Angkor Closes Private Placement
ANGKOR GOLD CORP. CLOSES PRIVATE PLACEMENT
SEXSMITH, AB (April 20, 2018) ANGKOR GOLD CORP. (TSXV: ANK and OTC: ANKOF) (“Angkor” or “the Company”) the “Company”) is pleased to announce it has closed a private placement of 582,750 units (each, a “Unit”) at a price of $0.20 per Unit (the “Financing”). Each Unit consists of one common share in the capital of the Company (each, a “Common Share”) and one transferable warrant (each, a “Warrant”), with each full Warrant entitling the holder to purchase one additional Common Share at a price of $0.25 per Common Share for a period of two years and are subject an acceleration clause. Proceeds of the financing are anticipated to be used for general working capital.
All securities issued in the financing are subject to a statutory hold period expiring four months and one day after closing.
None of the securities issued in the financing will be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful.
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.
Stephen Burega, CEO
Telephone: (647) 515-3734
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.
Category: Press Release
By Stephen Lautens on April 20, 2018