Angkor Announces Changes to the Board and New Management Appointment
GRANDE PRAIRIE, ALBERTA / TheNewswire / August 10, 2015 - Angkor Gold Corp. (TSXV: ANK) ("ANGKOR") announced today that the board of directors has appointed Rhonda Hewko B.A.Sc., P.Eng., as Director on August 4, 2015. Rhonda Hewko has over 17 years' experience in the environmental engineering field. Mike Weeks, CEO and Chairman of the Board said, "We welcome Rhonda's experience in the environmental and engineering sectors. Her expertise will diversify ANGKOR's Board and her professional input is valuable as we work with the Cambodian Government in developing environmental standards."
Rhonda Hewko replaces Robert Neill, who resigned as Director on August 4, 2015 to focus on other business interests. Mike Weeks, continued, "We sincerely thank Bob for his time and contributions to ANGKOR. He has been a valued member of our team and we wish him great success in his future endeavours."
Angkor further announced the appointment of Stephen Burega to VP Corporate Development. Over the past 10 years, Stephen Burega has been intimately involved in the launch and management of a number of natural resource companies. Previous to that, Stephen Burega worked in the finance, communications, and government relations arenas for 12 years. He brings experience spanning both national and international projects, private and public sectors. Mike Weeks commented on the appointment, "Stephen will help define and develop the North American markets for ANGKOR. We are very pleased to have him join the Angkor team.
Stephen Burega has held senior management roles for a variety of both publicly- traded and private natural resource companies, and has been active on a number of boards for both profit and not-for-profit organizations.
The Company also announces the granting of incentive stock options to its directors, officers and consultants to purchase up to an aggregate of 250,000 common shares at a price of $0.49 per share, exercisable until August 7, 2017. Granting of the options is subject to the approval of the TSX Venture Exchange.
ANGKOR's seven exploration licences in the Kingdom of Cambodia cover 1,448 km2, which the company has been actively exploring over the past 6 years. The company has now covered all tenements with stream sediment geochemical sampling; the company has flown low level aeromagnetic surveys over most of the ground; drilled 21,855 metres of NQ core in 190 holes; and has collected in excess of 110,000 termite mound, and 'B' and 'C' zone soil samples in over 20 centres of interest over a combined area of over 140km2, in addition to numerous trenches and detailed geological field mapping. Exploration on all tenements is ongoing.
Angkor Gold Corp., a public company listed on the TSX-Venture Exchange, is Cambodia's premier gold explorer with a significantly large land package and a first-mover advantage with excellent relationships at all levels of Government (local to national).
FOR FURTHER INFORMATION PLEASE CONTACT:
Mike Weeks, President
Telephone: (780) 568-3801 Email: mw@angkorgold.ca
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