TSX-V Exchange Approves Shares For Debt Transactions

(TheNewswire)

GRANDE PRAIRIE, AB – TheNewswire - (October 30, 2025): Angkor Resources Corp.(TSXV: ANK and OTC: ANKOF) (“Angkor” or “theCompany”) announces approval from the TSXExchange following its review of a proposed ‘shares for debt’transaction for an aggregate $1,922,800 debt owed by the Company tocertain creditors (the “ DebtTransactions “).

The Company issued an announcement on September 23,2025 regarding shares for debt and removal of $1,922,000 of debtreduced from the balance sheet for certain creditors.   The DebtTransactions were subject to TSX approval and the TSX Exchange hasapproved the transactions and the issuance of 9,156,190 shares at $.21 each and 4,131,667 warrants. Each full Warrant isexercisable to purchase a common share at 0.30 for a period of 24months from the date of issuance. The warrantsshall be subject to an acceleration clause.  In the event that theCompany’s shares trade at $0.40 per share or above for a period of10 consecutive trading days, a forced exercise provision will comeinto effect for the warrants issued in connection with this offering.

The Common Shares to be issued will be subject to ahold period of four months and one day following the date of issuance,in accordance with applicable securities laws and TSXV policies. With the review by the TSX Exchange complete, the transaction willnow close and is considered complete.

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. ANGKOR’s carbon capture and gasconservation project in Saskatchewan, Canada is part of its long-termcommitment to Environmental and Social projects and cleaner energysolutions across jurisdictions.

The company’s mineral subsidiary,Angkor Gold Corp. in Cambodia holds two mineral exploration licensesin Cambodia and its Cambodian energy subsidiary, EnerCam Resources,was granted an onshore oil and gas license of 7300 square kilometersin the southwest quadrant of Cambodia called Block VIII.  The licensewas reduced to roughly half the size with the Company’s voluntaryremoval of all parks and protected areas in March 2025 and thesubsequent addition of 220 square kilometres in the northeast corner,finalizing a size of 4095.1 square kilometers.

Since 2022, Angkor’s Canadiansubsidiary, EnerCam Exploration Ltd., has been involved in gas/carboncapture and oil and gas production in Evesham, Saskatchewan.

CONTACT: DelayneWeeks - CEO

Email: info@angkorresources.com Website: angkor resources.com

Telephone: +1 (780)831-8722

Please follow @AngkorResources on , , , Instagram and .

Certain information set out in thisnews release constitutes forward-looking information within themeaning of applicable securities laws. Forward-looking information isoften, but not always, identified by the use of words such as"seek", "anticipate", "hope","plan", "continue", "estimate","expect", "may", "will","intend", "could", "might","should", "scheduled", "believe" andsimilar expressions. The forward- looking information set out in thisnews release relates to future events or our future performance andincludes, without limitation statements concerning the Shares for DebtTransaction, Angkor’s ability to obtain all necessary approvals inrespect of the Shares for Debt Transaction and the participation ofcertain insiders and management in the Shares for DebtTransaction.

Although the forward-lookinginformation contained in this news release is based upon whatmanagement of Angkor believes are reasonable assumptions on the dateof this news release, Angkor cannot assure readers that actual resultswill be consistent with such forward-looking information.Forward-looking information involves substantial known and unknownrisks, uncertainties and other factors which cause actual results tovary from those expressed or implied by such forward lookinginformation, including without limitation those risks anduncertainties described in more detail in Angkor's securitiesfilings available at www.sedarplus.ca .Forward-looking information should not be read as a guarantee offuture performance or results, and will not necessarily be an accurateindication of whether or not such results will be achieved.

The forward-looking informationcontained in this news release is provided as of the date hereof.Angkor disclaims any intention or obligation to update or publiclyrevise any forward–looking information whether as a result of newinformation, future events or otherwise, except as required underapplicable securities laws. All forward-looking information containedin this news release is expressly qualified in its entirety by theforegoing cautionary statements.

Neither the TSXV nor its RegulationServices Provider (as that term is defined in policies of the TSXV)accepts responsibility for the adequacy or accuracy of thisrelease .

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