Angkor Resources Reveals Plans for Private Fundraising
Angkor Resources Corp. Announces $750,000 Private Placement
Angkor Resources Corp., a public company listed on the TSX-Venture Exchange, has announced a private placement to raise up to $750,000. The funds will be used to finance exploration activities on Angkor Resources’ projects and for general working capital purposes.
The private placement will consist of the sale of up to 4,285,714 units at a price of $0.175 per unit. Each unit will comprise one common share and one-half common share purchase warrant. Each full warrant will entitle the holder to purchase one common share at an exercise price of $0.35 for a period of 24 months following the closing of the private placement.
Insiders may participate in the private placement, and finder's fees or commissions may be paid in accordance with TSX Venture Exchange policies. The shares issued from this private placement will be subject to a hold period in Canada of four months plus one day from closing.
It is important to note that none of the securities issued in the Offering will be registered under the United States Securities Act of 1933, as amended. Therefore, the securities cannot be sold in the U.S. without registration or exemption. The offering is subject to acceptance by the TSX Venture Exchange.
Readers are advised not to place undue reliance on the forward-looking statements and information contained in this news release. Principal does not assume any obligation to update these forward-looking statements should they change, except as required by applicable securities laws.
The news release is copyrighted by TheNewswire in 2025. For more information about Angkor Resources Corp., visit their website at angkorresources.com or follow them on Instagram: @AngkorResources. For inquiries, please contact them at [email protected] or by telephone at +1 (780) 831-8722. The news was provided by TheNewsWire via QuoteMedia.
Angkor Resources Corp. (TSXV: ANK, OTC: ANKOF) is working towards mineral and energy solutions across Canada and Cambodia. The company's news was announced on July 4, 2025.
The private placement is intended to aid in financing exploration activities within Angkor Resources' projects, as well as providing general working capital. This investing opportunity comprises the sale of up to 4,285,714 units in the business sector, with each unit consisting of one common share and one-half common share purchase warrant.
