ANGKOR SHARES FOR DEBT TRANSACTION

Angkor Resources Corp. has announced a comprehensive debt restructuring initiative through shares-for-debt transactions totaling $1,922,800. The Company, which trades on the TSX Venture Exchange under ticker ANK and on the OTC markets as ANKOF, will convert existing creditor obligations into equity positions subject to regulatory approval.

The transaction represents a strategic financial restructuring move that will strengthen Angkor's balance sheet by eliminating nearly $2 million in debt obligations. By converting debt to equity, the Company avoids cash outflows while providing creditors with ownership stakes that could appreciate with future performance. This type of arrangement is common among junior resource companies seeking to preserve cash while addressing outstanding obligations.

The shares-for-debt mechanism requires approval from the TSX Venture Exchange, which is standard procedure for such transactions. This regulatory oversight ensures the transaction meets exchange requirements and protects shareholder interests. The completion of this debt conversion will improve Angkor's financial position and provide greater operational flexibility going forward.

For the broader junior mining sector, this transaction reflects ongoing capital market challenges and the creative approaches companies are taking to manage liquidity pressures. The willingness of creditors to accept equity in lieu of cash payments suggests confidence in Angkor's underlying asset value and future prospects.