News Release originally published at MarketWired

Angkor Gold Corp. CEO Mike Weeks is pleased to announce that the Company has closed a non-brokered private placement. The Private Placement is subject to TSX Venture Exchange approval.

The Company completed the sale of 1,900,000 units (“Unit”) at a purchase price of C$0.30 per unit for gross proceeds of C$$570,000. Each Unit consists of one (1) common share (“Common Share”) of the Company and one (1) full non-transferable share purchase warrant (“Warrant”). Each full Warrant will entitle the holder to acquire one (1) Common Share at an exercise price of $0.35 for a period of 24 months from the closing date of the Private Placement. In the event that the Company’s common shares trade at a closing price on the Exchange of greater than $0.45 per share for a period of 10 consecutive trading days at any time after the closing date, the Company may accelerate the…

See the entire news release.