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Angkor Announces New Addition to the Board of Directors and Appointment of a Special Advisor to the Board

30.04.2013  |  GlobeNewswire

VANCOUVER, British Columbia, April 30, 2013 (GLOBE NEWSWIRE) -- Angkor Gold Corp. (TSXV:ANK) ("ANGKOR" or the "CORPORATION") is pleased to announce that Mr. Robert Neill, B.A., M.B.A. has been appointed to the Corporation's Board of Directors.

For the past three years, Mr. Neill (Bob) has been the VP of Business Development and Country Manager of Grupo de Bullet, S.A.S, ("Bullet") a mineral exploration company based out of Colombia that has been operating more than 20 years and successfully follows a project / prospect generator business model. Since 2012, Bob has also been a director of Trident Gold Corp. and Sabre Metals – both companies operating land acquired from Bullet. In addition, Bob has more than five years experience as a consultant in the energy sector and with Deloitte as a strategy and operations consultant. Bob has travelled and spent time in Cambodia.

Mike Weeks, Angkor's CEO and Chairman, commented, "The appointment of Bob to our Board of Directors confirms our transition to become a project generator, which we initiated in the summer of last year. We're very pleased with the strategic deals we announced in January 2013 and we're working hard to deliver more deals in 2013. Bob brings experience and energy from an established company in an emerging country and from one of the most successful operators of this business model. He's a great fit and we're looking forward to the opportunities and insights he will bring to our team."

The appointment of Bob Neill to Angkor's Board of Directors is subject to the approval of the TSX Venture Exchange.

Angkor is also pleased to announce that Francis Farraye, M.D., M.Sc., has been appointed a Special Advisor to Angkor's Board of Directors and will also be appointed as a director of the ANK Foundation, Angkor's newly formed non-profit entity. The ANK Foundation will undertake community development projects in cooperation with Angkor Gold.

Dr. Farraye (Frank) is a Professor of Medicine at Boston University School of Medicine in Boston, MA where he is the clinical director in the Section of Gastroenterology at Boston Medical Center. He is a Fellow of the American College of Physicians, American College of Gastroenterology and several other gastrointestinal societies. His clinical pedigree speaks for itself, having authored over 300 scientific papers, chapters, reviews and abstracts. He is a frequent speaker and lecturer throughout the United States and has lectured in Ireland and Spain. Francis sits on several boards of medical and non-profit organisations. In 2003, he was named Humanitarian of the Year by New England Crohn's and Colitis Foundation of America.

Delayne Weeks, Angkor's VP Corporate Social Responsibility, emphasised, "Frank's appointment as a Special Advisor to our Board and with a focus on our sustainability program in Cambodia underlines how important our community work is to us: it is a core part of our business strategy. His dual role as a Director of the ANK Foundation will help bridge our corporate social responsibility work with our actual work on the ground. I am thrilled to have Frank join us – he will help make these communities and this country healthier and he brings a fresh perspective to the mining industry. Our Sustainable Community Development program follows the World Bank Guidelines for Community Driven Development and we are actively seeking to expand it this year. We look forward to him visiting the rural communities where we are making a real, positive difference at the same time as undertaking our mineral exploration activities."

Angkor Gold Corp.. is a public company listed on the TSX-Venture Exchange. It 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).

Angkor has five exploration licences in the Kingdom of Cambodia now covering a total of 1102 km2, plus four pending licence applications. The company has been actively exploring these concessions over the past four years, and has now covered all tenements with stream sediment geochemical sampling, has flown low level aeromagnetic surveys over much of the ground, drilled 17,556 metres of NQ core in 143 holes, of which 8,815m in 66 holes were drilled in the 2012 season; has collected in excess of 20,000 'C' zone soil samples, and over 10,000 samples from termite mounds in 10 centres of interest, over a combined area of 30km2, in addition to numerous trenches and detailed geological field mapping. Exploration on all tenements is ongoing.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.

Neither the TSX Venture nor its regulation services provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this press release.



Contact
 Angkor Gold Corp.
Mike Weeks, President
Telephone: (780) 568-3801
Email: mw@angkorgold.ca

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