Angkor Resources Corp. Announces $750,000 Private Placement to Fund Exploration Activities

Reuters
04 Jul
<a href="https://laohu8.com/S/ANKOF">Angkor Resources Corp.</a> Announces $750,000 Private Placement to Fund Exploration Activities

Angkor Resources Corp. has announced a private placement to raise up to $750,000 through the sale of up to 4,285,714 units at a price of $0.175 per unit. Each unit includes one common share and one-half common share purchase warrant, with each full warrant allowing the purchase of one common share at an exercise price of $0.35 for 24 months following the closing of the private placement. The funds raised will be utilized for exploration activities on the company's projects and for general working capital purposes. The offering is subject to acceptance by the TSX Venture Exchange, and insiders may participate in the private placement. Additionally, finders' fees or brokers' commissions may be applicable as per TSX Venture Exchange policies.

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