOyadao North license to Almighty Natural Resources (“Almighty”).
Angkor negotiated a sale of mineral rights of theOyadao North license to Almighty Natural Resources and announced onJune 26, 2024. After delays from Almighty, the Company received$325,000 US as the final cash component in the transfer of license toAlmighty and signed a 4% Net Smelter Royalty for Angkor to receive onproduction revenue from any mineral recovered and produced from theOyadao North license. The Company provided written confirmation tothe Ministry of Mines and Energy of its agreement to transfer mineralrights.
Hommy Resources Ltd., holding a 30% interest in theproperty, chose to receive shares for their entire interest in thesale of the license, and participated in the shares for debt announcedon Sept 23, 2025 receiving a total of 542,857 common shares of Angkor.
With final documentation completed on the disposition,Angkor continues with its priority projects of Block VIII onshore oiland gas, and its two remaining mineral licenses, Andong Meas inRatanakiri and Andong Bor, which straddles Oddar Meanchey and BanteayMeanchey provinces in northwest Cambodia.
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ABOUT ANGKOR RESOURCESCORPORATION:
ANGKOR Resources Corp. is a publiccompany, listed on the TSX-Venture Exchange, and is a leading resourceoptimizer in Cambodia working towards mineral and energy solutionsacross Canada and Cambodia. Since 2022, Angkor’s Canadiansubsidiary, EnerCam Exploration Ltd., has been involved in gas/carboncapture and oil and gas production in Saskatchewan, Canada. ANGKOR’s carbon capture and gas conservation project is part ofits long-term commitment to Environmental and Social projects andcleaner energy solutions across jurisdictions.
The company’s mineral subsidiary,Angkor Gold Corp. in Cambodia holds two mineral exploration licensesin Cambodia with multiple prospects in copper and gold.
Its Cambodian energy subsidiary, EnerCamResources, was granted an onshore oil and gas license of 7300 squarekilometers in the southwest quadrant of Cambodia called Block VIII. The company then removed all parks and protected areas and added 220square kilometers, making the just over 4095 square kilometers. EnerCam is actively advancing oil and gas exploration onshoreCambodia to meet its mission of discovering and proving commercial oiland gas in Cambodia.
CONTACT: DelayneWeeks - CEO
Email: info@angkorresources.com Website: angkor resources.com Telephone: +1 (780)831-8722
Please follow @AngkorResources on , , , Instagram and .
Neither TSX VentureExchange nor its Regulation Services Provider (as that term is definedin the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.
Certain information set forth in thisnews release may contain forward-looking statements that involvesubstantial known and unknown risks and uncertainties. Theseforward-looking statements are subject to numerous risks anduncertainties, certain of which are beyond the control of the Company,including, but not limited to the potential for gold and/or otherminerals at any of the Company’s properties, the prospective natureof any claims comprising the Company’s property interests, the impact of generaleconomic conditions, industry conditions, dependence upon regulatoryapprovals, uncertainty of sample results, timing and resultso f future exploration, andthe availability of financing. Readers are cautioned that theassumptions used in the preparation of such information, althoughconsidered reasonable at the time of preparation, may prove to beimprecise and, as such, undue reliance should not be placed onforward-looking statements.
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